The Financial Supervisory Authority of Norway has launched a consultation on draft regulations to defer the deadline for requiring authorisation under Article 63 of the Markets in Crypto-Assets Regulation for providers of virtual currency exchange and custody services. The proposal would extend the transitional period under section 19, second paragraph of Norway’s Crypto-Assets Act to 30 June 2026, from 30 December 2025. Registered providers would be able to continue offering exchange and custody services until 30 June 2026 or until they are granted or refused authorisation under Article 63. Comments are due by 9 December 2025, with the short deadline justified by the need for rapid clarification so affected firms have certainty about applicable deadlines well before the current transitional period ends.
Norwegian Finanstilsynet 2025-10-31
Financial Supervisory Authority of Norway consults on extending the MiCA authorisation transition period for registered virtual currency exchange and custody providers to 30 June 2026
The Financial Supervisory Authority of Norway is consulting on draft regulations to extend the transitional period for authorisation under Article 63 of the Markets in Crypto-Assets Regulation. The proposal would allow virtual currency exchange and custody service providers to operate until 30 June 2026, pending authorisation. The consultation aims to provide clarity on deadlines before the current period ends.