The EU crypto landscape witnessed a remarkable surge in 2023, with almost 1,000 new virtual asset services providers (VASPs) registering across Europe. Meanwhile, the latest data from DL News reveals a robust expansion, bringing the total number of registered crypto entities to at least 11,597 in the 27-member bloc.
Notably, this influx precedes the upcoming implementation of the EU’s Markets in Crypto-Assets law (MiCA) in December 2024, setting the stage for intense competition among member states vying to attract crypto entrepreneurs.
EU Crypto Ecosystem Flourishes as MiCA Looms
As 2023 draws to a close, Europe celebrates a substantial uptick in crypto registrations, showcasing the dynamic growth of virtual asset services providers. DL News’ analysis reveals an impressive addition of nearly 1,000 crypto entities during the year, contributing to a total of 11,597 registered across the EU crypto scene.
Notably, this surge comes ahead of the impending implementation of the pioneerin
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