[Spain Confirms No Extension of MiCA Transition Period, Unlicensed Crypto Platforms Must Exit Starting July] According to a report by Golden Finance, on June 28, the Spanish Securities Market Commission (CNMV) explicitly stated that the EU MiCA regulatory transition period will not be extended. Crypto platforms without a CASP license must cease related operations after July 1, 2026. Regulations require these platforms to only conduct asset transfers and account closures, while ensuring proper handling of customer fund migrations. CNMV emphasized that it will strictly enforce this rule and remain aligned with the EU regulatory framework. Once the new regulations take effect, only licensed institutions will be allowed to provide trading, custody, and other crypto services within the EU, which is expected to accelerate industry compliance and market consolidation.