The EU's MiCA full deadline on July 1 could displace over 10 million users as unlicensed exchanges halt services. Up to 80% of Europe's 3,000 pre-MiCA crypto firms may not continue, SwissBorg and OKX executives say.
Regulatory clarity is positive long-term, but mass displacement of users and potential firm closures creates short-term disruption and risk for consumers.
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