Crypto Exchanges Thrive Under EU’s MiCA Regulation
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BTCCSquare news:
Six months after the European Union's Markets in Crypto-Assets Regulation (MiCA) took effect, nearly 40 crypto-asset service providers (CASPs) have secured authorization to operate across the bloc. The unified framework replaces fragmented national laws, enabling firms to scale services seamlessly across the European Economic Area.
Germany, among nine EU and EEA member states, hosts several authorized CASPs. The list spans traditional financial institutions, fintech platforms, and crypto-native companies. Patrick Hansen, Circle's EU Strategy Director, highlighted the regulatory milestone in a July 7 snapshot—showcasing how MiCA's licensing portability fosters cross-border crypto services.
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