Europe’s crypto market is about to look very different.
Industry estimates suggest that about 210 firms have obtained authorization out of more than 1,200 previously registered crypto businesses across Europe highlighting how significantly the market is about to change.
Consolidation by Design
A smaller group of well-capitalized, licensed players gets a passport to all 27 states.#CryptoEU #CryptoRegulationEU #CryptoEurope https://t.co/orcmY7yYBo
— BitKE (@BitcoinKE) June 23, 2026
Just 18 months ago,
- Binance,
- Bitvavo,
- Kraken, and
- Coinbase
controlled more than 85% of all euro-denominated crypto trading volume, according to Kaiko.
Today, three of those exchanges have secured licenses under the EU’s…
