KuCoin EU has obtained a MiCA license from Austria’s Financial Market Authority, authorizing it to operate in 29 EEA countries. Malta is explicitly excluded from the authorization.
Blockrise has been granted a MiCA license in the Netherlands, enabling regulated Bitcoin custody and trading and paving the way for BTC-backed loans to EU businesses. The approval gives the firm a compliant onshore base to develop business lending products using Bitcoin as collateral.
Pi Network has filed under the EU’s MiCA framework to secure legal recognition for Pi Coin across the European Union. The application is a strategic step toward regulated market access and clearer compliance for PI.
Pi Network has formally registered under the EU’s Markets in Crypto-Assets (MiCA) framework, a regulatory step that could open doors for the Pi coin (PI) in European markets. The move signals increased legal clarity and potential for broader exchange access.
Aave Labs has obtained MiCA authorization in Ireland and rolled out Push, a fee-free euro-to-crypto bridge across the EEA. Push enables euro conversions into cryptocurrencies including Aave's GHO stablecoin, aiming to cut reliance on centralized exchanges.
Aave Labs has secured MiCA authorization enabling its Push fiat-to-stablecoin ramp to operate euro-to-crypto conversions across the European Union. The approval gives the project a regulated pathway for on‑ and off‑ramps under the EU's Markets in Crypto‑Assets framework.
Aave will introduce zero-fee stablecoin on-ramps across Europe following the EU's MiCA approval, aiming to cut costs and accelerate DeFi onboarding. The protocol says compliant, audited payment pathways are essential to bring mainstream users into decentralized finance.

USDC has significantly outgrown USDT in market capitalization and on-chain activity, driven by strong regulatory compliance and institutional trust. With MiCA regulations approaching in July 2024, USDC's transparent reserves and audit practices position it as the leading stablecoin choice, while USDT faces challenges due to lack of authorization.

USDC has overtaken USDT in on-chain activity and market cap growth, driven by regulatory compliance and Europe's MiCA framework. This signals a shift towards more regulated stablecoins in the crypto market.

In October 2025, the UK Financial Conduct Authority (FCA) proposed amendments to its cryptoasset regulations and addressed enforcement actions on fraud. Meanwhile, EU supervisory authorities reported on financial risks and compliance with the Markets in Crypto Assets Regulation (MiCA).