Europe’s crypto market reshapes after MiCA as regulated infrastructure becomes essential

Europe’s crypto rules have sharply reduced the number of market participants while increasing demand for institutional entry into the region, according to Victor Bodner, chairperson of the management board at Blockben. Tokenization projects also need real utility and a business foundation if they are to survive beyond issuance, he said. In an Oct. 14 Cointelegraph interview at Token2049, Bodner said crypto companies have become more focused on accessing the European market through regulated channels since the European Union’s MiCA regime took effect. Bodner described Blockben as a crypto commercialization platform designed in the European Union.