📉 80% of crypto exchanges may not survive the EU's MiCA regulations.

OKX Europe CEO Efi Pylarinou-Ghoos predicts massive industry consolidation as ESMA orders all unlicensed firms to cease EU operations by July 1.

MiCA compliance demands heavy investment in legal and operational infrastructure, pushing smaller players out. The regulation targets stronger consumer protection and market stability across the bloc.

Watch for a wave of exchange exits and license announcements as the deadline approaches.

#CryptoNews #MarketUpdate #MiCA