[Spanish Regulator CNMV Releases Q&A on MiCA Transition Rules] The Spanish National Securities Market Commission, Comisión Nacional del Mercado de Valores (CNMV), has published a Q&A document outlining plans for the implementation of the European Union's Markets in Crypto-Assets Regulation (MiCA). The document details aspects related to authorization, notification, daily operations, and transitional arrangements for cryptocurrency companies, urging platforms to make a 'comply or exit' decision when MiCA comes into effect. Additionally, the document clarifies the scope of application, interaction with existing national registrations, and the handling of cross-border activities during the transition period.