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Wire · regulatory

Crypto Scammers Take Advantage of New EU Regulations

6 August 2026 · By · Wire by Fusion42

Published

6 August 2026

Topic

regulatory

◆ Sectors

Crypto & Web3

◆ Geography

Europe

◆ Source

Read at pymnts.com →

◆ Verified

Fusion42 · 6 August 2026 · Fusion42 review

New EU regulations requiring crypto firms to obtain licenses under the Markets in Crypto-Assets (MiCA) framework have led to a wave of unlicensed companies shutting down or moving operations, creating a surge in scams where fraudsters impersonate crypto firms and regulators to steal from consumers.

This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 7 sources have reported it between 6 Aug 2026 and 17 Aug 2026.

◆ ◆ The Wire takeaway

Your crypto company now faces a new compliance barrier as unlicensed competitors exit or shift, but your customers are vulnerable to scammers using regulatory confusion. Act fast to reassure your users and highlight your licence as a trust signal.

◆ Coverage

7 sources · first reported 6 Aug 2026 · latest 17 Aug 2026

◆ Topics

Crypto & Web3crypto-scamseu-regulationsmicalicensingfraudmarket-access