Circle’s USDC has become the first stablecoin in the European Union to be classified as a significant e-money token under MiCA. It is the EU’s comprehensive crypto asset regulatory framework. The European Banking Authority made the designation after assessing USDC against the criteria set out in the regulation. It makes
The European Securities and Markets Authority (ESMA) has called on national regulators to ensure that crypto-asset service providers (CASPs) stop offering services tied to stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA). In addition, the firms must address remaining client exposures as soon as possible and
European crypto users are showing greater trust in regulated platforms following the rollout of the European Union’s Markets in Crypto-Assets (MiCA) framework, according to Bitpanda co-CEO Christian Trummer. Speaking on Cointelegraph’s Chain Reaction, Trummer said users now have “more faith” in regulated market participants. He also argued that the wider
Binance is facing regulatory scrutiny across Europe over its use of MiCA’s reverse solicitation exemption, a legal provision that allows non-EU companies to serve European clients, but only when those clients independently seek out the relationship without any solicitation or marketing from the firm. The European Securities and Markets Authority,
Binance had spent more than a year trying to establish a presence in Europe through Greece’s crypto licensing process. Binance submitted its application shortly before the end of 2025, according to The Wall Street Journal. Greek regulators said later that they would approve Binance’s application in early June. The company
One of the world’s leading cryptocurrency exchanges, Binance, is facing functional and operational disruption across Europe. The country’s Markets in Crypto-Assets, namely MiCA, had already announced a July 1 deadline for crypto companies. This was to obtain authorization licence for smooth operations. This left the unlicensed firms in terror, as
Binance reassures EU customers now that Markets in Crypto-Assets Regulation officially went into full effect in the region. Binance revealed that customers’ assets are still insured on a 1-to-1 basis, and withdrawal is possible without interruption. Richard Teng, Chief Executive Officer, reiterated the same message, stating how the company is
The European Union has approved 244 crypto licenses through the Markets in Crypto-Assets Regulation as implementation nears the end of its transition period. The data from ESMA’s interim MiCA register reveals Germany and France as the top jurisdictions in terms of licensing. Germany has granted authorization to 57 crypto-asset service
Coinbase formally launched its European crypto hub in Luxembourg as per the Markets in Crypto Assets regulation of the European Union. This happened after Coinbase received a MiCA license from the financial watchdog of Luxembourg in June 2025. Luxembourg’s Commission de Surveillance du Secteur Financier granted the license more than
Binance is looking to obtain a MiCA license across Europe using France as the gateway. This came as a following apparent setback in Greece. The opposition of the application appears to have been spearheaded by The President of the European Central Bank, Christine Lagarde. In addition, there have been reports
