Only 210 of 1,200 Crypto Firms Licensed as EU MiCA Deadline Reshapes Market

Only about 210 out of 1,200+ previously registered crypto firms have obtained MiCA licenses as the July 1 deadline approaches. Coinbase, Kraken, and Bitvavo secured licenses while Binance faces exclusion from the EU's 27-state market.

• About 210 firms have obtained MiCA authorization out of more than 1,200 previously registered crypto businesses across Europe
• Licensed firms get a passport to operate across all 27 EU member states, accessing 400 million consumers
• Coinbase, Kraken, and Bitvavo secured licenses after aligning with MiCA governance, AML, and custody standards
• Binance has not secured a MiCA license after regulatory disputes across multiple European jurisdictions
• The consolidation favors well-capitalized, compliant players as banks and asset managers enter the regulated market

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