AFM

Knaken
2026-06-30 23:55:58

Dutch Prosecutor Seeks Bankruptcy for Crypto Platform Knaken, 30,000 Users' Funds Frozen, No MiCA License Triggers Criminal Probe

荷兰公共检察院已向鹿特丹法院申请宣布加密平台Knaken及其关联支付机构破产,理由是该平台未取得欧盟MiCA要求的AFM牌照,且已停止运营约3万名用户无法提现。检方指出清算无序,并建议用户不要申请赔偿。与此同时,荷兰财政信息与调查局(FIOD)启动刑事调查,查扣笔记本电脑、手机及部分公司资产,目前无人被捕。若破产申请获批,法院指定的管理人将接管资产并决定客户偿付安排。

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Dutch Prosecutor Seeks Bankruptcy for Crypto Platform Knaken, 30,000 Users' Funds Frozen, No MiCA License Triggers Criminal Probe
Knaken
2026-06-30 18:27:24

Dutch Prosecutors Seek Bankruptcy for Crypto Platform Knaken, Locking 30,000 Customer Funds

The Dutch Public Prosecution Service has requested the Rotterdam District Court to declare cryptocurrency platform Knaken and its related entities bankrupt, citing 'public interest'. The platform has been offline since early June 2026, leaving approximately 30,000 customers unable to withdraw funds. It is currently under criminal investigation by the Netherlands Fiscal Information and Investigation Service (FIOD). Knaken operated euro-to-crypto exchange services without obtaining the required license from the Netherlands Authority for the Financial Markets (AFM). Prosecutors conducted searches and seized assets, with no arrests made so far. If the bankruptcy petition is approved, a court-appointed trustee will take over assets and determine creditor distribution.

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Dutch Prosecutors Seek Bankruptcy for Crypto Platform Knaken, Locking 30,000 Customer Funds
MiCA
2026-06-30 01:00:11

MiCA Decoded: July 1 Is Not the Deadline – Most Service Providers Already Missed the Real Window

This article debunks three major myths surrounding the MiCA transitional period ending July 1, 2026. Myth 1: Being registered before December 2024 does not grant automatic grandfathering; each EU member state set its own application deadline, most of which passed in 2025. Myth 2: Submitting a CASP application is not just paperwork; in Poland, legislative inaction left no competent authority to process applications, forcing local VASPs to cease operations. Myth 3: Reverse solicitation is not a fallback strategy; ESMA defines solicitation broadly to include SEO, localized websites, affiliate marketing, and influencer partnerships. The article also covers the risk of 'pending' applications (submitted but not yet approved), restructuring requirements (e.g., moving to Malta, Austria), and the hard stop on July 1. Key takeaways: authorization must be granted by July 1, not merely applied for; pre-MiCA VASP registrations cannot be passported across borders; and service providers in non-implementing jurisdictions face structural barriers. Realistic compliance strategies include restructuring to a functioning jurisdiction with a proper CASP application pipeline.

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MiCA Decoded: July 1 Is Not the Deadline – Most Service Providers Already Missed the Real Window
Coinbase
2026-06-27 03:31:49

Coinbase Acquires Deribit for $2.9B: Integrating Spot, Futures, and Options into One Crypto Ecosystem

Coinbase announced its acquisition of Deribit, the world's largest crypto options platform, for approximately $2.9 billion. Deribit controls over 80% of the crypto options market and has processed $1 trillion in cumulative trading volume. The move consolidates spot, futures, and options trading into a unified platform, boosting Coinbase's profitability and global derivatives footprint. Analysts view the deal as a regulatory arbitrage strategy, leveraging Deribit's Dutch oversight to bypass U.S. restrictions.

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Coinbase Acquires Deribit for $2.9B: Integrating Spot, Futures, and Options into One Crypto Ecosystem