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Some MiCA-Licensed Crypto Firms May Exit EU Market Due to Compliance Costs
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Some MiCA-Licensed Crypto Firms May Exit EU Market Due to Compliance Costs

Giovanni Cunti, CEO of Gate Europe, warns that some crypto firms holding MiCA licences may struggle to sustain the ongoing compliance costs as Europe enters its new regulatory era for crypto assets. While MiCA was designed to create a stable framework for the sector, the financial burden of maintaining compliance could drive smaller or less-resourced firms out of the EU market. Cunti did not name any specific companies considering an exit.

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