MiCA Licensing Chaos: Why German Firms Sprint Ahead While the EU Lags Behind
Europe’s Markets in Crypto-Assets (MiCA) regime fully takes effect on July 1. Fewer than 60 firms hold a license across the bloc, while a backlog leaves many applicants in limbo. Germany has emerged as the clear outlier. BaFin has authorized roughly 18 Crypto Asset Service Providers (CASPs), accounting for about 36% of all licenses issued....
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