CryptoBearishThe Block · 3h ago7/10
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OKX Europe chief says 80% of crypto exchanges won’t survive MiCA as deadline nears
OKX Europe's CEO warns that approximately 80% of cryptocurrency exchanges will fail to survive the Markets in Crypto-Assets Regulation (MiCA) compliance requirements, with July 1 serving as the regulatory deadline for unlicensed platforms to cease EU operations. This mass consolidation reflects the stringent licensing and operational standards MiCA imposes across European exchanges.
