Latest updates, press releases, and insights from the volatile world of digital assets.
AscendEX ceased operations on July 1, 2026, citing the EU's MiCA rules and financial challenges. The platform warned users that full recovery of balances cannot be guaranteed as withdrawals face manual reviews and potential delays
The European Union is set to review its Markets in Crypto-Assets Regulation in 2027, focusing on foreign stablecoin issuers and emerging tokenization developments following recent US legislation
Bitcoin Suisse Group’s subsidiary BTCS (Middle East) Ltd. has obtained Financial Services Permission from ADGM’s FSRA, allowing regulated digital asset services for institutional clients in the UAE
Coinbase has obtained UK investment services authorization, enabling retail users to trade equities and institutional clients to access derivatives alongside crypto on its platform
Ripple has secured full Crypto Asset Service Provider authorization in Luxembourg, enabling regulated crypto payments across 30 European Economic Area countries as MiCA rules take full effect
Binance suspended spot and margin trading for users in France and several other EU countries after missing the MiCA compliance deadline on July 1, 2026, affecting around 2 million French accounts while withdrawals remain open
Revolut is removing support for Tether's USDT stablecoin in eligible European accounts due to the EU's Markets in Crypto-Assets framework. Users have until August 31 to act on their holdings
Binance experienced more than $400 million in net outflows during the week starting June 22 as the July 1 MiCA transition deadline approaches following its withdrawal of a license application in Greece
The European Union has granted around 230 licenses under its Markets in Crypto-Assets regulation. Germany tops the list with 56 approvals as the July 1 transitional deadline draws near, leaving many firms at risk of market exclusion
Spain’s CNMV has confirmed that crypto companies without MiCA licenses by July 1 will face no waivers or delays, requiring them to halt new operations in the EU market
