Only 7% of Europe's Crypto Providers Hold MiCA Licences Before July Deadline

Europe's crypto sector is entering its sharpest contraction in years. About 210 firms hold a Markets in Crypto-Assets (MiCA) licence ahead of the July 1 MiCA deadline. That number compares with nearly 2,747 Virtual Asset Service Provider (VASP) registrations counted across the European Union in 2024. The new licensed group represents roughly 7% to 8% of the previous registered universe, according to industry trackers and supervisory data. Authorized Entities by Country. Source: chainscreen.io

MiCA Deadline: The Scale of the Cut. Industry tracker Coincub estimated 2,747 VASP registrations across Europe in 2024. Poland alone accounted for more than 1,400. ChainScreen placed authorised CASPs at around 183 in April 2026. ITISPay updated that figure to roughly 210 by May.

Estonia shows the squeeze most clearly.