40 Days After MiCA: What Europe’s Crypto Market Looks Like

BeInCrypto’s review of Europe’s licensing register finds a market led by custody firms and banks. Trading-venue permissions remain rare, Circle dominates compliant stablecoin supply, and enforcement is concentrated in one country. Europe’s crypto transition period ended on 1 July 2026. Roughly forty days later, the licensed market is still taking shape. The European Securities and