Germany and France have taken an early lead in the European Union’s new crypto licensing system as the MiCA deadline approaches.Â
Summary
- Germany and France now hold over one-third of the EU’s 244 issued MiCA crypto licenses.
- Unlicensed crypto firms must stop relevant EU services after July 1 as transition periods end.
- Users may face fewer tradable assets and thinner liquidity as platforms adapt to MiCA rules.
Bits.Media, citing ESMA register data, reported that the EU had issued 244 valid MiCA crypto-asset service provider licenses as of June 29.
Germany led the bloc with 57 licenses, equal to about 23% of the total. France followed with 26 licenses, or…
