The Bulgaria Financial Supervision Commission said the transitional period under the Markets in Crypto-Assets Regulation ended on July 1, 2026 for entities previously registered with the commission, ending their ability to provide crypto-asset services without a license. From that date, only licensed crypto-asset service providers are allowed to offer such services in the European Union. Customers are being directed to use only providers that are either licensed by the Bulgaria Financial Supervision Commission, licensed in another European Union member state and notified to the commission for operation in Bulgaria, or listed in the European Securities and Markets Authority register. The commission said it has licensed two crypto-asset service providers to date. Clients of unlicensed providers are being told to terminate those relationships. Unlicensed firms must prepare a wind-down plan and help clients either transfer crypto-assets to a licensed provider, move them to a personal wallet or close positions, and they may not offer new services beyond transactions needed to complete the exit. If problems arise during termination, clients may report them to the commission.

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