TRM Labs Reveals MiCA Purged 80% of European Crypto Firms

TRM Labs reports that MiCA regulation has led to 80% of European crypto firms losing authorization, consolidating the market and isolating high-risk firms. Jurisdictions with early licensing capacity licensed most firms, while others like Poland and Lithuania saw almost complete purging.

This Wire brief sits within Fusion42's coverage of Fintech. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur reasons over.