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Finance Magnates· Damian Chmiel·· 2 hours agoAI score57

Italy’s CONSOB submitted 95% of entries to the EU register of unlicensed crypto companies

Italy Filed 95% of the EU's Register of Unlicensed Crypto Firms

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Italy’s market regulator CONSOB submitted 179 of the 188 records to the EU register of unlicensed crypto companies managed by ESMA, accounting for 95%. Belgium submitted 6 records, while the Czech Republic, the Netherlands and Slovakia each submitted 1; Germany, despite having 89 warnings mentioning crypto services, submitted no records. MiCA Article 110 defines the register as a non-exhaustive list and does not specify an obligation or deadline for national regulators to submit entries, limiting its usefulness for standalone counterparty screening.

Source:Finance Magnates · financemagnates.com