MiCA has cut Europe's 3,000 registered crypto firms to just 244 authorized providers. Barcelona-based Venga clears the bar as even Binance winds down EU services ahead of the deadline.

European regulator ESMA called on unauthorized crypto-asset service providers to wind down their businesses in an orderly manner as the MiCA transitional period ends on July 1.

MiCA authorization data shows uneven rollout across EU and EEA jurisdictions with Germany leading approvals and five member states yet to issue licenses.