July 1 Countdown: 83% of European Crypto Firms Could Be Out


The EU MiCA transition period ends on July 1. By then, crypto firms without a CASP license will not be allowed to operate in the EU.
Currently, only 210 companies have obtained licenses, and 83% of related firms face elimination.
Even top players like Ripple are still applying for licenses.
What does this mean? The European crypto market will undergo a major "reshuffling." Small and medium platforms will be forced out, and compliance costs will become the true moat. Liquidity may concentrate among a few licensed large platforms.
For retail investors: If the exchange you use operates in the EU but lacks a CASP license, it won't be able to serve you after July 1. Check it out.
#MiCA #欧盟 #加密监管 #Compliance
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