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MiCA will not drive investors away, it will purify the market
Slovenia🏛️ PoliticsCenter3 days ago

MiCA will not drive investors away, it will purify the market

The Slovenian newspaper Delo reports on the impact of the Markets in Crypto-Assets (MiCA) regulation, which came into effect on July 1st. According to data from the European Securities and Markets Authority (ESMA), there are still 284 licensed crypto service providers operating in the EU, including three Slovenian companies. This represents a significant reduction, with the number of regulated providers now less than 10% of the previous total. The article highlights how this regulatory change consolidates the market by retaining credible players while eliminating less reliable ones. It quotes Domen Kregar, a broker at Ilirika, who explains that obtaining the MiCA license was a major achievement for his firm, as over 80% of crypto-related businesses were rejected. He praises the stringent licensing process and believes it ensures safer investments for customers. The article suggests that despite the reduced number of providers, investors interested in cryptocurrencies will remain, as they see potential in the sector.

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1 reports

Delo logoDeloIndependent🔒CenterFactual 95Objective 753 days ago
MiCA will not drive investors away, it will purify the market

The Slovenian newspaper Delo reports on the impact of the Markets in Crypto-Assets (MiCA) regulation, which came into effect on July 1st. According to data from the European Securities and Markets Authority (ESMA), there are still 284 licensed crypto service providers operating in the EU, including three Slovenian companies. This represents a significant reduction, with the number of regulated providers now less than 10% of the previous total. The article highlights how this regulatory change consolidates the market by retaining credible players while eliminating less reliable ones. It quotes Domen Kregar, a broker at Ilirika, who explains that obtaining the MiCA license was a major achievement for his firm, as over 80% of crypto-related businesses were rejected. He praises the stringent licensing process and believes it ensures safer investments for customers. The article suggests that despite the reduced number of providers, investors interested in cryptocurrencies will remain, as they see potential in the sector.

Bias read (Center): While the article discusses regulatory changes that could be seen as politically charged, it presents a balanced view by quoting industry insiders and emphasizing the positive aspects of the new regulations. There is no overt ideological leaning, and the focus remains on factual reporting and expert

Why these scores (Factual 95 · Objective 75): The article accurately reports the number of remaining licensed crypto service providers in the EU after MiCA implementation, citing Esma data. It mentions three Slovenian companies and quotes Domen Kregar, providing context on the impact on investors and market consolidation. However, the focus on

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