MiCA Transition Ends July 1, Putting Thousands of EU Crypto Firms at Risk

The EU's transition period for the Markets in Crypto-Assets (MiCA) regime is set to end on July 1, a cutoff that could push unlicensed crypto businesses out of the market, according to CryptoSlate. As of May 2026, only 194 firms had obtained MiCA authorization. Estimates suggest roughly 75% of crypto companies currently operating in Europe may soon be ineligible to serve EU users. Firms without a license may have to stop taking deposits and direct customers to regulated, licensed platforms.