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The Italian road announced that the providers of the Digital School must obtain a license under December 30 Europe 30 or close their businesses locally, and move to use them in Italy.
He encouraged Condartor, who oversees the country, has encouraged all suppliers and agents to “remove the transition period in Europe for services and sales.
Under Italian law, companies currently registered as supervisors (vasps) can continue their business until December 30, 2025, when they are registered with the National Regiders and assistants (Oam).
Then, companies must take steps to register with Micretary – Casps) if they want to continue their business in the country.
Guidelines for the transition of the Italian exchange to the harmonized Crypto regulations in Europe
Financial Support Services (Vasps) who apply on December 30 – whether in Italy or another EU state – will be allowed to continue with clients when their files are checked. This limited period ends when the program is accepted or rejected, no later than June 30, 2026.
In the past, the current system in Italy humbles itself to register vasps within the world’s suppliers and agents (Oam). Guided by the laws of machiera, the service providers will need to be approved from the authority of those who will rule, after which they will be monitored by many stone tests after they conquer the world.
In order to facilitate system change and transparency it has provided detailed information that is also discussed and published on the same day by the European securities and authority (Esma). The document explains what individual users should do as a last resort and agents should keep in mind if they decide to seek a license or close their business.
The reformers are asking users to check the status of the beneficiaries (wasps) before it happens
For sellers, the regulators have confirmed that the asset managers (VASPS) who are working will not allow their business on December 30, explaining the importance of what customers can get adequate information from what they provide in the future. If not, they should ask for an explanation based on the new framework.
Colob advised users to make sure that the company is allowed to operate legally in Italy after sending other suppliers (Esma). If the Provider does not operate legally, it cannot continue to provide digital services, and customers have the right to ask for a refund or their money.
Regarding service providers, Colub already recalled the guidance through meetings and preliminary information in September 2022.
In addition, the Regalator stated that the fund managers (vasps) who choose not to use digital funds (masps) of Digital Assistants, and must return the funds they have online.
In the case of financial institutions (Vasps) who remain on the reuning, they must declare their websites in detail and provide the confidentiality of the customers they want to take, even if they are applying for a cable license or exiting the system.
Post Italy requires that Crypto agents obtain a license under the Cryptopto rules (matchaar) of the Law before December 30 or leave the market. he started first Cryptows Arabic.
