TLDR Socios.com becomes the first SportFi firm with EU-wide MiCA authorization MiCA approval lets Socios.com offer regulated crypto services in Europe Chiliz’s CHZ token aligns with MiCA in new white paper and EU filings Socios.com to fully transition to MiCA-compliant operations by Oct 2025 MiCA license boosts Socios.com’s reach to 400M+ EU fans in crypto [...] The post Socios.com Secures MiCA Authorization, Pioneering Regulated SportFi in Europe appeared first on CoinCentral.TLDR Socios.com becomes the first SportFi firm with EU-wide MiCA authorization MiCA approval lets Socios.com offer regulated crypto services in Europe Chiliz’s CHZ token aligns with MiCA in new white paper and EU filings Socios.com to fully transition to MiCA-compliant operations by Oct 2025 MiCA license boosts Socios.com’s reach to 400M+ EU fans in crypto [...] The post Socios.com Secures MiCA Authorization, Pioneering Regulated SportFi in Europe appeared first on CoinCentral.

Socios.com Secures MiCA Authorization, Pioneering Regulated SportFi in Europe

2025/09/11 21:58

TLDR

  • Socios.com becomes the first SportFi firm with EU-wide MiCA authorization
  • MiCA approval lets Socios.com offer regulated crypto services in Europe
  • Chiliz’s CHZ token aligns with MiCA in new white paper and EU filings
  • Socios.com to fully transition to MiCA-compliant operations by Oct 2025
  • MiCA license boosts Socios.com’s reach to 400M+ EU fans in crypto space

Socios Europe Services Limited has secured MiCA authorization from the Malta Financial Services Authority (MFSA), setting a regulatory benchmark. This development establishes Socios.com as the first SportFi platform with MiCA authorization in the European Union. It marks a strategic expansion of The Chiliz Group into regulated crypto-asset services for the sports and entertainment sector.

Socios.com Gains First MiCA Authorization in SportFi Sector

Socios Europe Services Limited received MiCA authorization from the MFSA, becoming the first sports-based platform to meet EU-wide standards. The approval enables the company to operate legally across Europe under the Markets in Crypto-Assets (MiCA) framework, allowing the firm to offer regulated crypto-asset services to a broad European audience.

The license covers key activities such as the custody, administration, exchange, and transfer of crypto-assets on behalf of clients. MiCA authorization also enables the placement of crypto-assets through Socios.com, reinforcing user trust. In contrast, non-financial fan engagement features remain outside the scope of MiCA regulations.

The MiCA authorization represents a critical regulatory upgrade that strengthens Socios.com’s position in the expanding SportFi sector. It allows over 400 million fans in the EU to access secure crypto services through a compliant infrastructure. The transition signals a shift toward a more transparent and structured digital sports economy.

CHZ Token White Paper Aligns with MiCA Regulation

The Chiliz Group has released a MiCA-compliant white paper for its CHZ token to meet Title II requirements of the regulation. This white paper supports transparency and provides regulatory clarity for users and partners engaging with the CHZ token. The MiCA authorization complements this release by enhancing the legal standing of Chiliz offerings across the EU.

Work has begun to register white papers for individual Fan Tokens with ESMA via notification to the MFSA. These filings are designed to ensure compliance for every token offered under the MiCA framework. These measures support a more secure and legally sound environment for users.

With MiCA authorization in place, the group reinforces its commitment to responsible innovation in tokenized sports engagement. The white paper process marks another step in building a compliant SportFi ecosystem. It also helps democratize token access for fans throughout the continent.

Socios.com Platform to Transition by October 2025

Socios Europe Services Limited will assume operational control of the Socios.com platform starting 1 October 2025. This transition ensures that all crypto-asset services comply fully with MiCA authorization standards. Updated legal documents and a new complaints procedure will be published via a dedicated Legal Hub.

The migration aligns platform operations with the regulatory structure defined by MiCA. This shift ensures clear separation between financial services and engagement tools. Users will benefit from increased protection and improved clarity around platform terms and wallet use.

