license

According to The Block, Binance founder Zhao Changpeng stated that the MiCA license application submitted by Binance in Greece fully complied with regulatory requirements and was close to approval before being withdrawn, but ultimately the process was interrupted due to "external political factors."In an interview, Zhao Changpeng mentioned that several countries within the EU had expressed interest in the license, and there was even a certain degree of "competitive pursuit," but the regulatory progress was ultimately affected by non-regulatory factors, forcing the application to be withdrawn. Binance officially withdrew its application in Greece last week and stated that it would turn to other EU member states to continue pursuing MiCA authorization.In response to market rumors regarding his connections with high-level EU politicians, Zhao Changpeng stated that he had not seen any verifiable documents and only saw similar claims online, which he did not confirm. Zhao Changpeng also pointed out that the EU MiCA transition period will officially end on July 1, at which time platforms that have not obtained licenses must cease related services. Regulatory agencies in various countries have made it clear that they will not postpone enforcement, and they evaluate this outcome as a "lose-lose situation," using the regulatory processes in Japan and Singapore as examples to emphasize that compliance processes often require a longer period.Additionally, when discussing Strategy's STRC preferred stock product, Zhao Changpeng stated that its structure is "too complex" and expressed difficulty in fully understanding its mechanism, but emphasized that he does not comment on the credibility of its founder Michael Saylor, considering him a "staunch supporter of Bitcoin."

According to the latest social media news from CoinGecko, Gate is competing with platforms like Coinbase and OKX for the increase of EU users. Gate continues to advance its European compliance process, and Gate Group's Malta entity, Gate Europe, has obtained European MiCA and PI licenses under the supervision of the Malta Financial Services Authority (MFSA), strengthening its global compliance framework.In addition, relying on a rich array of trading products, robust platform services, and global operational capabilities, Gate actively meets the growing demand for digital asset trading in the European market. This layout not only enhances Gate's localized service capabilities in the European market but also provides solid support for the platform in terms of user trust, fund security, compliance operations, and long-term market expansion, highlighting its compliance competitive advantage among global crypto trading platforms.

According to Cointelegraph, the Dubai Virtual Assets Regulatory Authority (VARA) has granted the 50th Virtual Asset Service Provider (VASP) license to the tokenized asset platform Tribe Tokenisation FZE. VARA stated that licensed enterprises must undergo a controlled operation phase before officially providing services. By the end of 2025, 39 licensed VASPs will be fully operational, and the latest data for 2026 is still being verified. In comparison, Singapore currently has 37 licensed digital payment token service providers, while Hong Kong has only 13 licensed virtual asset trading platforms.

According to Cointelegraph, Binance recorded over $400 million in net outflows this week after the exchange announced the withdrawal of its MiCA license application in Greece.According to DefiLlama data, the net outflow this week accounted for 0.3% of Binance's tracked assets ($133.3 billion). On Wednesday (the day the withdrawal was announced), the net outflow was $1.96 billion, followed by outflows of $2.52 billion and $1.46 billion over the next two days.The EU MiCA transitional period is currently in its final stage, and starting from July 1, platforms that are not authorized under MiCA will no longer be able to provide related services to EU users. Binance has begun notifying some EU users to transfer their funds to self-custody wallets or other exchanges.Binance co-founder He Yi stated that although the European market accounts for only about 1% of its spot trading volume, the company still values this market and will continue to advance its MiCA license application.

According to lesechos, the MiCA regulation will officially take effect on July 1, 2026. Cryptocurrency service providers that do not obtain this license will be unable to offer new services in the EU. Currently, a total of 230 MiCA licenses have been issued in Europe, with Germany leading with 56 authorizations, followed by the Netherlands with 26, France with 21, Malta with 15, Cyprus with 13, and Ireland with 12.In France, approximately 40% of regulated cryptocurrency service providers had not submitted license applications previously. The increase in compliance requirements has led some smaller traditional cryptocurrency institutions to face the prospect of being acquired or going out of business.

According to a report by Reuters, Carlos San Basilio, the chairman of Spain's market regulator CNMV, stated that for cryptocurrency companies that fail to obtain the EU MiCA license by the end of June, the regulator will not grant any extensions or exemptions, and large platforms must exit the EU market in accordance with regulations.The regulator is maintaining close communication with unauthorized companies, focusing on their exit plans and arrangements for the transfer of customer assets to protect investor rights. He also warned that investors who engage in new transactions on unauthorized platforms will no longer enjoy protection under the MiCA framework.

According to Cointelegraph, the Australian Securities and Investments Commission (ASIC) announced an extension of the temporary enforcement exemption period for digital asset businesses applying for an Australian Financial Services (AFS) license until September 30, 2026, extending the previous deadline of June 30 by three months.This extension also broadens the scope of the exemption, including digital asset businesses operating through authorized representatives or arrangements with licensed company intermediaries in the transitional protection period. ASIC stated that since the update of the digital asset regulatory guidelines in October 2025, approximately 30 license applications have been received.It is noteworthy that this extension is independent of Australia's "Digital Asset Framework," which was passed by Parliament in April this year and is scheduled to officially take effect on April 9, 2027. ASIC warned that businesses licensed under the current guidelines may still need to obtain additional authorizations after the new framework is implemented.

According to the Financial Times, due to the failure to obtain a license under the EU's Markets in Crypto-Assets Regulation, Binance will stop providing services to certain customers in the EU starting next week and has notified customers in Poland, Italy, Spain, and France to withdraw their funds.

According to the official announcement, Luxembourg has officially become the registered location of Coinbase under the European Union's Markets in Crypto-Assets Regulation (MiCA) framework (MiCA Home). In the future, Coinbase will use Luxembourg as its EU business center to provide compliant crypto asset services to users in EU member states.

According to official news, Binance has announced that it has decided to withdraw its MiCA license application submitted in Greece and instead seek authorization in another EU member state. The company stated that this move is based on a prudent assessment of the current approval progress and timeline in Greece, emphasizing that user interests are at the core of the decision.Binance stated that Europe remains an important market for it, and its commitment to operate in compliance with the EU MiCA unified regulatory framework remains unchanged. It expects to obtain the relevant licenses in a new member state within the next few months, but the specific country will be announced "when ready."

According to Le Figaro, the French cryptocurrency platform Paymium announced that it has obtained the official EU MiCA license issued by the French Financial Markets Authority (AMF), allowing it to continue providing cryptocurrency trading services in the EU after the new regulations come into effect.The company was founded in 2011 and claims to be the only platform operating a cryptocurrency exchange in France, with over 230,000 global customers, including individuals and institutions. The report points out that MiCA will come into full effect by the end of 2024, and platforms that do not obtain authorization from their national regulatory authorities by June 30 will be forced to cease operations.As of now, only about 20 companies in France have been approved, while about 50 have yet to submit applications, and approximately 200 companies across Europe have been certified.

According to a report by Reuters, Binance's head for Europe and the UK, Gillian Lynch, stated that despite setbacks in its attempt to apply for a European Union cryptocurrency operating license in Greece, Binance still plans to remain in the EU and will seek to obtain local operating permits again.Lynch said, "Binance will not leave Europe." She mentioned that Binance may just need to obtain authorization through different paths, and if not in Greece, the company will look for other alternatives. Binance currently has only one week left before its existing European operating license expires, and if it cannot obtain a new license, it may need to gradually shut down its EU operations.Two informed sources said that Binance had communicated with regulators in Ireland, Latvia, and Greece, but faced resistance in all three countries. The sources indicated that regulatory officials were concerned about Binance's past penalties related to money laundering issues, its complex international structure, and what they perceive as a risk-seeking culture. Lynch stated that Binance is unclear why it was not approved, as it previously believed that the Greek regulators planned to issue licenses.She also mentioned that Binance has contacted four or five regulatory agencies but only submitted a formal application to Greece. Regarding Binance's past issues, Lynch stated that the company has invested in compliance and internal controls, hiring about 1,500 compliance personnel, and claimed that there are no unresolved issues with its license application.

Cryptocurrency payment company Alchemy Pay announced that it has obtained a Money Transmitter License in the state of Illinois, USA. As a key state with Chicago, a global financial center, Illinois is regarded as an important market for the development of fintech and digital assets in the United States. With this approval, the number of state-level remittance licenses held by Alchemy Pay in the U.S. has increased to 18, further strengthening its compliance operational capabilities in the core U.S. market and supporting the development of its stablecoin payment public chain, Alchemy Chain.

The Hong Kong Securities and Futures Commission released the "2025-26 Annual Report," showing that Hong Kong's capital market achieved significant growth across various asset classes in the past year, including investment funds, digital assets, and the stock market. Among them, the growth of tokenized investment products accelerated. As of March, the managed assets of 13 retail products approved by the Securities and Futures Commission increased nearly sixfold year-on-year, reaching HKD 10.8 billion. At the same time, the total market value of 11 virtual asset spot ETFs reached HKD 4.3 billion, a substantial increase of 90% since their launch in 2024, recognizing Asia's first Solana spot ETF. The trading volume of 12 licensed virtual asset trading platforms increased significantly by 125% within a year.

Bitget announced a partnership with the U.S. licensed brokerage Atomic Vaults (AVS), which will provide underlying support for Bitget's recently launched U.S. stock direct connection service "Bitget U.S. Stocks." AVS is a registered broker-dealer with the U.S. SEC, a member of FINRA and SIPC, with a nominal monthly trading volume exceeding $20 billion, offering institutional-grade trading infrastructure and compliant access to the U.S. stock market.It is understood that Bitget's U.S. stock business has formed a dual-track layout. On one hand, it provides stock token (rToken) trading through the compliant RWA protocol Reality, and on the other hand, it offers real stock direct connection trading through AVS. This "tokenization + direct connection" dual-track model aims to meet the differentiated needs of different users regarding asset ownership forms and trading experiences, further consolidating its competitiveness in the multi-asset trading field.

According to official news, Ripple announced that it has received preliminary approval for a crypto asset service provider license issued by the Luxembourg Financial Supervisory Authority, paving the way for the launch of Ripple Payments in the European Economic Area and full compliance with MiCA standards. This preliminary approval will take effect after the final conditions are met.Combined with Ripple's existing electronic money institution license, European financial institutions can access Ripple's crypto asset and stablecoin payment infrastructure through a single integration.

According to Crowdfund Insider, Greece has rejected Binance's application for authorization under the EU's regulatory framework for crypto assets, possibly due to political pressure from European Central Bank President Christine Lagarde.Binance submitted its application to the Hellenic Capital Market Commission earlier in 2026 and established a holding company locally, having passed key technical reviews. However, the application was swiftly reversed between June 7 and 15, 2026. In a meeting in May, Lagarde informed Greek Prime Minister Kyriakos Mitsotakis that Europe does not welcome Binance. The reason is that Binance, as a dominant platform providing liquidity for stablecoins, is seen by some policymakers as potentially complicating the digital euro project promoted by the European Central Bank.With the path in Greece blocked, Binance has shifted its focus to France to seek MiCA licensing.

According to Reuters, Italian crypto fintech company Conio, supported by Poste Italiane and Banca Generali, has obtained a crypto asset service provider (CASP) license under the EU MiCAR framework in Italy. This authorization was granted after review by the Italian Consob and the central bank, allowing Conio to provide services such as digital asset custody, transfers, and distribution.Reports indicate that the MiCAR transition period will end on June 30, 2026, after which unlicensed companies will be unable to provide crypto services in Italy and the EU.

Oman has officially launched a national-level Bitcoin mining pool and requires all licensed cryptocurrency miners within the country to connect to this unified mining pool for operation. It is reported that the project is led by the Ministry of Transport, Communications and Information Technology of Oman, and the initial target computing power scale of the mining pool is approximately 10 EH/s.

The Block reporter Gareth Jenkinson posted on X platform that reliable sources revealed that European Central Bank President Christine Lagarde directly ordered Greece to reject Binance's MiCA license application. The news states that Binance had previously almost obtained approval from Greek regulators, but was obstructed after the European Central Bank intervened. Jenkinson indicated that if the European Central Bank ultimately controls such decisions, it would not be good news for the crypto industry.In addition, according to Cryptopolitan, Binance is now turning to France as the only remaining avenue to obtain MiCA authorization, but has not yet formally submitted an application.