MiCA deadline fallout triggers scammers posing as EU regulators to target crypto firms, amplifying MiCA regulation scams and crypto compliance deadline risks.

According to @StockMKTNewz, citing Reuters, EU regulators approved Meta Platforms' pledge to use less personal data for ads, allowing $META to avoid daily fines in Europe (Reuters via @StockMKTNewz). Reuters, as relayed by @StockMKTNewz, reports that this approval removes the immediate penalty risk tied to Meta's ad-targeting practices in the EU, which is material for $META's advertising operations (Reuters via @StockMKTNewz). The Reuters report cited by @StockMKTNewz did not mention any direct impact on cryptocurrency markets (Reuters via @StockMKTNewz).