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,
Greece has entered the European Union’s MiCA crypto regulatory register with four crypto-asset service providers, marking the country’s first appearance in the European Securities and Markets Authority’s (ESMA) updated list. The four Greek firms are BCASH, Xenios Blockchain Group, Capital Wallet Greece and Piraeus Bank. They appear in ESMA’s register
Poland’s crypto regulation battle hit yet another milestone with the failure of the lawmakers to overcome President Karol Nawrocki’s third veto. The Sejm voted by 241 to 198 to reject the veto, while 3 representatives abstained from voting. Nevertheless, it takes at least 266 votes to override a veto, which
Ripple received CASP approval from the Luxembourg-based Commission to be compliant with the EU’s MiCA regulations. This approval enables the firm to offer regulated crypto asset services. Also, across the entire European Economic Area through a single license granted by Luxembourg. Before receiving this CASP approval, the company was already
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
Revolut is set to phase out USDT support for eligible European clients in line with the European Union’s MiCA regulations. Revolut has informed affected users via email that it will gradually stop supporting USDT in the coming months. Users can keep purchasing USDT until July 6, after which Revolut will
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
Ripple received the first preliminary approval for a license in the role of Crypto Asset Service Provider from Luxembourg’s financial authorities this week. This authorization is another step towards implementing the company’s European expansion plan amid the MiCA regulatory regime. The Commission de Surveillance du Secteur Financier of Luxembourg issued
