Original sourceBitcoinEthereumNews
Summary
Since MiCA fully took effect on July 1, 2026, about 1,700 unauthorized EU platforms have ceased operations, creating a significant gap between authorized supply and demand. Currently, only about 323-324 companies hold valid MiCA licenses in the EU, and most licenses cover custody, transfers, or cur…
Key points
- Users should verify if a platform holds a MiCA license to avoid service interruptions or scams.
- MiCA enforcement is reshaping the EU crypto market, with many platforms exiting and users needing to migrate, posing risks.
- EU users need to move assets to authorized platforms and be wary of fake platforms; exchanges must ensure compliance to maintain operations.
Editorial note
This page is Code & Chain's editorial summary of public sources. It may be prepared with AI assistance and published through an automated workflow. Refer to the original sources; this content is not investment, legal, or tax advice.