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BossLady

06/16 12:38

MiCA Regulation Reshapes the European Crypto Marke

#World Cup Predictions: 100,000 USDT Daily #BTC Prophet: 20-Day 380 Million HTX Challenge #HTXCommunity4thAnniversary MiCA Regulation Reshapes the European Crypto Market: July 1 DeadlineEurope’s cryptocurrency regulatory body, MiCA, is putting many crypto companies in a difficult position as its temporary permit expires on July 1, 2026. MiCA mandates that all crypto exchanges, brokers, and wallet services wishing to operate in Europe must possess an official license. However, as of May 2026, only 194 crypto companies across Europe have obtained licenses. This means that approximately 75% of the more than 3,000 registered crypto companies in 2024 may be forced to cease operations. The Effects of MiCA and the Pressure on Users The regulation introduced by MiCA directly affects which platforms users can use. Exchanges operating through a licensed European branch or holding a MiCA license will be able to continue serving their users. However, unlicensed platforms will begin blocking new deposits and forcing users to withdraw their funds or transfer them to licensed exchanges. France, in particular, is rapidly approaching this deadline and is mandating the cessation of operations for unlicensed firms.
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