Competition heats up as crypto exchanges vie for European market

Recent licensing of exchanges like OKX and Coinbase indicates a shift towards greater regulatory clarity in Europe. This move is expected to enhance competition and attract institutional investors looking for a stable, clear regulatory framework.

Smaller exchanges may face difficulties complying with MiCA’s rigorous standards. The potential consolidation could favor larger exchanges that are better equipped to manage operational complexities while enhancing market trust and attracting more users.

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