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Northern Ireland’s new first minister has told Sky News she “absolutely contests” the UK government’s claim that a referendum on Irish unity is decades away.

Sinn Fein‘s Michelle O’Neill, the first nationalist to occupy the office, described her elevation at Stormont as “a historic day, truly representing a new dawn”.

In a document, outlining the basis of the DUP‘s return to power-sharing, the UK government said it saw “no realistic prospect of a border poll”.

Ms O'Neill in the Great Hall at Stormont before being appointed first minister
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Ms O’Neill in the Great Hall at Stormont before being appointed first minister Pic: PA

But Ms O’Neill said: “I would absolutely contest what the British government have said in that document, in so far as my election to the post of first minister demonstrates the change that’s happening on this island.

“That’s a good thing. It’s a healthy thing because this change I think can benefit us all.

“I believe that we’re in the decade of opportunity and I believe, also equally, that we can do two things at once.

“We can have power-sharing, we can make it stable, we can work together every day in terms of public services, and whilst we also pursue our equally legitimate aspirations.

More on Michelle O’neill

“There are so many things that are changing. All the old norms, the nature of this state, the fact that a nationalist republican was never supposed to be first minister. That all speaks to the change,” she added.

Ms O’Neill grew up in the “murder triangle” in County Tyrone. Her father was an IRA prisoner and her cousin was shot dead by the SAS.

But having pledged to be a “first minister for all”, she broke with republican tradition by using the term “Northern Ireland” in her acceptance speech.

Read more:
Opinion – is a united Ireland within ‘touching distance’?

Why Northern Ireland’s new first minister is hugely symbolic
The impact of years without a government in Northern Ireland

“I’m somebody who wants to be a unifier. I’m somebody that wants to bring people together.

“We’ve had a difficult past, a turbulent past. A lot of harm was caused in the past and I think it’s so, so important that here in 2024, and we’ve just celebrated the anniversary of the Good Friday Agreement last year, that we very much look towards the future.

“I hope I can represent the future. I believe I can represent the future, as somebody who wants to work with all communities.

“I obviously am a republican, a proud republican, but I think it’s really, really important that I can look towards those people who identify as Irish republicans, but also those of a British identity and unionist identity and tell them that I respect their values, I respect their culture.”

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Michelle O’Neill sworn in as NI First Minister

Asked if her pledge meant she would consider attending a Protestant Orange Order march, she said: “I will consider every invitation that comes my way.

“I’m hoping that I get invitations. I want to step into ground that republicanism hasn’t stepped into before,” she added.

Education Secretary Gillian Keegan told Sunday Morning With Trevor Phillips she “definitely won’t speculate” on an Irish unification referendum taking place.

She added that it was “fantastic” to see Stormont “back up and running”.

Labour shadow culture minister Sir Chris Bryant said a vote on unity “may come at some point” – adding that he had congratulated Northern Ireland Secretary Chris Heaton-Harris for his work on restoring power-sharing.

Watch the full interview with Michelle O’Neill on Sunday Morning With Trevor Phillips on Sky News from 8.30am.

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Italy sets hard MiCA deadline for crypto platforms to comply

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Italy sets hard MiCA deadline for crypto platforms to comply

Italy’s securities regulator set a firm timetable for applying the European Union’s Markets in Crypto-Assets Regulation (MiCA) in the country, warning that unlicensed crypto platforms face a deadline to either seek authorization or leave the market.

The move directly affects virtual asset service providers (VASPs) currently operating under Italy’s regime and the retail investors who use them.​

In a news release published Thursday, Italy’s Commissione Nazionale per le Società e la Borsa (CONSOB) reminded the market that Dec. 30 is the last day VASPs registered with the Organismo Agenti e Mediatori (OAM) can operate under the existing national framework.

Italy, European Union, MiCA
Italy sets hard stop for MiCA authorization. Source: CONSOB

After that date, only entities authorized as crypto asset service providers (CASPs) under MiCA, including firms passporting into Italy from another EU member state, will be allowed to offer crypto‑asset services in the country.​

CONSOB notes that, under Italy’s MiCA‑implementing legislation, VASPs that submit an application to be authorized as CASPs in Italy or another European Union member state by Dec. 30 may continue operating while their applications are assessed, but no later than June 30, 2026.

This transitional operating period is available only to operators who file by the deadline and ends once authorization is granted or refused, or when the June 30, 2026, limit is reached.​

Related: ECB president calls to address risks from non-EU stablecoins

Obligations for firms that do not apply

For VASPs that decide not to seek authorization under MiCA, CONSOB outlined specific obligations. These operators must cease their activities in Italy by Dec. 30, terminate existing contracts, and return clients’ crypto‑assets and funds in accordance with customers’ instructions.

CONSOB also said that VASPs registered in the OAM list must publish adequate information on their websites and inform clients directly about the measures they intend to adopt, either to comply with MiCA or to ensure an orderly closure of existing relationships.

This framework stems from Italy’s legislative decree implementing MiCA, which introduced a transitional regime for existing VASPs and set the conditions under which they can continue operating while moving to the new CASP authorization system. The decree makes use of the flexibility allowed by MiCA’s transitional provisions to set national deadlines, including the June 30, 2026 date referred to in CONSOB’s communication.​

Warnings to retail investors

CONSOB’s news release includes a separate section titled “warnings for investors.”

The regulator points out that VASPs currently operating in Italy may no longer be authorized to do so after Dec. 30, and stresses that investors should check whether they have received the necessary information from their provider on its plans to comply with MiCA.

If not, CONSOB advises investors to ask the operator for clarification or request the return of their funds.

EU‑level context under MiCA

CONSOB’s communication sits within the wider EU framework for MiCA’s application and transitional measures. On the same day, the European Securities and Markets Authority (ESMA) published a statement on the end of MiCA transitional periods, highlighting that member states can provide temporary continuation of existing licenses for existing providers, but these periods are limited and will expire.

Related: EU plan would boost ESMA powers over crypto and capital markets

The ESMA’s statement explains that firms operating under national transitional regimes are not automatically MiCA‑authorized and emphasizes the need for “orderly wind-down plans” where providers do not obtain authorization before transitional periods end.​

Italy’s hard stop for applications and continued operation shows how member states are using the discretion MiCA gives them over transitional regimes. The Italian transitional period now has defined end‑points, and continued activity in the market will require MiCA‑compliant authorization.

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