- Webull EU acquired MiCA authorization from the Dutch regulator after the tip of the grandfathering interval on July 1st.
- Though MiCA has consolidated the market into 200 licensed firms, stablecoins require a separate EMI license.
- EU Parliament requires addressing gaps in DeFi, staking and NFTs to stop new fragmentation.
Webull Securities (Europe) BV has secured authorization from the Dutch regulator below the European Markets in Cryptoassets (MiCA) Regulation. This authorization is likely one of the first main authorizations issued after the tip of the EU demonetization interval on 1 July 2026. The corporate plans to make the most of this license to launch cryptocurrency operations and custody providers within the second half of 2026.
Webull EU secures MiCA certification
Webull EU has acquired approval from the Dutch regulator below the Markets in Cryptoassets (MiCA) Regulation. The approval is likely one of the first main approvals after the grandparent interval, which ended on July 1st. This transition interval permits crypto firms that beforehand held nationwide Crypto Asset Service Supplier (CASP) registrations to maneuver to a harmonized EU framework.
In the meantime, Webull entered the EU market through the Netherlands in 2025 and reported income of USD 159.9 million within the first quarter of 2026, up 36% year-on-year. The group operates a zero-commission mannequin within the US and likewise operates a retail brokerage enterprise within the UK. Andries van Luijk, CEO of Webull EU, stated MiCA’s approval is a vital milestone within the group’s European enlargement.
Present standing of MiCA and challenges of EU rules
The total implementation of MiCA has consolidated the European cryptocurrency market, with the variety of absolutely licensed firms now round 200 out of greater than 1,200 beforehand registered nationally. This corresponds to a conversion charge of round 17-20%, that means that many firms, together with Binance, will be unable to acquire full MiCA approval by the migration deadline and face restrictions or withdrawal.
Moreover, MiCA created a single marketplace for crypto providers with stricter guidelines concerning licensing, client safety, transparency, and operational resilience. Nonetheless, gaps stay in areas reminiscent of stablecoins, that are primarily handled as digital cash and require a separate digital cash establishment (EMI) license below central financial institution supervision.
Associated: Europe’s ESMA launches CSA to strengthen encryption compliance
What’s subsequent for EU crypto regulation?
In response, the European Fee launched a focused session in Might 2026, which was prolonged till 30 September to evaluate whether or not MiCA stays “match for goal”. This evaluate will collect suggestions from business, nationwide authorities and stakeholders on the effectiveness of the framework as market and coverage developments evolve.
A key precedence is addressing regulatory gaps round DeFi, staking, NFTs, and tokenized belongings. The European Parliament is looking for particular rules on DeFi and staking, citing shadow banking dangers in lending and borrowing and disclosure and client safety deficiencies in yield merchandise. We additionally want clearer classification of NFTs and tokenized belongings to keep away from fragmentation.
Subsequently, the combination of the Crypto Asset Reporting Framework (CARF) below DAC8 and the replace of the DLT pilot regime might additional affect the way forward for EU cryptocurrency regulation. A harmonized 450 million client market may create new alternatives for compliant firms like Webull EU, however evolving guidelines are prone to require agility to stability innovation with sturdy safety.
Associated article: Greater than 80% of EU crypto firms nonetheless wouldn’t have full MiCA license regardless of approaching deadline
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