Electrocoin CEO: MiCA Is Killing European Crypto Companies
Electrocoin CEO Nikola Škorić claimed MiCA has significantly reduced the number of crypto companies operating in Croatia to seven.
➤ Electrocoin CEO Nikola Škorić claims the MiCA regulation has drastically reduced the number of crypto companies in Croatia from 16 to seven, impacting market competition and customer choice. ➤ Škorić highlights that high licensing and compliance costs disproportionately affect smaller crypto firms, leading to consolidation and a narrowing of available services for banks and merchants. ➤ The article suggests that while MiCA aims for investor protection and innovation, its implementation has created significant barriers for new and smaller players in the European crypto market.





