ESMA reviews CASPs to assess custody security, governance, and operational resilience under MiCA rules. EU regulators will examine key management, incident response, and third-party service risks. Crypto custody firms face stricter oversight as MiCA shifts toward active market supervision. The European Securities and Markets Authority (ESMA) has launched its first major review of crypto custody […]
The post ESMA Launches First MiCA Crypto Custody Review: What Firms Face Next appeared first on Live Bitcoin News.
The post MiCA Regulated Exchanges Liquidity Highlights Kraken’s Lead appeared on BitcoinEthereumNews.com.
When regulators draw a line in the sand, liquidity tells you who was ready. According to data from DefiLlama, Kraken dominates MiCA-regulated exchanges in liquidity by a wide margin — sitting atop the rankings with $399.71 million in spot liquidity and $206.90 million in perpetual liquidity, both figures the highest among the sampled platforms operating under the EU’s Markets in Crypto-Assets framework. Key takeaways Kraken leads all MiCA-regulated exchanges with $399.71 million in spot liquidity and $206.90 million in perpetual liquidity. Coinbase ranks second in both categories: $305.23 million spot, $167.39 million perpetual. Kraken covers 1,704 markets — more than any other sampled MiCA-regulated exchange. Crypto.com, Bitstamp, and Bybit occupy the mid-tier of spot liquidity, ranging from $130.84 million down to $50.19 million. Backpack and OKX are notable outliers: both show p
EU officials reportedly plan to consider changes to the Markets in Crypto-Assets framework, dubbed by some as “MiCA 2.0,” in response to a US stablecoin law and rules on tokenized payments and deposits.
The post ESMA Starts First MiCA Crypto Custody Review. appeared on BitcoinEthereumNews.com.
ESMA reviews CASPs to assess custody security, governance, and operational resilience under MiCA rules. EU regulators will examine key management, incident response, and third-party service risks. Crypto custody firms face stricter oversight as MiCA shifts toward active market supervision. The European Securities and Markets Authority (ESMA) has launched its first major review of crypto custody providers under the Markets in Crypto-Assets (MiCA) framework, targeting operational resilience and asset protection standards across the European Union. ESMA Begins MiCA Review of Crypto Custody Operations On July 8, ESMA announced the launch of a Common Supervisory Action (CSA) focused on crypto-asset service providers (CASPs), with particular attention on custody services and digital operational resilience. The initiative will be conducted alongside national competent authorities across the European Un
The post Bull Bitcoin Files Landmark Legal Challenge To Annul France’s DAC8 Crypto Data Surveillance Rules appeared on BitcoinEthereumNews.com.
Bull Bitcoin exchange, recently licensed under MiCA, is challenging the European directive in French courts that sets up a mass surveillance database, putting millions of crypto users at risk. Bull Bitcoin, the world’s oldest Bitcoin-only and non-custodial exchange, recently licensed under MiCA by France’s financial markets regulator AMF, has filed a legal challenge before the Conseil d’État, France’s supreme administrative court. The challenge seeks to annul Decree No. 2025-1276, the main measure transposing the European DAC8 directive into French law, on the grounds that it creates a massive surveillance grid and database that institutions can not secure from leaks and data hacks, ultimately putting civilians at risk of kidnapping and physical harm. Alongside the legal action, the company is making dac8.com public: “a complete, fully source
The post AscenDex shutdown: Uncertainty over withdrawals as hot wallets lack funds appeared on BitcoinEthereumNews.com.
Crypto exchange AscendEx has announced the cessation of its operations “with effect from 1 July 2026.” In a letter dated July 6, it cited a lack of an EU Markets in Crypto-Assets Regulation (MiCA) licence, “as well as broader regulatory, financial and operational considerations affecting the platform.” However, towards the end of the letter, AscendEx reveals that it “relied on an agreed strategic transaction… and the counterparty did not perform.” The news comes almost two weeks after pseudonymous blockchain investigator ZachXBT voiced concerns over disruption to user withdrawals. In a June 26 message to his Telegram channel, he noted that the exchange’s “reserves appear to lack large cap tokens such as ETH, USDT, USDT, SOL, etc indicating they likely are facing liquidity issues.” Read more: SecondFi is shutting down after Cardano wallet exploit AscendEx-labelled addr
The post AscendEX Exchange Collapse Hands Europe Its First MiCA Test appeared on BitcoinEthereumNews.com.
The European Securities and Markets Authority (ESMA) launched its first supervisory sweep of licensed crypto firms on July 8, putting custody resilience under EU-wide review. It comes days after MiCA took full effect and popular crypto exchange AscendEX (formerly BitMax) collapsed. ESMA has not connected the two events. However, the timing hands regulators a live example of what failed crypto custody costs users. ESMA Custody Review Targets Crypto’s Weakest Point In its July 8 release, ESMA said the Common Supervisory Action (CSA) will assess how crypto-asset service providers (CASPs) manage custody risks. National regulators will examine a risk-based sample of authorized firms from late 2026 into early 2027. The exercise targets risks specific to distributed ledger technology (DLT). Reviewers will test governance, key and storage management, transaction controls, incident detecti
The post ESMA Crypto Custody Review Marks New Enforcement Phase appeared on BitcoinEthereumNews.com.
Europe’s crypto industry is about to face its most rigorous operational stress test yet. On 8 July 2026, the European Securities and Markets Authority launched a Common Supervisory Action targeting crypto custody — the function at the very heart of how firms protect client assets — marking a decisive shift in the ESMA crypto custody review from regulatory theory into hard enforcement reality. Key takeaways ESMA launched a coordinated Common Supervisory Action on 8 July 2026, placing crypto custody services under direct scrutiny across the EU. The review runs from the second half of 2026 through the first half of 2027, with a consolidated report expected in the second half of 2027. National competent authorities will conduct risk-based reviews of a sample of the 280 authorised providers now registered under MiCA. Ripple received full CASP authorisation from Luxembourg’s CSSF on 6 July 20
The post Tether Bets $20M on Mercado Bitcoin to Accelerate Tokenization in Latin America appeared on BitcoinEthereumNews.com.
Key highlights: Tether has invested $20 million in Latin America’s Mercado Bitcoin The investment is part of the company’s vision to expand crypto services across the region The move comes amid Tether’s MiCA challenges in Europe Tether is strengthening its presence in the Latin American crypto market with a $20 million bet on Mercado Bitcoin, the largest on-chain financial services platform in the region. With this huge investment, Mercado Bitcoin could expand its tokenization business, payments infrastructure, lending services, and global operations. Tether to Invest $20 Million in Strategic Financing Round for Mercado Bitcoin to Accelerate Onchain Financial Infrastructure in Latin AmericaLearn more: https://t.co/HImBaiwaX3 — Tether (@tether) July 7, 2026 It is worth noting that the development comes amid Tether’s regulatory challenges in the European Union. Un
