Germany Accounts for About 36% of EU MiCA Crypto License Approvals

Germany has approved about 18 crypto asset service provider (CASP) licenses under the EU’s Markets in Crypto-Assets (MiCA) framework, representing approximately 36% of approvals across the bloc. According to NS3.AI, fewer than 60 companies have secured a MiCA CASP license in the EU so far, with Germany accounting for a significant share of the total. The report also said Germany shortened its MiCA grace period to 12 months, which ended on Dec. 31 of last year.