EU Approves 53 Crypto Firms Under MiCA While Tether and Binance Miss Out

Six months into the phased rollout of the EU’s landmark Markets in Crypto-Assets (MiCA) regulation, 53 crypto firms have received official authorization to operate across the European Economic Area (EEA), Notably missing from the list are Tether and Binance, two of the most renowned crypto firms in the industry. Europe’s Crypto Licensing Race Heats Up as MiCA Milestone Hits According to newly shared data from Circle’s EU Policy Head, Patrick Hansen, 39 crypto-asset service providers (CASPs) and 14 stablecoin issuers (formally classified as e-money tokens or EMT issuers) have received MiCA licenses. These licenses allow companies to “passport” services across 30 EEA countries without needing separate approvals in each jurisdiction. “Six months into MiCA’s application for CASPs — and 12 months for stablecoins — here’s the latest July snapshot,” Hansen wrote, providing a country-by-country breakdown source: https://beincrypto.com/mica-eu-crypto-firms-tether-binance/