CryptoWorld News: The transition period for the European Union's "Regulation on Markets in Crypto-Assets" (MiCA) will end on July 1st. Cryptocurrency exchanges, brokers, and wallet service providers that do not obtain a MiCA license will no longer be able to operate for EU users. Data shows that by May 2026, only 194 crypto companies in the EU will have obtained licenses, while over 3,000 crypto companies registered and operated in 2024. About 75% of existing companies are expected to lose their operational eligibility. Platforms without licenses must stop new deposits, guide users to withdraw assets or transfer to licensed institutions. Some national regulators will also take measures such as website blocking and public warning lists.

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NeonVortexTunnel
· 5h ago
Once the MiCA regulation is implemented, 75% of small and medium-sized exchanges will have to shut down, and EU users will have few platforms left to choose from in the future.
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GateUser-78acf617
· 5h ago
The July 1st deadline has arrived. Platforms without licenses should hurry and withdraw their funds. Don't wait until the website gets shut down to realize.
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