Latest updates, press releases, and insights from the volatile world of digital assets.
Binance co-CEO Richard Teng stated that after the exchange scaled back EU services due to MiCA compliance deadlines, most users transferred funds to private wallets rather than licensed platforms, with 70% opting for self-custody and 30% moving to regulated venues
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
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
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
Binance has withdrawn its MiCA license bid in Greece and will pursue approval elsewhere, triggering service restrictions for EU users starting July 1 as the regulatory deadline arrives. The exchange maintains it is not leaving Europe and user funds remain secure
Binance has pulled its MiCA application in Greece and plans to seek authorization in another EU member state ahead of the July 1 deadline, while reaffirming its commitment to remain active in the European market
Binance, the world's largest crypto exchange, is on track to lose its ability to serve EU clients after July 1, 2026, following an expected rejection of its MiCA license bid in Greece. Competitors with approvals stand to gain
