EU issues 230 MiCA licenses, raising concerns over market diversity
The EU has issued around 230 MiCA licenses, reshaping Europe’s crypto industry.
Germany leads with 56 licenses, followed by the Netherlands with 26 and France with 21.
In France, about 40% of registered crypto service providers have not applied for a MiCA license, while some firms have withdrawn applications or moved toward shutting down.
Industry participants say MiCA has strengthened market resilience, but also reduced market diversity, with smaller crypto firms facing the greatest pressure.