{"id":76482,"date":"2026-08-07T03:55:08","date_gmt":"2026-08-07T03:55:08","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/eu-mica-shake-up-lets-crypto-scammers-target-users\/"},"modified":"2026-08-07T03:55:08","modified_gmt":"2026-08-07T03:55:08","slug":"eu-mica-shake-up-lets-crypto-scammers-target-users","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/eu-mica-shake-up-lets-crypto-scammers-target-users\/","title":{"rendered":"EU MiCA Shake-up Lets Crypto Scammers Target Users"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Scammers targeted crypto users after ESMA\u2019s July 1 MiCA deadline by spoofing regulators and exchanges.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Over 1,700 unlicensed platforms face shutdowns while Coinbase and 322 others secured MiCA licenses.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">France\u2019s AMF is avoiding tight deadlines to give users time to pick 1 of 323 licensed exchanges.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Hundreds of Firms Forced to Close<\/h2>\n<p>European regulators say criminals are taking advantage of the disruption caused by the EU\u2019s new crypto rules, impersonating exchanges and watchdogs to steal customer funds. Officials across several member states report a rise in fraud attempts since July 1, the cutoff for crypto companies to obtain licences under the bloc\u2019s Markets in Crypto\u2011Assets Regulation (MiCA).<\/p>\n<p>According to the Financial Times, firms that failed to secure approval must now halt operations and instruct customers to move their assets, creating an opening for scammers posing as legitimate authorities.<\/p>\n<p>\u201cThis moment is an opportunity for scammers more than usual,\u201d said St\u00e9phane Pontoizeau, an executive director at France\u2019s Autorit\u00e9 des March\u00e9s Financiers (AMF). He said the regulator has already seen cases where criminals pretend to be AMF staff or licensed exchanges and direct customers to transfer assets to fraudulent websites.<\/p>\n<p>Hundreds of companies previously operating under national rules have been forced to wind down or exit the EU. The European Securities and Markets Authority (ESMA) lists <a href=\"https:\/\/news.bitcoin.com\/eu-230-mica-licenses-germany-spain-july-1-deadline\/\">323 firms that have obtained MiCA licences<\/a>, while data provider VASPnet estimates more than 1,700 unlicensed companies must shut down.<\/p>\n<p>Major exchanges including Coinbase, Kraken and OKX have secured approval <a href=\"https:\/\/news.bitcoin.com\/binance-suspending-crypto-services-in-eu-markets-after-failing-to-secure-mica-approval\/\">while Binance, the world\u2019s largest crypto trading platform, has not<\/a>.<\/p>\n<p>ESMA said it is aware of attempts to misuse its logo and identity, including falsified documents, to promote scams.<\/p>\n<p>The Netherlands\u2019 Autoriteit Financi\u00eble Markten said scammers may target customers who are searching for new licensed providers. The regulator urged traders to verify information through official channels and avoid transferring funds when contacted by unknown third parties.<\/p>\n<p>Tom Keatinge, founding director of the Centre for Finance and Security at the Royal United Services Institute, said regulatory uncertainty often creates \u201ca prime opportunity for fraudsters,\u201d especially as customers face the disruption of wallet providers shutting down.<\/p>\n<p>Some EU countries have reportedly received a wave of last\u2011minute licence applications, raising questions about how aggressively national regulators can pursue scams and unlicensed operators.<\/p>\n<p>To reduce panic, the AMF has avoided imposing a strict wind\u2011down deadline on unlicensed firms. Pontoizeau said the regulator wants customers to take time to choose a new provider carefully, rather than rushing into decisions that could expose them to fraud.<\/p>\n<p>The AMF said it will alert law enforcement when it identifies criminals impersonating regulators or licensed companies. Dutch authorities similarly warned traders to be cautious and rely on publicly available information when in doubt.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/crypto-news\/eu-mica-shake-up-lets-crypto-scammers-target-users\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Scammers targeted crypto users after ESMA\u2019s July 1 MiCA deadline by spoofing regulators and exchanges. Over 1,700 unlicensed platforms face shutdowns while Coinbase and 322 others secured MiCA licenses. France\u2019s AMF is avoiding tight deadlines to give users time to pick 1 of 323 licensed exchanges. [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":76483,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76482"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=76482"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76482\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/76483"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=76482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=76482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=76482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}