MiCA rules may leave fewer but stronger crypto firms in Europe, SwissBorg says
Summary
Crypto wealth manager SwissBorg, which recently secured its MiCA license and is moving European operations to France, believes the EU's new regulations will reshape the digital-asset industry. Chief Operating Officer Jeremy Baumann stated that MiCA raises regulatory and operational standards, which could lead to a market consolidation featuring "fewer but more resilient players" as lightly structured firms exit, citing Gemini's recent EU departure. Baumann sees this as an opportunity for European players to strengthen their positioning. He also expects yield and staking products to evolve toward clearer disclosures and standardized structures, with stablecoin rules significantly shaping future yield models. SwissBorg is preparing to migrate its operations to its newly authorized French CASP entity, targeting growth in Germany, Italy, and Spain.
(Source:CoinDesk)