
Coinbase opens Luxembourg MiCA hub as EU deadline nears
Coinbase opens its Luxembourg MiCA hub, giving the exchange EU-wide crypto access as Ripple advances licensing and Binance faces pressure.

Coinbase opens its Luxembourg MiCA hub, giving the exchange EU-wide crypto access as Ripple advances licensing and Binance faces pressure.

Binance is seeking a new EU licensing path after withdrawing its MiCA licence application in Greece shortly before its current permission expires. The exchange now faces an upcoming authorization deadline as it prepares to apply in another EU member state. Greece Setback Puts Binance’s EU Access Under a Compressed Regulatory Clock Binance is pursuing a […]
Crypto firms serving clients across the European Economic Area face shutdown risk if they fail to secure authorization under the Markets in Crypto-Assets Regulation (MiCA) before enforcement begins. Regulators have ruled out extensions, leaving more than 1,200 previously registered firms with limited time to comply as only a small number have obtained full approval. EU […]
Coinbase opened its Luxembourg MiCA hub for all 27 EU states as Binance exited its Greek bid before the July 1 deadline.

Coinbase's MiCA license in Luxembourg enhances its EU market reach, streamlining operations and potentially boosting revenue across 27 states.

The position covers everything from SEC oversight to MiCA rules and U.K. regulations, and offers a salary between $1 million and $5 million.
The race for MiCA approval is intensifying as Europe's crypto industry approaches a key regulatory deadline on July 1.
Binance vows to chase a MiCA license elsewhere in Europe after reports ECB chief Lagarde pushed Greece to reject its bid.

Binance has confirmed it is withdrawing its MiCA license application in Greece and will seek authorization in a different EU member state, with the July 1 wind-down deadline for unlicensed crypto firms days away. The target jurisdiction remains undisclosed.

Crypto exchange Binance formally withdrew its MiCA license application in Greece, one week after a report said it would be denied.

Binance's EU market access is at risk, potentially benefiting competitors with MiCA compliance, impacting its market share and growth.

Months of secret talks fail as Binance walks away from Greece's regulator a week before the MiCA deadline.

Enterprise crypto infrastructure providers are aligning with global AML standards, including MiCA, FATF guidance, and Travel Rule compliance across regulated markets. Enterprise digital asset infrastructure providers now operate under the same financial crime review standards used across regulated finance. Banks,…

Binance has said it will pursue authorization in another European Union jurisdiction if its licensing application in Greece does not advance before the bloc’s MiCA compliance deadline. Reuters reported that Gillian Lynch, Binance’s head of Europe and the United Kingdom,…

Binance reportedly plans to seek authorization in another EU jurisdiction as the MiCA deadline approaches, with unlicensed crypto firms expected to wind down activities in the bloc.

The exchange has only one week left to comply with the necessary MiCA standards.
Europe contributes relatively little volume in Binance, hence MiCA risk exposure may be overblown.

Financial infrastructure provider OpenPayd has secured authorization under the European Union’s Markets in Crypto-Assets Regulation, allowing the company to offer regulated crypto services across the European Economic Area through a single license. OpenPayd announced on June 24 that the authorization…

OpenPayd, which provides infrastructure to companies including Kraken crypto exchange, can now offer regulated crypto services across Europe under MiCA.