BitcoinKE·6h ago·mixed

Only 200 of 1,200 Crypto Firms Licensed as EU MiCA Deadline Nears

With the EU's MiCA transition ending July 1, fewer than 200 of 1,200 previously registered crypto firms have obtained authorization, forcing unlicensed companies to exit the bloc.

MiCA's 18-month transition ends July 1, 2026; unlicensed firms cannot legally serve EU clients
Only ~200 out of 1,200 registered crypto businesses have secured MiCA authorization so far
Coinbase, Kraken, Bitstamp are among licensed exchanges; Binance's application in Greece faces rejection
USDT has been removed from several EU-regulated exchanges as it lacks MiCA authorization, benefiting USDC and EURC

regulationImpact 8/10

Why our editor rated this mixed

MiCA brings regulatory clarity and legitimacy to the EU crypto market, but the mass exclusion of firms and delisting of USDT creates short-term disruption and market consolidation.

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