Utorg Obtains MiCA License as July 1 Deadline Forces Much of the Industry Out of Europe
Dubai, UAE, July 1st, 2026, Chainwire
Utorg, a crypto wallet and card platform built on institutional-grade infrastructure, today announced it has received full authorization under the EU’s Markets in Crypto-Assets (MiCA) regulation, effective July 1, 2026 – the date on which the industry’s transitional period ends and unauthorized providers can no longer legally serve European users.
The company, which also provides regulated crypto rails, wallets and stablecoin infrastructure to businesses across 130+ countries, is among a small number of platforms to have completed the full authorization process and is now cleared to operate across all 29 EEA member states, a combined market of over 450 million people.
What MiCA means for users
MiCA is the EU’s first unified regulatory framework for c...
