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

BeInCrypto Editorial

(04:04 PM UTC)

1 min read

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…

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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