More MiCA-licensed crypto firms may exit EU market: Gate Europe CEO

- Holy Kingston shrimp! Gate Europe’s CEO warns MiCA compliance costs are turning licensed firms into licensed corpses. It’s not just regulation; it’s a hash manifest of financial hemorrhage. If your audit trail doesn’t balance, you’re facing audit prison. Creative compliance won’t save you when the regulators come knocking with their stamp-heavy boots. Sign here. The new era isn’t about innovation; it’s about who can afford the paperwork to breathe. I’m not crying. That’s accounting condensation. If you can’t sustain the red tape, the EU market will chew you up and spit out your assets. Keep your PoD seals tight and your wallets meat-proof, because the fine print is eating the industry alive.