meta_id 3280705

On June 29, 2026, the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) published an advisory note addressing money laundering and terrorist financing risks associated with the end of the Markets in Crypto-Assets Regulation (MiCAR) transitional period on July 1, 2026. The advisory note examines the compliance landscape as crypto-asset service providers transition from the transitional arrangements under MiCAR to full regulatory requirements. MiCAR, which entered into force in December 2023, established a comprehensive regulatory framework for crypto-assets and related service providers across the European Union. The transitional period, which permitted certain activities to continue under less stringent conditions, concludes on July 1, 2026, requiring all market participants to achieve full compliance with MiCAR's substantive provisions. AMLA's advisory note identifies key money laundering and terrorist financing vulnerabilities that may emerge during this transition, including potential gaps in compliance as service providers implement new operational and governance structures. The note provides guidance to competent authorities and market participants on managing these risks effectively during the transition period. The advisory note is intended to support member states' financial intelligence units and supervisory authorities in monitoring compliance and detecting suspicious activities. It also serves to alert crypto-asset service providers to their enhanced obligations under the full MiCAR regime, which include strengthened customer due diligence, transaction monitoring, and reporting requirements. Market participants should review the advisory note to ensure their compliance frameworks align with MiCAR's full requirements ahead of the July 1, 2026 deadline.