MiCA shake-up leaves five EU states with zero crypto licenses
EU MiCA licenses reach 244 as Germany and France lead rollout, while unlicensed crypto firms face July 1 service deadline.
Crypto News·
Bybit will limit EEA access to its global platform under MiCA, while users keep custody access and Bybit EU seeks broader Austria licensing.
Read full articleEU MiCA licenses reach 244 as Germany and France lead rollout, while unlicensed crypto firms face July 1 service deadline.
The MiCA regulation's stringent standards may reshape the EU crypto landscape, potentially sidelining many firms unable to meet compliance. The post EU issues 244 MiCA crypto licenses, led by Germany and France appeared first on Crypto Briefing.
Hyperliquid follows Bybit onto Singapore's "naughty" list, Indonesia's new scheme to certify social media influencers promoting crypto: Asia Express.
Bybit's commitment to regulatory compliance in Europe highlights the growing importance of adhering to regional financial regulations for crypto exchanges. The post Bybit CEO Ben Zhou refutes reports of EEA service halt, confirms MiCAR compliance appeared first on Crypto Briefing.
Several exchanges that have already been authorized by EU regulators are attempting to bring in users from companies unlicensed under the Markets in Crypto-Assets rules, offering transfer bonuses and prizes.
OKX is offering EEA users deposit bonuses of up to 8% and Coinbase has launched a parallel transfer bonus for subscribers in eight European markets, as both licensed exchanges compete to capture users displaced by Binance's July 1 MiCA wind-down.
Binance's EU exit highlights the impact of political influence on regulatory processes, affecting market dynamics and stablecoin accessibility. The post Binance founder CZ says MiCA application was near approval before political intervention appeared first on Crypto Briefing.
Bybit's adjustments in the EEA highlight the growing impact of regulatory frameworks on crypto exchanges, emphasizing compliance's critical role. The post Bybit tightens EEA access ahead of MiCA deadline appeared first on Crypto Briefing.