MiCA
XRP On-Chain Activity Surges 71.7% as Ripple Secures EU License
XRP Ledger activity has exploded 71.7% over the past two weeks, with daily active addresses surging from 23,000 to 39,500, even as XRP price declined 1.38% in the past 24 hours to trade at $1.04. This stark divergence between on-chain engagement and market price comes as Ripple secured a critical regulatory milestone in Europe, receiving...
Binance Exits EU Over Failed MiCA License as Competitors Gain Ground
Binance, the world’s largest cryptocurrency exchange by trading volume, is suspending most services across the European Union starting July 1 after failing to secure a Markets in Crypto-Assets (MiCA) license by the regulatory deadline. The exchange withdrew its application with Greece’s Hellenic Capital Market Commission on June 24, just one week before the bloc-wide authorization...
Ripple Secures EU MiCA License, Eyes 30-Nation Expansion
Ripple has secured a preliminary Crypto Asset Service Provider license from Luxembourg’s Commission de Surveillance du Secteur Financier under the European Union’s Markets in Crypto-Assets (MiCA) regulation, marking a watershed moment for the company’s continental expansion. The approval, granted on June 23, 2026, positions Ripple Payments to operate across all 30 European Economic Area nations...
Here’s What Happened in Crypto Today
Bitcoin fell 2.5% to $62,000 as Federal Reserve official Kevin Warsh extinguished market hopes for near-term rate cuts, while the European Union handed an enforcement deadline to unlicensed crypto firms and the Ethereum Foundation announced significant restructuring involving 54 staff reductions and a 40% budget cut. The selloff underscores mounting pressure on digital assets from...
Ripple Wins EU CASP License Before MiCA July 1 Deadline
Ripple has secured preliminary approval for a Crypto Asset Service Provider license from Luxembourg’s financial regulator, enabling the payments firm to scale regulated digital asset services across the entire European Economic Area. The milestone arrives just eight days before the European Union’s hard MiCA enforcement deadline of July 1, 2026, positioning Ripple among fewer than...
EU Sets July 1 Deadline for Unlicensed Crypto Firms to Exit
The European Securities and Markets Authority has issued a final enforcement deadline requiring all unlicensed cryptocurrency service providers to cease EU operations by July 1, 2026, marking the first major regulatory crackdown under Europe’s Markets in Crypto-Assets regulation. The order, issued June 23, affects an estimated 900 to 1,000 firms currently operating without proper licensing...