The EU's Markets in Crypto-Assets (MiCA) regulation transition period will end on July 1. By then, crypto companies providing services to EU users will, in principle, need to hold a MiCA license. According to ESMA registration data, only about 200 companies have obtained authorization as Crypto Asset Service Providers (CASPs), which is far below the market size before MiCA's implementation. Industry insiders believe that high compliance costs and complex approval processes may drive industry consolidation and accelerate M&A activities. (Decrypt) https://www.(wublock123.com)/news/europe-mica-regulation-triggers-crypto-ma-acceleration-63061