Germany leads EU in new MiCA licenses with 42 of 72 in Q3
- —Germany accounted for 42 of 72 new EU MiCA licenses in Q3
- —Banks made up 41 of the 42 new approvals, including Deutsche Bank
- —Germany now has 100 MiCA-licensed institutions, 65 of them banks
- —Growth slowed: 105 new licenses in Q2 versus 72 in Q3
Why it matters: German banks are entering crypto regulation en masse, strengthening the EU's institutional infrastructure, even as BaFin rejects some applicants such as Bitcoin.de.
Source: BTC-ECHO