Mica | Crypto

Carlos San Basilio said that “there will be no exceptions ​or extensions” to the MiCA deadline requiring crypto exchanges offering services to EU-based users to be licensed. The chair of the Spanish National Securities Market Commission reportedly said that there would be no extensions or waivers for crypto companies that did not receive approval to operate in European Union member states under the Markets in Crypto-Assets (MiCA) framework by July 1.  According to a Friday Reuters report, Chair Carlos San Basilio said that “there will be no exceptions ​or extensions” to the July 1 MiCA deadline, referring to Binance and other cryptocurrency exchanges affected by the framework. Binance’s operations in the EU are expected to scale back after it withdrew its application with Greece’s Hellenic Capital Market Commission and had not received approval from any other authority as of Friday. “What we are concerned about, however, is how this period — the end of the transitional period — will unfold, and how the adapta...

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.

Binance withdrew its MiCA application in Greece after reported resistance and told users the absence of a formal decision before the transition deadline forced it to seek authorization elsewhere. Reports noted that talks with regulators in Ireland and Latvia had also encountered friction, though Binance maintains that Greece was its only formal application. ESMA has […] The post Why Europe is struggling to give Binance the MiCA license it needs appeared first on CryptoSlate.

Binance will limit EU onboarding and services from July 1 under MiCA rules after failing to gain authorization from a member state, while withdrawals remain available for users. Binance has notified European Union users that access to key services will be restricted after the exchange failed to secure Markets in Crypto-Assets (MiCA) authorization from a member state before a July 1 deadline. Those restrictions include halting the onboarding of new EU users and limiting certain services for EU-based accounts effective July 1, according to exchange notices shared by users on social media. The notices said users will still be able to withdraw their assets after that date, stating that “all digital assets are still available for withdrawal,” in line with applicable regulatory requirements. Read more

Bitcoin price rebounds after selloff, but Iran CoinEx claims, Clarity Act, Trump CBDC debate and MiCA dominate headlines The post Crypto News, June 25: Bitcoin Price 20-Month Low, Iran Coinex Controversy Grows While Clarity Act, MiCA and Trump CBDC Debate Heat Up appeared first on Cryptonews.

Poland-founded crypto exchange Kanga has secured a Class 3 MiCA license in Latvia, enabling EU-wide crypto services as Polish lawmakers debate framework's implementation. Kanga, a crypto exchange founded in Poland, said it has obtained a Markets in Crypto-Assets Regulation (MiCA) license in Latvia, allowing it to provide services across the European Union in accordance with the cross-border notification procedure under the framework. SIA AlphaRoute, operating under the Kanga Exchange EU brand, received a Class 3 MiCA license from the Bank of Latvia after its Supervisory Committee approved the authorization, according to a Wednesday statement shared with Cointelegraph. The license was granted on June 18 and authorizes the company to provide services, including crypto custody, trading and transfers, across the EU, said the exchange. Read more

OpenPayd, which provides infrastructure to companies including Kraken crypto exchange, can now offer regulated crypto services across Europe under MiCA. Financial infrastructure provider OpenPayd said Wednesday that it has secured authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCA), allowing it to offer crypto services across the European Economic Area (EEA) via passporting. The license lets OpenPayd operate as a crypto asset service provider (CASP) to offer services such as fiat-to-stablecoin on-ramping and off-ramping, the company said in a statement seen by Cointelegraph. “Stablecoins are rapidly becoming part of mainstream financial infrastructure,” OpenPayd CEO Iana Dimitrova said, adding that MiCA gives businesses greater confidence to use digital asset technology for payments, treasury operations and growth. Read more

Ripple is pursuing a coordinated expansion of its stablecoin infrastructure across Europe and Africa, combining a strategic investment in payments company Flutterwave with preliminary regulatory approval in the European Union to widen the reach of its digital-asset services. The dual-track strategy targets high-volume cross-border payment and remittance corridors in sub-Saharan Africa while giving Ripple a […] The post Ripple gives RLUSD a MiCA foothold in Europe and route into African payments – but is volume there? appeared first on CryptoSlate.

Ripple secures preliminary CASP approval in Luxembourg ahead of July 1 MiCA deadline as companies race for EU crypto licensing. Luxembourg's financial regulator granted Ripple preliminary approval for a crypto asset service provider (CASP) license under the European Union’s Markets in Crypto-Assets Regulation (MiCA), the company said Tuesday. Ripple said in a statement that the approval, once finalized, would allow it to offer regulated crypto services to banks, fintechs and other businesses across all 30 countries in the European Economic Area (EEA) through a single regulatory passport. The move builds on Ripple's existing Electronic Money Institution (EMI) license in Luxembourg, which allows it to provide regulated cross-border payments and electronic money services across the EEA. The update comes just days before the July 1 transitional deadline, when EU countries begin fully applying MiCA rules. Read more

BitGo's Bielik deal shows how customer access can survive while regulated infrastructure concentrates underneath. The post MiCA deadline likely to shift smaller crypto apps into licensed custody rails appeared first on CryptoSlate.

