That’s according to a report Friday (June 13) by Reuters, which noted that the companies are reaching this milestone amid contention among European Union (EU) regulators over how quickly and easily some countries are granting such licenses.
The EU’s Markets in Crypto-Assets (MiCA) regulation lets member states grant licenses that permit crypto companies to operate throughout the EU. However, sources tell Reuters that there has been concern among regulators during closed-door meetings about the speed with which licenses are being issued.
At issue, the report said, is the oversight of the crypto industry, which regulators contend…