CryptoCointelegraphabout 4 hours ago
MiCA-licensed crypto firms may exit EU
1 min read
Gate Europe CEO Giovanni Cunti warned that some MiCA-licensed crypto firms may exit the EU market because compliance costs are unsustainable. The EU's 18-month transition period ended July 1, requiring authorization. Binance did not secure a MiCA license before the deadline. ESMA added 14 firms to its register, totaling 294.
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