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via BeInCrypto · By BeInCrypto Editorial

Only 7% of Europe’s Crypto Providers Hold MiCA Licences Before July Deadline

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BeInCrypto Editorial
(04:04 PM UTC)
1 min read
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Approved bySarah Chen

Europe’s crypto sector is entering its sharpest contraction in years. About 210 firms hold a Markets in Crypto-Assets (MiCA) licence ahead of the July 1 MiCA deadline.

That number compares with nearly 2,747 Virtual Asset Service Provider (VASP) registrations counted across the European Union in 2024. The new licensed group represents roughly 7% to 8% of the previous registered universe, according…

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