MiCA

MiCA

Policy

Dubai set for crypto firm influx as MiCA deadline pushes companies to reassess Europe

Dubai lawyer Irina Heaver says European founders are flocking to the UAE for faster licensing, a dedicated crypto regulator and access to markets beyond Europe.

Irina Heaver, crypto lawyer NeosLegal. (Irina Heaver/NeosLegal)

Finance

MiCA's looming deadline could leave 10 million crypto users without a platform in the EU

As MiCA takes full effect on July 1, SwissBorg's Alex Fazel told CoinDesk users should choose platforms built to withstand EU regulators' tightening oversight.

People standing in a line, silhouetted against a large window.

Policy

Europe’s unlicensed crypto firms face ‘wipeout’ as MiCA deadline hits

European regulator ESMA called on unauthorized crypto-asset service providers to wind down their businesses in an orderly manner as the MiCA transitional period ends on July 1.

ESMA headquarters, white office block.

Finance

Coinbase and OKX try to lure in Binance’s EU users after it failed to secure a MiCA license

Brian Armstrong of Coinbase and Star Xu of OKX offered new users sign up bonuses of up to 8% of their deposits or transfers from other accounts.

Coinbase CEO Brian Armstrong at the White House

Policy

Binance tells EU users it will no longer provide services after failing to secure MiCA license

A day after withdrawing its MiCA license application in Greece and saying it is ‘not leaving Europe,’ Binance notified users across the European Union that it will suspend some services.

European Union Flag (Christian Lue/Unsplash)

Policy

Binance withdraws Greek MiCA bid but vows to remain in Europe

The crypto giant must find a home base in the EU by July 1 or regulators will force the company to shut down operations for millions of regional users.

ESMA headquarters, white office block.

Policy

Ripple targets EU, wins preliminary MiCA approval from Luxembourg financial regulator

The license will enable Ripple to offer its stablecoin payment systems to European companies and expand into broader crypto functions.

Brad Garlinghouse at DC Fintech Week (Jesse Hamilton/CoinDesk)

Policy

Malta's financial regulator explores bringing parts of DeFi under MiCA's orbit

The MFSA is seeking feedback on whether decentralization should be assessed as a spectrum rather than a binary concept.

Malta. Credit: Shutterstock

Finance

The startup killer: Ledger CTO says the EU's crushing compliance costs are choking Web3 innovation

Industry insiders warn that MiCA's steep financial barriers are choking early-stage innovation.

Charles Guillemet. Ledger CTO. (Olivier Acuna/CoinDesk)

Finance

Banca Sella gets green light to provide crypto services to customers in Italian first

The fintech-forward private bank said it is the first Italian lender to get Bank of Italy approval under MiCA to offer digital asset custody and transfers.

Banca Sella name on the side of large office building.