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Europe's Crypto Firms Face Squeeze as MiCA Transition Period End Looms

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Decrypt Editorial
(07:26 PM UTC)
1 min read
EW
Approved byEmily Watson
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In brief

  • The EU's MiCA transition period ends July 1, closing the window for crypto firms to operate under old national regimes without a bloc-wide license.
  • Just 200 or so firms have secured full MiCA authorization, according to ESMA's register—a small fraction of the pre-MiCA market.
  • Binance is reportedly set to be denied an EU license, while Malta's regulator is weighing how decentralized…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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