The crypto law is now a reality: What happened in the first days after MiCA?

On June 20, 2025, the Bulgarian Parliament passed the country's first-ever law officially regulating crypto assets. This move places Bulgaria alongside other EU countries that are already implementing the requirements of MiCA – the European regulation for crypto markets.

What does this mean?

In short, all companies offering services related to cryptocurrencies – exchanges, wallets, trading platforms – will need to obtain a license, meet requirements for capital, security, and AML policies, and will be under the supervision of the Financial Supervision Commission (FSC).

The law also introduces rules for public token offerings, transparency, consumer protection, and clear definitions of different types of crypto assets.

What should we expect?

Only a few days after the law's adoption, it's too early to expect visible results. Licensing procedures are still being structured, and the market will need time to adapt.

No one receives automatic “access rights” to banks or new services – neither businesses nor end users. The new framework is an opportunity, but it does not replace trust, experience, and real partnerships.

The new regulation is undoubtedly important. But the truth is that there can’t be a real market effect in just a few days – no licensed companies, no approved procedures, and no automatic access to banking services.

What most participants will now be required to do, is already a reality for Altcoins.bg clients.

- We work in partnership with Postbank – the first bank in the country to trust a crypto platform;

- Our users have access to a special banking package from Postbank, giving them access to top-tier financial services and products;

- Our users benefit from instant bank transfers thanks to our partnership with Iris Pay

What else?

For the end user, this regulation means security, stability, verifiable providers, stronger fund protection, and the elimination of disloyal traders and companies. Yes, there may be a bit more bureaucracy in some areas, but we’ve been working under these standards for over a year now, so it won’t be new for our regular users. At Altcoins.bg, we’ve been preparing for these requirements well in advance, implementing best practices in the sector, and no major changes will be needed on our side.

Instead of waiting for the regulation to “open doors,” we opened the door for our clients even before it – through a sustainable model and collaboration with leading institutions.

What’s next?

The regulation will organize the market, but it won’t happen overnight.
It’s a good sign, but not the end – it’s the beginning of something much bigger.

At Altcoins.bg, we’ll continue to be on the front line with solutions that work here and now.
While others are still waiting for the “door to open,” we’re already inside.

Want to be part of the real crypto world, not just the stories?

You already know where to find us!