TLDR Tech / Crypto
Europe's MiCA crypto regime is fully in force
MiCA's transitional period closed July 1, pulling all 27 EU member states into a single crypto authorization regime with no extensions. Of more than 1,200 previously registered EU crypto businesses, roughly 80% failed to transition, leaving about 200 authorized firms, with around 14 centralized exchanges holding licenses led by Binance (France), Kraken and Coinbase (Ireland), Bitstamp (Luxembourg), and OKX (Malta). The most notable loser is Tether's USDT, which never sought e-money token authorization under MiCA and has since been delisted by major exchanges for EU users.
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