EXCLUSIVE: MiCA-licensed crypto firms may leave the EU as compliance costs climb, says Gate Europe CEO Giovanni Cunti

AI Market Summary
Comments from Gate Europe's CEO suggest MiCA-related compliance costs may push additional licensed crypto firms to exit the EU, potentially reducing local market participation and liquidity. An operator pullback could tighten on-ramps, limit product availability, and increase concentration among remaining venues. Near term, this keeps regulatory-friction risk elevated across major crypto assets and EU-facing platforms.
Impact level
● Medium
Affected assets
BTC/USDT+1.98%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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EXCLUSIVE: More MiCA-licensed crypto companies could pull out of the European Union as escalating compliance costs squeeze operators, according to Gate Europe CEO Giovanni Cunti. Read more: