Mica | Crypto

EU officials reportedly plan to consider changes to the Markets in Crypto-Assets framework, dubbed by some as “MiCA 2.0,” in response to a US stablecoin law and rules on tokenized payments and deposits. European Union officials are reportedly planning to revise the Markets in Crypto-Assets (MiCA) framework amid the implementation of a US law on stablecoins. According to a Wednesday report from Euronews, EU officials planned to revisit proposed changes to MiCA to broaden the framework's scope, specifically regarding non-EU companies issuing stablecoins.  The revised rules, which authorities will reportedly consider in 2027, were in response to the US government’s Guiding and Establishing National Innovation for US Stablecoins, or GENIUS, Act, putting pressure on EU officials to clarify how US stablecoin issuers could be regulated in member states. Officials will also reportedly consider expanding MiCA to include rules on tokenized payments and deposits. Read more

The EU securities regulator will assess custody providers’ key management, incident response and reliance on third-party technology providers. The European Securities and Markets Authority (ESMA), a key EU regulator supporting the implementation of the Markets in Crypto-Assets (MiCA) framework, is launching a dedicated process for reviewing crypto custody providers. ESMA plans to conduct a common supervisory action (CSA) focused on the operational resilience of crypto-asset service providers (CASPs), with a specific emphasis on custody services, according to an official announcement on Wednesday. “The CSA will assess the maturity of CASPs’ digital operational resilience frameworks in relation to custody activities,” ESMA said, adding that the reviews will focus on areas including key and storage management, alongside other operational risks. Read more

The European Parliament adopted a digital assets report calling for further assessment of DeFi, staking, crypto lending and NFTs after MiCA’s transition period ended. EU lawmakers on Tuesday adopted a position paper on digital assets, setting out their view on how the bloc should approach crypto regulation after the rollout of its Markets in Crypto-Assets (MiCA) framework. The paper calls on the European Commission to assess whether activities including decentralized finance (DeFi), crypto lending and borrowing, staking and non-fungible tokens (NFTs) should be brought more clearly into the EU’s regulatory perimeter. It also urges consistent application of MiCA across member states and warns against national rules that could fragment the bloc’s digital asset market. The vote turns the report, “Digital assets – challenges for the competitiveness and integrity of the European Union’s financial system,” into Parliament’s formal policy position on digital assets, but it does not directly amend MiCA or create new l...

Decta's report said the market cap of eight MiCA-compliant euro stablecoins rose to $673.9 million in the year before Europe’s CASP transition period ended. The market capitalization of compliant euro stablecoins grew 128% in the year leading up to the end of the Markets in Crypto-Assets Regulation (MiCA) transition period, according to payments infrastructure firm Decta. Decta said in a Sunday report that the combined market cap of eight MiCA-compliant euro stablecoins rose to $673.9 million on June 28, 2026, from $295.6 million on June 30, 2025. Trading volume rose 43.1% to $67.3 million from $47 million. The number of MiCA-compliant euro stablecoins tracked in the report also rose to eight from five over the period. Decta tracked eight euro stablecoins that were actively issuing tokens and had market capitalization and trading volume during the study period. By contrast, the European Securities and Markets Authority interim MiCA register lists a broader set, including tokens that may not meet Decta's activ...

The Luxembourg approval completes the company's MiCA licensing process, enabling it to provide regulated crypto-asset services across the European Economic Area. Ripple said it has received full authorization under the European Union's MiCA crypto framework after Luxembourg's financial regulator granted the company a Crypto Asset Service Provider (CASP) license. The authorization follows Ripple's preliminary approval in June and, together with the company's existing Electronic Money Institution license, allows the blockchain payments company to offer regulated crypto-asset services across the European Economic Area (EEA). Ripple said the approval makes it one of a small number of digital asset companies with full authorization under MiCA. The company now holds more than 75 regulatory licenses worldwide, including authorization from the United Kingdom's Financial Conduct Authority secured in January. Read more

Belgium’s FSMA warned consumers about six crypto-asset service providers it added to a fraudulent CASP list days after the EU’s MiCA transitional period expired. Belgium’s financial markets regulator warned consumers against six crypto-asset service providers (CASPs) it said were operating in the country without authorization, days after the European Union’s Markets in Crypto-Assets (MiCA) licensing deadline took effect.  On Monday, the Financial Services and Markets Authority (FSMA) identified several CASPs active in Belgium without authorization under MiCA regulation. FSMA named Aurum Foundation, Bank Bit, Bithf Pro, Dxago, Global Dynamic Trade and ZeriaFunding. The regulator said it had added these entities to its list of fraudulent CASPs.  The warning indicates that national regulators are beginning to apply the MiCA licensing perimeter following the EU’s transitional period, which ended on July 1.  Read more

