EU grants MiCA licenses to 53 crypto firms, Tether and Binance left behind
The European Union has granted MiCA licenses to 53 crypto firms within six months of the regulation's implementation, allowing them to operate across 30 EEA countries without additional approvals
The European Union has granted MiCA licenses to 53 crypto firms within six months of the regulation's implementation, allowing them to operate across 30 EEA countries without additional approvals. Licensed entities include Circle, Crypto.com, and Societe Generale, with 14 firms authorized to issue stablecoins. However, major players like Tether and Binance have not yet complied with MiCA requirements, leading to delistings and regulatory challenges. Germany leads in license issuance, followed by the Netherlands and Malta.
