As MiCA License Deadline Looms, Most EU Crypto Firms Haven’t Complied
A major shift is about to reshape Europe’s crypto sector as the transition period under the Markets in Crypto-Assets (MiCA) regulation ends on July 1. The deadline marks the conclusion of an 18-month grace period that allowed firms previously operating under national registration systems to obtain authorization under the EU’s new regulatory framework. Out of more than 1,200 crypto businesses that previously operated under national Virtual Asset Service Provider (VASP) registrations, only about 210 have successfully obtained authorization as Crypto-Asset Service Providers (CASPs) under MiCA. According to guidance issued by the European Securities and Markets Authority (ESMA), companies with pending…





