MiCA is Turning Europe Into a Licensing Test for Every Type of Crypto Company
Europe entered a new phase of crypto regulation on July 1, 2026, when the final transitional period under the Markets in Crypto-Assets Regulation expired. Crypto-asset service providers operating under earlier national regimes had until this date to obtain MiCA authorisation or begin ending their EU activities.
The deadline has reduced the number of providers able to serve the region, strengthened the commercial value of an EU licence, and raised new questions about product access, passporting, and consistent enforcement across member states.
BeInCrypto interviewed Philipp Bohrn, vice president of group governance at Bitpanda, Mike Schwitalla, chief commercial officer at Crypto Finance Group, and Chagri Poyraz, chief strategy officer at OSL Group, about how MiCA is changing Europe's crypto market.
MiCA is now changing which companies can reach European users, which assets appear on their platforms and how regulated providers describe the protection attached to their services.
