The following article is an op-ed by Mike Romanenko, CVO & Co-founder of Kyrrex.

The crypto industry in Europe is standing at the threshold of a regulatory transformation. The Markets in Crypto-Assets Regulation – MiCA –, the European Union’s landmark framework for crypto governance, is set to become a legal requirement, shaping the industry’s future. MiCA introduces unified rules for transparency, anti-money laundering (AML), and consumer protection, promising to enhance trust and foster growth. But is the market ready for the seismic changes it demands?

Mike Romanenko, CVO & Co-founder of Kyrrex, reflects on the European market status stepping in 2025 and facing MiCA.

The truth is, that readiness across the crypto landscape is…