The EU MiCA regulation will come into effect on July 1, 2026, and 230 licenses have been issued in Europe

The MiCA regulations will come into effect on July 1, 2026. Europe has issued 230 MiCA licenses, including 56 in Germany, 26 in the Netherlands, 21 in France, 15 in Malta, 13 in Cyprus, and 12 in Ireland. About 40% of regulated encryption service providers in France have not submitted license applications, and the increased compliance requirements have led to some small encryption institutions facing acquisition or bankruptcy. lesechos