
MiCA Shrinks EU Crypto Market to 200+ Firms, but Demand for Regulated Access Grows
- —EU crypto firms dropped from 3,000+ to just over 200 after MiCA
- —Only about 300 licenses are currently active in the EU
- —The EU market of 450 million high-income consumers remains too big for web3 firms to ignore
- —Tokenization requires utility, ecosystem and white paper registration with ESMA
Why it matters: MiCA is setting the global benchmark for crypto regulation, forcing firms to obtain licenses and token projects to prove real-world value.
Source: TokenPost