Paymonade achieves MiCA compliance in EU; 90% of crypto firms fail to meet new regulations

Damoon Technology (Europe) AG issued a regulatory action on July 19, 2026.

Primary

Damoon Technology (Europe) AG

Date

July 19, 2026

Sub-sector

Crypto / Stablecoin

MiCA compliance is now a hard requirement for operating crypto services in Europe. Founders building crypto or stablecoin infrastructure need to understand this regulatory barrier—90% failure rate suggests significant competitive moat for compliant players.

Primary company

Damoon Technology (Europe) AG

Counterparty

Not disclosed

Amount

Not disclosed

Event date

July 19, 2026

Sub-sector

Crypto / Stablecoin

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PR Newswire

Source: prnewswire.com