The Chiliz Group integrates its services into a regulated framework. The move positions Socios.com as a model for responsible growth in the SportFi space. MiCA authorization thus serves as both a legal requirement and a growth enabler.

 

The post Socios.com Secures MiCA Authorization, Pioneering Regulated SportFi in Europe appeared first on CoinCentral.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Let insiders trade – Blockworks

Let insiders trade – Blockworks

The post Let insiders trade – Blockworks appeared on BitcoinEthereumNews.com. This is a segment from The Breakdown newsletter. To read more editions, subscribe ​​“The most valuable commodity I know of is information.” — Gordon Gekko, Wall Street Ten months ago, FBI agents raided Shayne Coplan’s Manhattan apartment, ostensibly in search of evidence that the prediction market he founded, Polymarket, had illegally allowed US residents to place bets on the US election. Two weeks ago, the CFTC gave Polymarket the green light to allow those very same US residents to place bets on whatever they like. This is quite the turn of events — and it’s not just about elections or politics. With its US government seal of approval in hand, Polymarket is reportedly raising capital at a valuation of $9 billion — a reflection of the growing belief that prediction markets will be used for much more than betting on elections once every four years. Instead, proponents say prediction markets can provide a real service to the world by providing it with better information about nearly everything. I think they might, too — but only if insiders are free to participate. Yesterday, for example, Polymarket announced new betting markets on company earnings reports, with a promise that it would improve the information that investors have to work with.  Instead of waiting three months to find out how a company is faring, investors could simply watch the odds on Polymarket.  If the probability of an earnings beat is rising, for example, investors would know at a glance that things are going well. But that will only happen if enough of the people betting actually know how things are going. Relying on the wisdom of crowds to magically discern how a business is doing won’t add much incremental knowledge to the world; everyone’s guesses are unlikely to average out to the truth. If…
Share
2025/09/18 05:16
Gold’s Biggest Sell-Off Ever Could Fuel Bitcoin’s Next Bull Run to $200K

Gold’s Biggest Sell-Off Ever Could Fuel Bitcoin’s Next Bull Run to $200K

The post Gold’s Biggest Sell-Off Ever Could Fuel Bitcoin’s Next Bull Run to $200K appeared on BitcoinEthereumNews.com. How the gold rush ended in October 2025 After a significant rally that pushed gold prices above $4,300 per ounce, the metal reached a historic milestone driven by strong safe-haven demand. By October 2025, the market began experiencing profit-taking. Gold prices fell by more than 2% on Oct. 17, 2025, immediately after reaching the milestone. At the time of writing, spot gold was trading at around $4,023 per ounce: an 8.1% decline from the all-time high of $4,378.69. The primary trigger for the decline was easing US-China trade tensions after President Donald Trump said that maintaining full-scale tariffs on China would be unsustainable. In addition, a stronger US dollar and renewed investor interest in higher-yield assets like Bitcoin (BTC) contributed to the pullback. Did you know? The term “digital gold” gained popularity as Bitcoin’s scarcity and independence began to mirror gold’s role as a hedge against inflation. Gold’s history: Crashes and peaks Gold’s history is marked by dramatic surges and steep declines, driven by inflation, interest rates and geopolitical events. From its early-1980s peak to the sharp correction after 2013 and its strong rally in the 2020s before the October 2025 downturn, the gold market has witnessed several ups and downs. 1980-1999 drop: Following a rapid price surge driven by high inflation and geopolitical tensions, gold peaked in January 1980 at around $850 per ounce. The rally ended with the “Volcker Shock,” when Federal Reserve Chair Paul Volcker aggressively raised interest rates. Between 1980 and 1982, the Fed pushed the federal funds rate above 20% to curb inflation, triggering a sharp recession. This led to a major sell-off, with gold prices falling by more than 60% by 1982 and entering a long-term bear market. From around $850 per ounce in 1980, the gold price declined to about $278 per ounce…
Share
2025/10/28 02:54