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HAS ISSUED 244 MiCA LICENSES TO CRYPTO BUSINESS.
Current situation:
👉 As of 29/06, the European Union has issued 244 MiCA licenses to crypto service providers.
👉 Germany leads with 57 licenses, followed by France with 26.
👉 Some countries such as Greece, Hungary, Poland, Portugal, and Romania have still not issued any licenses.
👉 Current bias: Positive toward the process of legalizing the crypto market in Europe.
Market implications:
👉 MiCA is gradually becoming a unified legal framework for the crypto market in the EU.
👉 From 01/07, businesses that do not have MiCA licenses will not be allowed to continue providing related services in the EU.
Next plan:
👉 Monitor the wave of license applications from exchanges and crypto businesses.
👉 Observe how MiCA affects competition among EU countries.
⚠️ Risk management:
👉 Companies that do not meet licensing requirements may have to stop operating in the EU market.
👉 The transition period could create volatility for some crypto businesses.