Italy's financial watchdog just dropped a critical reminder: the clock's ticking on MiCAR compliance. December 30, 2025 marks the hard deadline for virtual asset operators to secure their CASP authorization. Miss that date? You're out. No exceptions.

Consob isn't playing around this time. Any VASP still operating without proper crypto-asset service provider credentials after year-end will be forced to shut down operations immediately. The transition window is closing fast—firms have roughly eight months left to get their paperwork sorted.

This isn't just Italian drama. It's part of Europe's broader push to bring digital asset businesses under stricter oversight. The message is crystal clear: adapt or exit.