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Czech National Bank Reviews Five Crypto License Applications Under MiCA

Czech National Bank Reviews Five Crypto License Applications Under MiCA

Photo: TokenPost

The Czech National Bank (CNB) is reviewing five crypto service license applications filed since the European Union’s Markets in Crypto-Assets Regulation (MiCA) transition ended July 1, while supervising 11 authorized domestic providers. Two applications came from firms that had applied before. All five remain under review. July 1 marked the final EU transition deadline for crypto service providers, although some member states ended their transition periods earlier. Authorization in another EU country can also give a firm access to the Czech market after it completes cross-border notification.

Source: TokenPost

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