About 30% of crypto companies in the EU without a MiCA license have not communicated their intentions ahead of the July 2026 deadline, according to French regulators. Firms failing to secure the license must cease operations or implement an orderly wind-down, with the European Commission proposing to centralize crypto oversight under ESMA. Leading companies like Circle, Coinbase, Binance, and Revolut have obtained the license, while France pushes for stricter centralized regulation to avoid fragmented supervision.