A decisive deadline arrives this week for a large part of Europe’s crypto industry. When the MiCA transition period expires on 1 July 2026 , every provider that has not obtained a proper licence under the EU’s Markets in Crypto-Assets (MiCA) regulation by then loses its authorisation to operate. Any firm that continues to offer crypto services to customers in the European Economic Area (EEA) without authorisation after that date is no longer doing so legally. 244 CASPs instead of 3,000 VASPs