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Crypto News Today (June 29): BTC Loses $60K Again, EU Goes After MiCA Violators Following Binance Cull and the BIS Makes Stark Stablecoin Warning

In crypto news today (June 26), BTC USD continues its struggle to hold key support at $60,000, currently trading around $60,200. Liquidations slowed considerably from $1Bn late last week to $206M in the past 24-hours, with $150M of that figure coming from long positions. ETF flows closed last week bearishly, with over $444M of Bitcoin..

99Bitcoins99BitcoinsAlex Ioannou29 Jun

ESMA Tells Unauthorized Crypto Firms to Wind Down as MiCA Deadline Hits in 3 Days

The European Securities and Markets Authority (ESMA) has directed unauthorized crypto asset service providers to stop accepting new EU clients and begin exiting the market before MiCA’s transitional framework expires. EU Regulator Orders Unapproved Crypto Firms to Halt New Clients as MiCA Deadline Looms The European Securities and Markets Authority (ESMA) has instructed unauthorized crypto […]

Bitcoin.com NewsBitcoin.com NewsKevin Helms28 Jun

EU Hands Out 230 MiCA Licenses as Germany Leads and Spain Rules Out a July 1 Reprieve

The European Union has issued around 230 licenses under its Markets in Crypto-Assets (MiCA) regulation as a hard July 1 deadline approaches, with Germany leading the bloc on 56 authorizations. Spain’s securities regulator has ruled out any extension, leaving non-compliant exchanges facing restrictions across the EU. A Bloc Splits Along National Lines Around 230 firms […]

Bitcoin.com NewsBitcoin.com NewsShiraz Jagati27 Jun

Binance Suspending Crypto Services in EU Markets After Failing to Secure MiCA Approval

Binance will halt crypto asset services in European Union markets from July 1 after notifying customers that it could not meet the bloc’s Markets in Crypto-Assets (MiCA) licensing requirements before the regulatory deadline. Customer Emails Explain Service Changes as MiCA Access Changes Near Crypto exchange Binance has sent notices to customers in several European Union […]

Bitcoin.com NewsBitcoin.com NewsKevin Helms26 Jun