NAGA Wins EU Crypto License Days Before MiCA Deadline
NAGA Group's European entity, NAGA X Ltd, received authorization under the EU's Markets in Crypto-Assets Regulation (MiCA) from Cyprus's CySEC, clearing it to offer regulated digital-asset services across the bloc. The approval landed just ahead of the July 1 cutoff requiring crypto firms to hold a full license.
NAGA Group's European entity, NAGA X Ltd, received authorization under the EU's Markets in Crypto-Assets Regulation (MiCA) from Cyprus's CySEC, clearing it to offer regulated digital-asset services across the bloc. The approval landed just ahead of the July 1 cutoff requiring crypto firms to hold a full license.
Source: NAGA