Current information regarding the licensing process at Altcoins.bg

Over the past several months, we have been regularly updating you on Altcoins.bg's progress toward obtaining a license under the European MiCA regulatory framework.

With July 1, 2026 approaching and the end of Bulgaria's transitional period drawing near, we believe it is important to once again share where the process stands today and what our clients can expect.

Where Do We Stand Today?

As of today, the licensing process remains on track.

We have responded to all questions and requests from the regulator, submitted the required documentation, and established the structures, policies, and procedures necessary to meet the requirements of the European regulatory framework.

We are currently awaiting the final decision from the Financial Supervision Commission (FSC).

Although the time remaining until July 1 is limited, we believe the process will be successfully completed on time and that there will be no need to interrupt or restrict the services we provide to our clients.

Why Are We Sharing This?

Since the creation of Altcoins.bg, we have believed that trust is built through transparency.

That is why we believe it is important for our clients to understand what is happening at every stage of the process, especially when it comes to regulatory developments that may affect the entire industry.

What Happens If We Do Not Receive the License on Time?

Although we do not expect such an outcome, we believe it is only fair to explain what the situation would look like if the final decision is not received in time.

First and foremost, we want to be absolutely clear: no client will lose access to their funds.

If necessary, we will provide sufficient time and the appropriate mechanisms to ensure that every client can comfortably manage, sell, or withdraw their assets.

Over the years, we have consistently followed applicable laws, regulations, and industry best practices. We have built Altcoins.bg as a long-term business backed by real people, a real team, and public figures who take personal responsibility for their actions.

For this reason, there is no cause for concern regarding client funds. Regardless of the outcome of the licensing process, our priority remains the protection of our users and fair treatment of every client.

We believe that such a scenario will not be necessary and expect a positive outcome within the remaining time before July 1.

What Comes Next?

For now, we continue operating normally and developing our services.

We remain confident that the final decision will be received on time and that there will be no need to implement any restrictive measures.

Thank you for your trust throughout all these years.

We will continue to keep you informed of every important step in the process, just as we always have.

The Altcoins.bg Team