Gate Europe CEO Says Even MiCA-Licensed Crypto Firms May Leave EU Over Compliance Costs - bloomingbit
Gate Europe CEO Giovanni Cunti said even MiCA-licensed crypto firms may leave the EU due to rising compliance costs. He noted the regulatory burden has reduced the market from thousands to hundreds of operators, but firms that stay may find opportunities. The European Securities and Markets Authority added 14 firms to its register, totaling 294.
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