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Spain's national securities regulator, the CNMV, has mandated that all crypto-asset service providers must fully comply with the EU's MiCA framework by December 30, 2025, shortening the standard transitional period. This move pressures firms to expedite authorization or cease operations in the country.
Circle announced its acquisition of Interop Labs, the core developer team behind the Axelar network. The deal excludes the AXL token, leading to a sharp 13% price drop as tokenholders realize no direct benefit from the transaction.
