MiCA Transition Period Ends, Reshaping EU Crypto Market
The EU MiCA transition period ended on July 1, 2026. Only licensed crypto-asset service providers can now legally operate across the European Economic Area.
The EU MiCA transition period ended on July 1, 2026. Only licensed crypto-asset service providers can now legally operate across the European Economic Area.
Gate Europe secured MiCA and Payment Institution licenses before the EU deadline on July 1, 2026. Unlicensed crypto platforms must now exit the European market.
Taiwan’s Legislative Yuan passed the Virtual Asset Service Act, expanding crypto oversight to licensing and stablecoin regulation. The law sets reserve rules, audits, and criminal penalties.
Circle shares dropped nearly 15% after Open Standard unveiled Open USD, a consortium-backed stablecoin targeting USDC’s enterprise user base and reserve revenue model.
Binance is winding down its EU services under the Markets in Crypto-Assets regulation. The move tests the exchange’s market dominance and compliance framework.
AI agents are being integrated into crypto wallets and exchanges with transaction signing authority. Industry participants call for tiered permissions and strict spending limits to manage new risks.
Binance will halt crypto services in multiple EU countries from July 1, 2026, due to the MiCA licensing deadline. The exchange withdrew its Greek application and is seeking approval elsewhere.
South Korea imposed a 210 million won fine on Bithumb for unauthorized overseas data transfers. Regulators cited consent violations and ordered corrective measures.
Rosen Law Firm has opened an investigation into Strategy, formerly MicroStrategy, over potential misleading statements on its Bitcoin strategy and related securities. No lawsuit or regulatory action has been filed.
Pump.fun is hiring a Chief Legal Officer with a base salary of up to $5 million while facing a class action lawsuit in New York that includes RICO claims.