What is the compliance deadline for PSD3 and MiCA regulations for crypto firms?

The critical compliance deadline for firms subject to both PSD3 and MiCA regulations is March 2026. While this might seem distant, in regulatory terms it's approaching rapidly, requiring immediate preparation. This deadline is particularly crucial for Crypto-Asset Service Providers (CASPs) dealing with electronic money tokens, as they face potential dual authorization requirements under both regulatory frameworks. The European Banking Authority's June 2025 opinion highlighted the complex interplay between these regulations, creating what experts describe as a 'double-whammy' scenario. Firms must begin stress-testing governance structures, reviewing capital buffers, and examining safeguarding arrangements now to avoid reactive, stressful, and costly fixes later. The transitional relief periods will expire, and supervisory scrutiny will intensify as this deadline approaches, making proactive compliance essential for any payment institutions, electronic money institutions, or crypto services operating in or connected to the EU market.

📖 Read the full article: PSD3 and Crypto: New EU Rules You Need to Know