EU officials are reportedly planning to revise the Markets in Crypto-Assets (MiCA) framework, potentially in 2027, in response to the US GENIUS Act on stablecoins. The revisions may broaden MiCA's scope to include non-EU companies issuing stablecoins and tokenized payments/deposits.
The EU is reviewing its crypto regulations to address non-EU stablecoin issuers and emerging technologies like tokenization. Stakeholder consultations are ongoing, with lawmakers deeming a review inevitable due to global developments and institutional pressure.
As MiCA rules take effect July 1, EU-approved crypto exchanges like Coinbase and OKX are offering incentives to attract users from companies like Binance and Bybit Global, which are restricting services in the EEA due to license issues. Bybit is simultaneously expanding its business in the Middle East and North Africa.
Binance, Yunanistan'daki MiCA lisans başvurusunu bürokratik gecikmeler nedeniyle geri çekti. Şirket, Avrupa pazarındaki uzun vadeli hedeflerine ulaşmak için rotasını başka bir AB ülkesine çevirdi.
Cryptocurrency exchange Binance informed some EU users that services will be affected after it withdrew its application for EU regulation via Greek authorities, aiming to secure authorization in another member state. This comes ahead of the July 1 MiCA deadline, with rivals capitalizing on Binance's compliance challenges and past legal issues.
Cryptocurrency exchange Binance has withdrawn its application for EU regulation via Greek authorities, impacting some users. The company aims to secure a license in another EU member state before the July 1 deadline.
Ireland's government has launched a new action plan to combat financial crime, specifically naming crypto-assets as an evolving threat. Measures include enhanced safeguards for digital finance and establishing industry standards for verifying crypto funds.
