Europe’s Crypto Firms Face Squeeze as MiCA Transition Period End Looms
In brief The EU’s MiCA transition period ends July 1, closing the window for crypto firms to operate under old national regimes without a bloc-wide license. Just 200 or so firms have secured full MiCA authorization, according to ESMA’s register—a small fraction of the pre-MiCA market. Binance is reportedly set to be denied an EU…