The European Commission is seeking comment on how it can tweak MiCA, its regulatory framework for the crypto and blockchain industries. In May, the European Commission opened a comment period, seeking feedback on regulations for the cryptocurrency and blockchain industries. The comment period will precede eventual revisions and additions to the Markets in Crypto Assets (MiCA) legislative framework. Some have already dubbed the expected new framework “MiCA 2.0.” Katie Harries, director and head of policy for Europe at Coinbase, told Cointelegraph that there are several key areas where “refinements could help ensure the framework remains competitive in the next phase of digital asset regulation.” Read more

The Austrian authorization gives WhiteBIT access to the EU's unified crypto framework, which will require exchanges to hold MiCA licenses or stop serving clients after July 1. Crypto exchange WhiteBIT has obtained authorization under the European Union's Markets in Crypto-Assets Regulation (MiCA) from Austria's Financial Market Authority, allowing the company to offer regulated crypto services across the European Economic Area through a single license. Under MiCA, crypto companies authorized in one European Union member state can passport their services across the European Economic Area without obtaining separate licenses in each jurisdiction. WhiteBIT said the authorization will support the launch of a dedicated European platform, whitebit.eu. WhiteBIT said W Group, its parent company, serves more than 35 million customers globally. Founded in 2018, the exchange has partnerships with Visa, FACEIT, FC Barcelona, Juventus and Ukraine's national football team. Read more

Lawyers say MiCA rules do not bar the European Central Bank from communicating with national regulators during the application process, though crypto licensing decisions remain with member states. Binance’s faltering European Union Markets in Crypto-Assets Regulation (MiCA) license application in Greece has raised questions about whether the bloc's central bank may have played an informal role in the process, despite not having formal authority over licensing decisions. Even though MiCA assigns approval of crypto-asset service provider (CASP) licenses to national competent authorities (NCAs), lawyers told Cointelegraph that its wording does not prevent other EU institutions, including the European Central Bank (ECB), from communicating with those regulators during the review process. “Nothing in the MiCA framework would prevent a third party like the ECB from offering its opinion to that national authority on Binance's application,” David Lesperance, founder at Lesperance & Associates, told Cointelegraph. Rea...

BitGo launches a MiCA-compliant crypto infrastructure platform in Europe as exchanges face pressure to meet July 1 licensing rules across the EU. BitGo, a crypto custody company, is moving into Europe’s tighter regulatory landscape as exchanges race to maintain access ahead of a key licensing deadline. BitGo Europe launched a crypto-as-a-service platform aimed at meeting the European Union’s Markets in Crypto-Assets Regulation (MiCA), the company said in a statement shared with Cointelegraph on Wednesday. BitGo CEO Mike Belshe said companies shouldn’t leave users waiting during licensing delays, arguing that regulated infrastructure can keep platforms active in the meantime. Read more

Crypto news today starts with the feels-incomplete US-Iran deal, yet FTX claims payout progress, and ETH USD potential plot twist. The post Crypto News, June 17: Kevin Warsh First FOMC, Binance vs. MiCA as CZ Takes on Hyperliquid, and BTC USD Grinds Sideways appeared first on Cryptonews.

On July 1, 2026, the temporary permission that lets crypto companies keep operating in Europe while they wait for a proper MiCA license runs out, and it creates a huge problem that lands straight on ordinary users. Europe's crypto law, known as MiCA, requires any exchange, broker, or wallet service that wants EU customers to […] The post Millions of EU crypto users face exchange cutoff as MiCA deadline hits in days appeared first on CryptoSlate.

Polish President Karol Nawrocki vetoed a bill to implement MiCA for the third time, just weeks before the end of the EU crypto framework's transitional period. Polish President Karol Nawrocki vetoed a cryptocurrency regulatory bill for the third time, which sought to implement Europe's Markets in Crypto Assets Regulation (MiCA) in the country. Nawrocki said Thursday he supports regulating the cryptocurrency market but argued that the government incorporated only one of 16 key amendments proposed by his office. He said that the text was nearly identical to the previous two drafts he refused. The third veto of the bill delays Poland's alignment with the EU-wide regulatory framework just weeks before the end of MiCA's transitional period on July 1. Following the end of the grace period, crypto asset service providers will be required to hold a MiCA license or stop servicing EU clients. Read more

One of MiCA's architects said he sees no need to regulate DeFi as the European Commission gathers feedback on the framework's future. The European Union should focus on a broader digital asset framework covering real-world assets and tokenization instead of regulating decentralized finance through a second version of the Markets in Crypto-Assets Regulation (MiCA), an adviser at the European Commission said. The European Commission launched a public consultation on MiCA in May, seeking feedback through Aug. 31. "I do not believe that [MiCA] is outdated now. That’s my personal opinion, but it does not matter. That’s why we have this consultation,” Peter Kerstens told Cointelegraph during a fireside chat at WAIB Summit Monaco 2026. Read more

The ESMA says crypto companies without MiCA authorization must stop serving EU clients from July 1, even if their licence applications remain under review. The European Union’s Markets in Crypto Assets Regulation hits a hard deadline on July 1 when the transitional period ends and in-scope crypto asset service providers operating under national regimes must either hold a MiCA licence or stop serving EU clients. A spokesperson from the European Securities and Markets Authority (ESMA) told Cointelegraph that from that date, non-authorized entities “will not be allowed to operate within the EU” and should implement wind-down and client migration plans rather than rely on open-ended transitional status while awaiting a decision. The deadline could force some crypto firms to suspend EU operations while their applications remain under review, potentially affecting millions of users who continue to engage with platforms that are not yet authorized under MiCA. Read more

The European Union's Markets in Crypto Assets regulations first took effect in 2024, but gave crypto service providers time to fully comply with the framework. The French Financial Markets Authority (AMF) warned that crypto companies operating in the country without a license have until June 30 to acquire the permits or exit the country. AMF President Marie-Anne Barbat-Layani told a press event on Thursday that crypto companies that fail to obtain a license by the deadline must have "orderly wind-down ⁠plans" to offload customers and end their operations, according to Reuters. Under the European Union’s Markets in Crypto Assets (MiCA) regulatory framework, crypto service providers are required to have licenses to operate, but can acquire a license in any of the 27 EU member states and “passport” the license to any of the other member nations. Read more