The post Self-Custody Is the Trade Again appeared on BitcoinEthereumNews.com.
“Not your keys, not your coins” felt like a slogan for the paranoid. Exchanges were slick, convenient, and mostly worked. So why wrestle with a seed phrase when an app would hold everything for you? Then 2026 happened, and the question flipped. Now the interesting one is: do you actually know who’s holding your crypto, and if they’ll still be allowed to next month? The map just got redrawn On July 1, the EU’s crypto rulebook (MiCA) hit its hard deadline. Any exchange or custodian serving EU users now needs a license, and a lot of them don’t have one; only a handful of platforms hold a full trading license across the bloc. Binance, the biggest exchange on earth, confirmed it’s pulling back from EU users, unable to get authorized in time. Tether’s USDT got delisted from regulated venues, and dozens of smaller platforms are winding down or geo-blocking European customers entirely. MiCA is, on balance, good for u
The post Jailed Fraudster Charged With Moving $290K in Forfeited Crypto From Prison appeared on BitcoinEthereumNews.com.
In brief Rossen Iossifov, a Bulgarian national serving 111 months for laundering nearly $5 million, has been charged with conspiring to move $290,000 in cryptocurrency that a court had ordered forfeited. Prosecutors say he ran the transfers through multiple exchanges and mixing services in January 2024, while already in federal prison. Should he be found guilty of the new charges, Iossifov faces up to 25 years in prison. A Bulgarian man already serving time for one of the larger crypto laundering cases prosecuted in the U.S. has been charged with pulling off another scheme from inside federal prison, allegedly moving $290,000 in cryptocurrency that a court had ordered him to forfeit. Rossen Iossifov, 53, made his first court appearance in the Eastern District of Kentucky this week on charges of removing property to prevent seizure, aiding and abetting, and conspiracy
The EU's intensified scrutiny of Meta could reshape tech regulations, emphasizing accountability and potentially altering platform designs.
The post EU escalates probe into Meta Platforms over user safety concerns appeared first on Crypto Briefing.
The EU's actions could reshape industry standards, forcing social media giants to prioritize child safety over engagement-driven revenue models.
The post EU accuses Meta of addictive design harming children, potential fine could hit 6% of global revenue appeared first on Crypto Briefing.
The post ESMA Market Capitalisation Data Unveils EU Financial Insights appeared on BitcoinEthereumNews.com.
A new transparency mechanism is now live in EU financial markets. The European Securities and Markets Authority has released its first-ever batch of ESMA market capitalisation data for EU Member States, covering reference years 2024 and 2025 — and the publication carries more regulatory weight than a routine data drop might suggest. Key takeaways ESMA published annual market capitalisation figures and ratios for all EU Member States for 2024 and 2025 on July 10, 2026. This is the first implementation of ESMA’s mandate under the FASTER Directive, marking a new phase in EU financial market regulation. Member States whose market size exceeds 1.5% of total EU market capitalisation for four consecutive years become subject to specific withholding tax relief requirements. ESMA developed dedicated technical standards governing the calculation methodology behind the figures. Updated figu
The post EU revives chat scanning rules but exempts encrypted messages appeared on BitcoinEthereumNews.com.
The European Parliament has backed temporary rules allowing technology companies to scan private communications voluntarily for child sexual abuse material until 2028. Summary Lawmakers revived voluntary chat scanning while protecting end-to-end encrypted communications through a new parliamentary amendment. The amended proposal now returns to EU ministers, who have three months to respond formally. Crypto groups warn device-level scanning could expose wallet credentials, security keys and open-source software developers. However, lawmakers also approved an amendment excluding messages protected by end-to-end encryption. The amended proposal will now return to the Council of the European Union for review. EU lawmakers fail to block chat scanning extension Parliament voted on July 9 to revive the temporary legal framework known as “Chat Control 1.0” by its critics. The previous ru
The post Binance Reveals Where Its EU Users Went After MiCA appeared on BitcoinEthereumNews.com.
When the EU’s MiCA transition deadline reshaped the European crypto market on July 1, the big question was simple: where would displaced users go? Binance has now offered an answer — and it is not the one Brussels was hoping for. Here is what the numbers show and why licensed regulated crypto exchanges are throwing serious money at anyone willing to move. What Did Binance’s CEO Reveal About EU Users? Speaking at the Reuters NEXT Asia summit in Singapore on July 9, Binance co-CEO Richard Teng dropped a striking statistic. Of the EU users who withdrew funds from the platform after the MiCA transition, roughly 70% moved their crypto into self-hosted wallets, while only about 30% flowed to MiCA-regulated entities. Teng, a former regulator himself, framed it as a warning shot at the EU. His argument: pushing users toward self-hosted wallets actually undercuts the consumer protection MiCA was des
