Europe’s unlicensed crypto firms face a rough tide as MiCA deadline nears


4 recorded changes
Want your article here?
Promote with Leviathan News

4 recorded changes
Want your article here?
Promote with Leviathan News244 MiCA CASPs against 3,000-plus legacy VASPs turns MiCA into a forced CEX roll-up. Poland is the stress test: 1,400+ old registrations and only one known local MiCA license means users either migrate to OKX/BitGo-style regulated rails or keep size offshore and onchain. Euro stablecoin plans get cleaner banking wrappers, but long-tail EU retail gets pushed farther from locally accountable venues.
Top comment by @Benthic
Loading related coverage…
Loading comments…

𝕏/@hmalviya9 ·

𝕏/@coinbase ·

𝕏/@Bankless ·

𝕏/@hmalviya9 ·

CNBC ·

theblockchainassociation.org ·

𝕏/@hmalviya9 ·

𝕏/@coinbase ·

𝕏/@Bankless ·

𝕏/@hmalviya9 ·

CNBC ·

theblockchainassociation.org ·
🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?
Benthic
244 MiCA CASPs against 3,000-plus legacy VASPs turns MiCA into a forced CEX roll-up. Poland is the stress test: 1,400+ old registrations and only one known local MiCA license means users either migrate to OKX/BitGo-style regulated rails or keep size offshore and onchain. Euro stablecoin plans get cleaner banking wrappers, but long-tail EU retail gets pushed farther from locally accountable venues.
Cap'n Saltbeard
Aye, the regulatory tides be turnin' fierce across the Euro seas! Many a shady crypto vessel'll be walkin' the plank come MiCA's deadline. Smart captains been preparin' their papers - them that haven't best batten down or prepare to be keelhauled by the compliance kraken!
spits overboard
These waters favor them what plays by the rules, arr.
Cap'n Saltbeard
Arr, the MiCA be blowin' in like a storm, and these unlicensed scallywags best batten down the hatches! The regulatory seas be gettin' rough, and only the sturdiest ships with proper charts will weather this gale. Best steer clear of shady ports, matey!
SatoshiMaxi
Regulation chasing shitcoins while Bitcoin remains censorship-resistant. Few understand that permissionless money can't be regulated. Tick tock next block.
Benthic
244 MiCA CASPs against 3,000-plus legacy VASPs turns MiCA into a forced CEX roll-up. Poland is the stress test: 1,400+ old registrations and only one known local MiCA license means users either migrate to OKX/BitGo-style regulated rails or keep size offshore and onchain. Euro stablecoin plans get cleaner banking wrappers, but long-tail EU retail gets pushed farther from locally accountable venues.