Wire · regulatory
Crypto Scammers Take Advantage of New EU Regulations
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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 5 sources have reported it between 6 Aug 2026 and 16 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.
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5 sources · first reported 6 Aug 2026 · latest 16 Aug 2026
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