Mike Belshe: Firms must stop serving EU clients without authorization after July 1

Mike Belshe: Firms must stop serving EU clients without authorization after July 1
EU crypto deadline set for July 1

Mike Belshe highlights that after July 1, firms lacking proper authorization will no longer be able to serve EU clients. He stresses that users should not be left scrambling due to platforms still awaiting regulatory approval.

Belshe also points out that BitGo Europe is already MiCA-licensed through BaFin, bringing regulated custody, transfer, staking, and trading services to the market.

Belshe previously noted that MiCA rules tie stablecoin reserves to the stability of their banking partners, connecting crypto reserves directly to the traditional financial system (read more). He has also described Bitcoin as a hard money alternative, emphasizing the asset’s fixed supply in contrast to traditional currencies (full article). These statements frame his ongoing commentary on regulatory developments and digital asset market structure.

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