Woofun AI reports that Carlos San Basilio, chairman of Spain’s CNMV, confirmed regulatory authorities will grant no extensions or exemptions to crypto firms lacking EU MiCA licenses, including Binance. Companies must secure licensing by late June or withdraw from the EU market. Regulators are coordinating with unauthorized entities to ensure orderly exits, focusing on safeguarding investor assets during transfers. New transactions on unlicensed platforms will lack MiCA protections.