Swiss: Stricter MiCA rules could thin crypto industry across the EU, says Swiss wealth manager

Crypto wealth manager Swissborg gets MiCA approval and prepares to move its European operations to France while targeting growth in markets including Germany, Italy and Spain. What to know : The European Union’s new MiCA regulations are reshaping the region’s crypto industry by raising regulatory and operational standards, which could reduce the number of lightly regulated platforms. SwissBorg, which recently secured a MiCA license and plans to shift its European operations to a newly authorized French entity, aims to expand into major EU markets as some global exchanges scale back in the bloc. SwissBorg’s COO expects yield and staking products, particularly those linked to stablecoins, to move toward clearer disclosures and more standardized, transparent structures as regulators push for stricter rules and institutions gradually increase their participation.