Original sourceCoin Edition
Summary
The EU MiCA regime forces thousands of crypto firms to exit or re-register, creating regulatory confusion that scammers exploit by impersonating regulators or exchanges, sending fake notices to lure users into transferring funds. As of July, only about 323 firms are ESMA-authorized; an estimated 1,…
Key points
- Learn about scam risks during MiCA transition to protect yourself from losses.
- Scam risk increases during MiCA transition; users need to stay vigilant.
- Users should verify platform authorization before transferring assets to avoid becoming scam victims.
Editorial note
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