Only 16 of Top 100 Crypto Exchanges Hold EU MiCA Licenses

Only 16 of the 100 largest exchanges by trading volume hold licenses under the European Union’s Markets in Crypto-Assets Regulation (MiCA), as UK firms prepare for a separate authorization regime in 2027. The EU had about 213 licensed crypto-asset service providers across the bloc when its MiCA transition period ended July 1, 2026. The count of 16 refers specifically to exchanges ranked by trading volume. The UK Financial Conduct Authority (FCA) opened its application window Sept. 30, 2026. Applications close Feb. 28, 2027, ahead of the new regime’s Oct. 25, 2027, start.