ESMA has demanded that crypto companies without MiCA leave the EU market
✍️ The European regulator ESMA reminded that starting July 1, 2026, crypto platforms without a MiCA license must cease servicing clients from the European Union.
🗣️ Companies are required to prepare a winding-down plan in advance and notify users.
⌛ Experts estimate that only about 200 companies have received MiCA licenses, while around 3000 crypto firms were previously operating in the region. As a result, up to 75% of platforms may exit the European market.
⛏ For users, this means possible service blockages, halting of deposits, and the need to withdraw funds from platforms that have not received permission to operate in the EU.
⚠️ France has taken a particularly hard stance, where companies face hefty fines and criminal liability for violating MiCA requirements.
🔗 New rules have already impacted the stablecoin market. Several major exchanges have started to restrict or delist USDT for European clients, preferring regulated alternatives like USDC.
⏱ MiCA is gradually becoming the main regulatory standard for the crypto market in Europe, and the coming months will show which companies can adapt to the new requirements.
📈 Trading on ByBit 🤖 Trading on Dragonfly 📱 YouTube
📱 TikTok
✍️ The European regulator ESMA reminded that starting July 1, 2026, crypto platforms without a MiCA license must cease servicing clients from the European Union.
🗣️ Companies are required to prepare a winding-down plan in advance and notify users.
⌛ Experts estimate that only about 200 companies have received MiCA licenses, while around 3000 crypto firms were previously operating in the region. As a result, up to 75% of platforms may exit the European market.
⛏ For users, this means possible service blockages, halting of deposits, and the need to withdraw funds from platforms that have not received permission to operate in the EU.
⚠️ France has taken a particularly hard stance, where companies face hefty fines and criminal liability for violating MiCA requirements.
🔗 New rules have already impacted the stablecoin market. Several major exchanges have started to restrict or delist USDT for European clients, preferring regulated alternatives like USDC.
⏱ MiCA is gradually becoming the main regulatory standard for the crypto market in Europe, and the coming months will show which companies can adapt to the new requirements.
📈 Trading on ByBit 🤖 Trading on Dragonfly 📱 YouTube
📱 TikTok
