🚨BREAKING: FROM 3,000 COMPANIES TO 244 LICENSED FIRMS OVERNIGHT
Only 194 firms hold MiCA licenses in a market that had over 3,000 registered crypto companies in 2024. Around 75% lost their right to operate as of July 1. ESMA confirmed no extensions, no exceptions, no pending status. Operating without a licence after July 1 is breaking EU law.
Binance, the world's largest crypto exchange, suspended most EU services after failing to obtain a MiCA licence. Estonia had 641 licensed crypto firms at its peak. Today it contributes almost nothing to the authorised register. Coinbase, Kraken, OK, Crypto.com and Ripple secured licences and now dominate the entire bloc. $XRP
📈 XRP is holding near $1.05 as ETF inflows and on-chain activity increase. Can bulls defend the $1 support this week? It's sad that a lot of XRP holder's don't claim the ongoing $Night Tokens bonus which is available for all XRP holder's to claim and double up their XRP holding balance...holding alone isn't going to cut it. Keep holding your XRP strong and make sure to claim your $Night Tokens...it's a good source of liquidity. Swap your allocated Night tokens back to XRP to get more XRP.