Lawyers and industry executives expect EU regulators to enforce MiCA differently as unauthorized crypto companies are required to wind down operations. The European Union’s cryptocurrency industry has entered a new enforcement phase as the transition period under the Markets in Crypto-Assets (MiCA) regulation came to an end. The end of the transition means crypto companies without MiCA authorization can no longer legally serve EU clients and are expected to wind down operations or face multimillion-euro fines and other enforcement action. Industry executives and lawyers told Cointelegraph the next challenge is ensuring national regulators apply the bloc’s single rulebook consistently, even as supervisory approaches are expected to vary across member states. Read more

ESMA publishes its first post-deadline MiCA register update, adding 37 crypto-asset service providers, including Standard Chartered and FalconX. The European Securities and Markets Authority (ESMA) has published the first update to its register of crypto companies under the European Union’s Markets in Crypto-Assets Regulation (MiCA) after the transitional period ended Wednesday. Friday's update to the register added 37 licensed crypto-asset service providers (CASPs), including global banking group Standard Chartered, which secured MiCA authorization from Luxembourg regulators on June 25. Among the new CASPs are digital asset prime brokerage FalconX, Sygnum Europe and Ronin EM, while the register of electronic money tokens (EMTs) has added Crédit Agricole’s CACEIS. Read more

Europe head Gillian Lynch said Binance met Greece's licensing requirements and that the company remains committed to the EU, despite withdrawing its MiCA application days before the July 1 deadline.

Europe’s MiCA regime is now up for review, known colloquially as “MiCA 2.0,” through a consultation that closes around September.

Europe's crypto market resets on July 1, when MiCA's transitional period ends and unauthorized exchanges lose the legal right to operate in the EU. Whether the deadline holds depends on the app stores on European phones. Under the ESMA's June 23 statement, unauthorized crypto exchanges must immediately stop onboarding new EU clients, opening accounts, and […] The post MiCA’s July 1 deadline is Europe’s first crypto user-migration test – OKX interview appeared first on CryptoSlate.

The EU is reviewing whether its landmark crypto regulation MiCA needs updating for a market reshaped by stablecoins and tokenization.

The EU deadline is not a direct UK cutoff, but account entity and platform notices still matter. The post Will UK traders lose crypto exchange access after MiCA’s July 1 deadline? appeared first on CryptoSlate.

Several exchanges that have already been authorized by EU regulators are attempting to bring in users from companies unlicensed under the Markets in Crypto-Assets rules, offering transfer bonuses and prizes. Cryptocurrency exchanges already approved to operate in European Union member states under the soon-to-be enforced Markets in Crypto-Assets (MiCA) framework are incentivizing users from companies that failed to gain license approval. With MiCA restrictions set to be enforced starting on July 1, executives of cryptocurrency exchanges including Coinbase and OKX have taken to social media to sway users from soon-to-be unauthorized companies, like Binance and Bybit Global.  The world’s largest crypto exchange, Binance, said that it would restrict services for EU-based users after withdrawing its MiCA application last week. Bybit Global on Monday said access to services for users in the European Economic Area “will be progressively limited” starting on July 1, though its Bybit EU arm is authorized to operate u...

MiCA crypto licensing data shows 244 approved companies across EU and EEA jurisdictions, led by Germany with France and the Netherlands also among top hubs ahead of July 1 cliff. Update 2:00 pm UTC, June 29: Added comment from Germany’s Federal Financial Supervisory Authority (BaFin). The European Union’s Markets in Crypto-Assets Regulation (MiCA) framework is producing uneven crypto licensing across member states and European Economic Area (EEA) jurisdictions, with Germany leading approvals under the new regime that takes effect on Wednesday. Data from the European Securities and Markets Authority (ESMA) interim register, compiled on Friday, shows Germany has 57 MiCA-authorized crypto-asset service providers (CASPs), accounting for about 23% of the 244 total licenses issued. Read more

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.

Ripple secured preliminary approval as a Crypto-Asset Service Provider from Luxembourg's financial regulator, the CSSF, on June 23. The approval was delivered as a “Green Light Letter,” which the company is pairing with the EMI license it finalized in the same jurisdiction in February. Together, the two approvals put Ripple inside MiCA's perimeter, where one […] The post Ripple’s MiCA win is not a full license yet – Here’s what it still has to prove appeared first on CryptoSlate.

Early exchange flow data show no clear signs of a mass migration from Binance ahead of the EU MiCA transition deadline, despite rivals' efforts to attract users. Binance recorded over $400 million in net outflows during the week beginning June 22, as the cryptocurrency exchange announced the withdrawal of its Markets in Crypto-Assets Regulation (MiCA) license application in Greece. According to DefiLlama data viewed by Cointelegraph on Sunday, Binance's seven-day net outflows amount to 0.3% of its $133.3 billion in tracked assets. Excluding BNB, Binance's native token, the outflows equal 0.35% of the exchange's $113.8 billion in crypto assets. Read more

The European Union's Markets in Crypto-Assets (MiCA) has triggered a fight among licensed crypto exchanges to capture users and deposits from platforms that may no longer be allowed to serve the bloc. The new regulation, which is set to take full effect on July 1, hardens the line between firms with bloc-wide authorization and those still […] The post European crypto users are being paid to move before MiCA closes the door appeared first on CryptoSlate.

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...