🇪🇺 From July 1, the MiCA transitional period actually ends in the EU — crypto companies must now operate under a single CASP license, which can be "passported" across the entire European Union.

This is market maturation, but not a gift for startups — capital, compliance, IT security, and DORA requirements make entry expensive and complex.

In essence, Europe is closing the era of crypto-anarchy — it will become increasingly difficult for small players to survive, and the main beneficiaries will be banks, large exchanges, and companies with strong infrastructure.

The license does not guarantee earnings — it rather becomes an expensive pass into a market where margins are already low.

@DeCenterOrg