European financial regulators that fraudsters are exploiting confusion surrounding the Markets in Crypto-Assets regulation, or , to impersonate licensed exchanges and government officials. The scams are targeting customers of crypto platforms that failed to get authorization before the EU’s transitional period ended on July 1. The company its MiCA application in Greece and remains in discussions with other EU regulators about submitting a new application. EU Investors Urged to Verify the Exact Legal EntityESMA has advised investors to check its official MiCA register before transferring assets or opening an account with a new provider. A crypto group may operate several entities under the same branding, but MiCA protections apply only when an EU customer is served by the specifically authorized European entity.