
PANews Original |MiCA’s Crypto Shakeout Has a Clear Winner: Germany As MiCA moves into full enforcement, Europe’s crypto industry is going through a regulatory reset. According to the @FinancialTimes, only around 12% of crypto firms in the EU were authorized to keep operating under the new rules as of July 1, with 244 entities receiving CASP authorization. Germany alone accounts for 57 MiCA-authorized CASPs, roughly 23% of the EU total, making it one of the most important compliance hubs in the bloc. Germany’s edge is not just the number of licenses. Long before MiCA, the country had already brought crypto custody, trading, brokerage, and payment-related activities into existing banking, securities, and payments frameworks, creating a clearer path for regulated crypto businesses. Now, Germany’s crypto stack is moving beyond exchanges. Bank apps, tokenized securities, on-chain settlement, and euro stablecoin infrastructure are becoming part of the same digital finance buildout. Europe’s next crypto race may not be about who can launch tokens first, but who controls licenses, banking distribution, custody, settlement, and financial infrastructure. #MiCA #Germany #CryptoRegulation #CASP #Europe #OnChainFinance















