Europe’s landmark crypto rulebook, the Markets in Crypto-Assets Regulation (MiCA), formally took effect on Tuesday UTC, forcing crypto-asset service providers to either secure authorization or exit the bloc—an inflection point that could reshape where millions of Europeans trade and custody digital assets.
According to CoinDesk, roughly 3,000 crypto trading platforms operating across Europe have been doing so without full authorization. As MiCA’s requirements now apply, about 80% of those unlicensed venues may fail to meet the deadline-driven compliance bar, leaving them at risk of closure… Read more
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