Six months into its full rollout, Europe’s landmark crypto regulation, MiCA, is transforming the landscape for crypto firms and stablecoin issuers. With 14 stablecoin issuers and 39 CASPs now licensed, the bloc’s regulatory experiment is gaining momentum. Compliance trends and market shifts hint at both challenges and opportunities ahead.
- 14 stablecoin issuers across 7 EU countries have been authorized under MiCA, issuing 20 e-money tokens (12 euro, 7 dollar, 1 Czech koruna).
- 39 Crypto-Asset Service Providers (CASPs) are now licensed, including major exchanges like Coinbase and Kraken, as well as traditional banks like BBVA.
- Over 10,000 EU crypto businesses face regulatory changes, with 42% anticipating higher compliance costs, while stablecoins are projected to grow by 35% in market cap.
📎 Related coverage from: cryptopotato.com
