MiCA regulations are about to take effect, with Europe having issued 230 MiCA crypto licenses

Odaily reports that the MiCA regulation will officially take effect on July 1, 2026. Crypto service providers without this license will be unable to offer new services within the EU. Currently, a total of 230 MiCA licenses have been issued across Europe, with Germany leading at 56 authorizations, followed by the Netherlands with 26, France with 21, Malta with 15, Cyprus with 13, and Ireland with 12. In France, approximately 40% of previously regulated crypto service providers have not submitted license applications. This compliance upgrade has left some smaller traditional crypto institutions facing acquisition or closure. (lesechos)