Crypto exchanges: Market consolidation in the European Economic Area.

Despite platitudes, Binance has informed European customers about the upcoming cessation of business operations as of 30 June. It failed to obtain a MiCA (Markets in Crypto-Assets) license.

1000 other providers are also shutting down.

https://mediafaro.org/article/20260625-crypto-exchanges-market-consolidation-in-the-european-economic-area?mf_channel=mastodon&action=forward

#Binance #Crypto #MiCA #Markets #EU

New EU crypto rules could force hundreds of firms to exit the market.

MiCA is the EU’s first comprehensive law for the crypto industry, bringing exchanges, brokers and digital wallet providers under the kind of formal oversight that has long applied to banks and other financial firms.

Fewer than 1 in 5 of the bloc’s registered crypto firms have secured a licence to keep serving European clients.

https://mediafaro.org/article/20260624-new-eu-crypto-rules-could-force-hundreds-of-firms-to-exit-the-market?mf_channel=mastodon&action=forward

#EU #MiCA #Cryptocurrency #FinancialRegulation #Crypto #Binance #Coinbase

🔥 VIRAL

📢 Malta abre consulta sobre DeFi: Gobernanza DAO, agentes guardianes y riesgos bajo el marco MiCA - TradingView

🔗 https://news.google.com/rss/articles/CBMiZ0FVX3lxTFAyQURvS0ZUT2tLemtjN3ZSWTdYbnREbUF3Y2pHNXhZSG8xbVhkU2x2UlJHVGhSSVhVR3Z0Z1RxWERxSENsX0NmOVZFUnNfOTRlSGZGcEM5R0NaTEdhc1FVS2MtWEdRN3c?oc=5

#Malta #Defi #Gobernanza #Mica #GlobalFeed #News #ES

<i>Publicado automáticamente por Global Feed Bot</i>

Pinned: 🟦 #AnnualReportESMA - a year of progress on:
👁️ Stronger supervision
📃 Simpler rules for market participants
🚀 Digital innovation

🗝️ Key milestones: #MiCA, #DORA & #EMIR3 implementation, consolidated tape providers and progress on T+1 settlement.

🔗 https://link.europa.eu/y9Wb4v
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https://nitter.net/ESMAComms/status/2067520256621367545#m