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
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
The European crypto market is facing immense pressure due to the MiCA deadline. The European Union’s MiCA wants exchanges, brokers, and cryptocurrency service providers to procure proper authorization before offering their services to customers across the bloc. The transition period to obtain licenses expires on July 1. This leaves the
Danske Bank has introduced cryptocurrency-related investment products to its trading platform, allowing customers to gain exposure to Bitcoin and Ethereum through exchange-traded products. The move comes from higher client demand and clearer regulations in Europe. Danske eBanking and Danske Mobile Banking customers can invest in ETPs, which track both Bitcoin
KuCoin has assigned Sabina Liu, ex-London Stock Exchange Group (LSEG) official, to head its European business, assigning her with steering the exchange’s Markets in Crypto Assets Regulation (MiCA) expansion from Vienna after safeguarding a crypto asset service provider licence in Austria. Liu, serving as managing director of KuCoin EU, formerly
Binance has recently submitted an application to authorise under the European Union’s Markets in Crypto-Assets Regulation (MiCA) in Greece as regulators alert of emerging compliance deadlines. The spokesperson of Binance acknowledged that the exchange had filed for a MiCA licence in Greece and was working with the financial regulator of
