Ledger CTO Charles Guillemet stated that while the EU's Markets in Crypto-Assets Regulation (MiCA) aims to unify the regulatory framework, the high costs of capital, auditing, insurance, and compliance are pushing small and medium-sized crypto startups out of the market, creating competitive barriers for large institutions and traditional financial entities. He pointed out that as banks accelerate their efforts in crypto custody and asset tokenization, European crypto-native companies are increasingly becoming providers of traditional financial infrastructure. (CoinDesk) https://(wublock123.com)/news/news-62422