Trade Republic has received a MiCA license, becoming the latest company to operate under this framework in Europe. The licensing process has been slow, with only 25 firms licensed since MiCA’s implementation in December 2024.
Concerns have been raised regarding the stringent MiCA regulations, which may impact the growth of crypto startups. Experts predict that around 75% of registered firms could lose their licenses by mid-2025 if they fail to meet compliance standards.
Leave a Reply