Binance co-CEO says 70% of EU withdrawals went to self-custody after MiCA deadline, with just 30% going to licensed platforms
Richard Teng said 70% of EU user withdrawals following its service suspension moved to self-custody rather than MiCA-regulated platforms.
Bull Bitcoin Files Landmark Legal Challenge to Annul France’s DAC8 Crypto Data Surveillance Rules
Bitcoin Magazine Bull Bitcoin Files Landmark Legal Challenge to Annul France’s DAC8 Crypto Data Surveillance Rules Bull Bitcoin exchange, recently licensed under MiCA, is challenging the European directive in French courts that sets up a mass…
European Commission looks to expand MiCA to cover emergence of tokenization, non-EU stablecoin issuers: report
The European Commission is reportedly seeking comment from stakeholders on expanding MiCA rules until Sept. 30.
Binance founder CZ says MiCA application was 'fully compliant' and near approval before political forces intervened
Binance founder CZ says the exchange's EU MiCA application was closed to approval before unnamed political forces weighed in.
Binance Withdraws Greece MiCA License Bid To Target Alternate EU Jurisdiction
Binance has reportedly withdrawn its Greek MiCA registration bid while targeting another EU jurisdiction for passporting rights.
Binance co-CEO remains 'committed' to securing EU license after exchange withdraws Greece bid
The world's largest crypto exchange only has one week to secure a license in legally operating in the European Union.
Ripple MiCA Approval Boosts RLUSD, Leaves XRP at $1.10 Support
Ripple has secured preliminary Crypto Asset Service Provider approval from the Luxembourg CSSF under the EU’s MiCA regulation, and XRP dropped 3% on the news. The token is trading at $1.10, down 5% over 24 hours, with the crypto market providing no…
OKX Europe chief says 80% of crypto exchanges won't survive MiCA as deadline nears
OKX Europe CEO Ghoos said 80% of exchanges won't survive MiCA as ESMA forces unlicensed firms to cease EU operations by July 1.
Japan’s Crypto Revolution: 20% Tax Rate and Institutional ETF Gateway
Japan is executing the most consequential crypto regulatory pivot in Asia. The country that once taxed crypto gains at up to 55%, which drove liquidity offshore and cemented its reputation as a hostile jurisdiction for active traders, has now published…
Stakeholders Rally Behind EU’s Digital Asset Framework and Solicitation Regulations
In a significant development for the digital asset space within the European Union, the European Securities and Markets Authority (ESMA) has garnered substantial support from its Securities and Markets Stakeholder Group (SMSG) on two pivotal…