1 month ago
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Key Takeaways
- MiCA’s transition period ends July 1, 2026, with no extensions.
- Only a small fraction of Europe’s pre-MiCA crypto firms have secured a license.
- Licensed exchanges cluster heavily in Malta, Austria, and Luxembourg.
- Even Binance is halting EU services after failing to secure a license in time.
The headline number is stark. According to The Crypto Register, only a few hundred crypto firms have secured a MiCA license ahead of the deadline, out of the thousands that previously operated across the bloc under national registrations. Industry estimates put Europe’s pre-MiCA total at over 3 thousand registered crypto companies, and by most counts only around 244, or under 10%, have converted to full CASP authorization. That leaves the large majority either mid-process with no legal standing, quie...
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