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 [email protected] 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.

You May Also Like

BlackRock boosts AI and US equity exposure in $185 billion models

BlackRock boosts AI and US equity exposure in $185 billion models

The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
Western Union Eyes Stablecoin Card for Inflation Zones

Western Union Eyes Stablecoin Card for Inflation Zones

The post Western Union Eyes Stablecoin Card for Inflation Zones appeared on BitcoinEthereumNews.com. Western Union is building a stablecoin-backed prepaid card targeting countries with high inflation rates. Summary Western Union is creating a stablecoin-backed prepaid card for inflation-heavy economies. The USDPT token on Solana launches in 2026, integrating with the firm’s remittance network. Partnership with Rain enables Visa stablecoin cards and crypto-to-cash conversions. The money transfer giant plans to offer the product in markets where local currency depreciation erodes purchasing power, CFO Matthew Cagwin told the UBS Global Technology and AI conference. Cagwin pointed to Argentina as a prime use case, where inflation exceeded 200% last year. The dollar-denominated card would help preserve value for remittance recipients in economies facing rapid currency devaluation. Rain partnership brings Visa stablecoin cards Western Union has partnered with Rain to issue Visa cards linked to stablecoins. The collaboration allows users to convert digital assets stored in wallets connected to Rain’s platform into local cash at Western Union branches. The company is building on-ramps and off-ramps within its digital asset network to reduce banking system dependence and accelerate fund settlement. “We’re working with several providers to build this infrastructure,” Cagwin stated. Western Union plans to launch the US Dollar Payment Token (USDPT) in 2026, a stablecoin issued by Anchorage Digital on the Solana network. The token will integrate with the company’s broader digital asset strategy. The prepaid card will function as a bridge between stablecoins and everyday spending in high-inflation economies. Users receive remittances loaded onto cards denominated in dollars. The cards can be spent at merchants or withdrawn as cash at Western Union locations. Company reverses decade-long crypto skepticism Western Union maintained a dismissive stance toward cryptocurrencies for years. In 2017, Chief Technology Officer David Thompson questioned Bitcoin’s viability as currency, comparing crypto to commodities rather than functional money. The company argued that digital assets lacked governance,…
Share
BitcoinEthereumNews2025/12/07 02:47