OKX Europe CEO Ghoos said 80% of exchanges won't survive MiCA as ESMA forces unlicensed firms to cease EU operations by July 1.

OKX Europe CEO Ghoos said 80% of exchanges won't survive MiCA as ESMA forces unlicensed firms to cease EU operations by July 1.

ESMA ordered unlicensed crypto firms to stop serving EU clients and wind down operations before MiCA's July 1, 2026 authorization deadline.