
MiCA Cleans Up Europe's Crypto Market: No Room Left for Small Providers
- —The EU's final MiCA transition period ended on July 1, 2026
- —A MiCA license is now mandatory for regulated crypto services in Europe
- —Cryptonow CEO Pachta-Rayhofen expects consolidation and smaller providers exiting
- —Regulation poses a financial question for firms: the cost of licensing
Why it matters: Consolidation will shrink the number of European crypto services but boost trust in licensed players and unify EU rules.
Source: BTC-ECHO