ChainCatcher report: The MiCA regulation will officially take effect on July 1, 2026, and crypto service providers without the required license will be prohibited from offering new services in the EU. To date, a total of 230 MiCA licenses have been issued across Europe, with Germany leading with 56 authorizations, followed by the Netherlands with 26, France with 21, Malta with 15, Cyprus with 13, and Ireland with 12. In France, approximately 40% of regulated crypto service providers previously did not submit license applications. The heightened compliance requirements have left some smaller traditional crypto institutions vulnerable to acquisition or closure.
MiCA Regulation to Take Effect in 2026, 230 Licenses Issued in Europe
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Summary
MiCA (EU Markets in Crypto-Assets Regulation) will take effect on July 1, 2026, requiring all EU crypto service providers to hold a license. So far, 230 licenses have been issued, with Germany leading at 56. France, the Netherlands, Malta, Cyprus, and Ireland follow. In France, approximately 40% of regulated firms have not applied. Stricter compliance, including Countering the Financing of Terrorism (CFT) measures, is accelerating sector consolidation, putting pressure on smaller firms to merge or exit.
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