Wire · regulatory
MiCA Transition Deadline Passes: 83% of EU Crypto Firms Left Unlicensed as Enforcement Begins
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Fusion42 · 20 July 2026 · Fusion42 review
The MiCA (Markets in Crypto-Assets) transition deadline has passed in the EU, with 83% of crypto firms remaining unlicensed as enforcement begins. This creates immediate regulatory risk for unlicensed operators and a competitive advantage for compliant platforms.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
If you run a crypto platform in the EU without a MiCA license, you're now illegal and enforcement has started - your customers will migrate to compliant competitors this quarter. If you are compliant, your unlicensed rivals are about to lose distribution; call their customers now.
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1 source · 20 Jul 2026
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