MEXC Exits Netherlands, Recommends Bybit EU Under MiCAR License

MEXC's exit is less about the Netherlands specifically than about the compliance cost of MiCAR, which pushes exchanges to either license up or route users elsewhere. The referral to Bybit EU is notable: a non-EU-licensed venue effectively handing its Dutch book to a licensed competitor, a pattern that could accelerate consolidation around MiCAR-approved platforms. The open question is whether other exchanges follow the same playbook, and whether referrals like this become a standard exit route rather than a one-off.