Only 17% of EU Crypto Firms Secure MiCA Authorization Amid Regulatory Shift
Over 1,200 crypto companies registered in the EU failed to obtain authorization under the Markets in Crypto-Assets (MiCA) regulation, with only around 210 firms securing approval. The transition from national registration systems to a unified regulatory framework has led to consolidation and stricter compliance requirements across Europe's crypto market.
Topics: compliance crypto industry consolidation EU crypto regulations MiCA