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The EU's Markets in Crypto-Assets Regulation (MiCA) will officially come into effect today.

金色财经_
Jinse Finance reports that on July 1, the EU's crypto asset regulatory framework MiCA will officially take effect. The European Securities and Markets Authority (ESMA) requires crypto service providers without a MiCA license to cease or restrict their services within the EU and assist users in transferring assets or self-custody. It is reported that in 2024, there were over 3,000 registered cryptocurrency companies in Europe, but now only 244 hold MiCA licenses, meaning the remaining companies must stop operations by July 1.
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