Europe’s Old Crypto Market Collapse: Adapting to New Realities

To improve your local-language experience, sometimes we employ an auto-translation plugin. Please note auto-translation may not be accurate, so read original article for precise information. Since the dawn of time, crypto entrepreneurs have enjoyed the freedom to choose an EU base for their business from among a handful of jurisdictions that were most favorable at the time, capitalizing on regulatory fragmentation across the region. Rather than breathing new life into Europe’s crypto sector, bringing clarity and harmonization, the Markets in Crypto-Assets (MiCA) regulation has instead emerged as a destroyer of the continent’s old crypto world.