Italy’s Market Watchdog Gives Crypto Firms A Clear Order: Act Or Exit

According to a press release from Consob on December 4, 2025, Italy’s securities regulator told crypto and virtual asset service providers (VASPs) that they must secure authorization under the EU’s Markets in Crypto-Assets regime (MiCA) by December 30, 2025, or stop serving Italian clients.The notice warns operators that those who do not file for a MiCA-compliant license must close out services and return customer funds by the year-end.
Consob’s Deadline And What It Means For F