🌋 EU's Crypto Company Count Shows Consistent Increase
posted 27 Dec 2023
According to official registries, this year has seen the emergence of nearly 1,000 new cryptocurrency companies in the European Union. It is anticipated that by the end of the year, the total count of registered firms involved with decentralized technologies will reach approximately 11,600.
The Czech Republic has the highest number of such entities (9,372), but about 83% of these are people, not companies. ТHence, the country is often separately categorized in overall rankings to avoid conflating data. Additionally, the Czech government has not yet released its data for 2023.
Poland holds the second position with over 1,000 cryptocurrency companies. However, the upcoming enforcement of the MiCA law could significantly alter the landscape, as the current VASP license does not ensure the automatic acquisition of the new, updated permit.
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