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EU MiCA new regulations fully in effect, 244 crypto asset service providers have completed registration.

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ME News message, July 2 (UTC+8), Europe's years-long cryptocurrency industry regulation work reached a key milestone on Wednesday as the final transitional period of the Markets in Crypto-Assets Regulation (MiCA) officially ended, marking the full implementation of one of the most comprehensive crypto-asset regulatory frameworks globally. Currently, market attention is shifting to how the end of MiCA's final transitional period will affect users, crypto enterprises, and the entire market. For top-tier institutions, the answer is relatively clear. Crypto trading platforms that have obtained MiCA licenses can operate across the entire EU under a unified regulatory framework; companies without licenses must gradually exit the EU market or limit services to EU customers. However, based on cryptocurrency trading volume data, MiCA's actual impact on most users may be relatively limited. On the other hand, according to the MiCA temporary registration list published by the European Securities and Markets Authority (ESMA), as of last week, 244 authorized Crypto Asset Service Providers (CASPs) have completed registration. Trezor Chief Commercial Officer (CCO) Danny Sanders stated that before MiCA's implementation, "there were over 3,000 crypto asset service providers operating under various European national regulatory systems." (Source: BlockBeats)
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