Europe’s crypto reset: MiCA creates a single market as hundreds of firms face exit

June 24, 2026
9:59 am

Europe’s crypto reset: MiCA creates a single market as hundreds of firms face exit

The clock is running down on the most consequential deadline the crypto sector has faced in Europe.

From the start of July, the transitional window under the Markets in Crypto-Assets Regulation (MiCA) closes for good, and companies that have not secured authorisation must either stop serving European customers or wind down altogether.

MiCA is the EU’s first comprehensive law for the crypto industry, bringing exchanges, brokers and digital wallet providers under the kind of formal oversight that has long applied to banks and other financial firms.

It replaces a fragmented mix of…

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