Three Days Before the MiCA Deadline, 80% of European Crypto Companies Remain Unlicensed

BTCC / BTCC Square / Global Cryptocurrency /

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2026-06-28 15:54:02

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With just days remaining before the July 1, 2026 deadline, the European Union has approved only 230 licenses under the Markets in Crypto-Assets (MiCA) regulation. Over 80% of crypto firms continue operating without authorization, as Spain's CNMV confirms no extensions will be granted beyond the cutoff date.

Germany leads with 56 MiCA licenses, followed by the Netherlands (26) and France (21). This uneven distribution highlights how operators are concentrating in jurisdictions with faster approval processes, leveraging the EU's passporting system to serve all member states. The regulatory bottleneck threatens to reshape Europe's crypto landscape, potentially forcing non-compliant platforms to exit the market.

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