licensing

MiCA

2026-07-01 07:29:03

MiCA Deadline Effect: Only Licensed Entities Can Serve European Crypto Users from July 1

欧盟《加密资产市场法规》（MiCA）已于2026年7月1日正式进入关键截点。自该日起，所有向欧洲用户提供加密资产服务的平台必须持有成员国监管机构颁发的授权牌照，否则将面临停止运营及法律制裁。此规定覆盖交易所、托管钱包、稳定币发行商等全链条，标志着欧洲加密市场从宽松监管迈向全面合规化。

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Taiwan

2026-07-01 05:31:32

Taiwan Passes 'Virtual Asset Service Act': Licensing, Stablecoin Oversight, and Criminal Penalties Take Effect

Taiwan's Legislative Yuan has passed the Virtual Asset Service Act, requiring all VASPs to obtain a license from the FSC. Stablecoin issuers need dual approval from the central bank and FSC. Unlicensed operations face up to 7 years in prison and fines up to NT$100 million (~$3.14M), while market manipulation carries a 10-year maximum sentence and NT$200 million (~$6.28M) fines. Industry insiders say the law ends the regulatory gray zone and opens the door for traditional financial institutions to enter the crypto space.

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MiCA

2026-07-01 03:31:12

MiCA Transition Ends: European Crypto Exchanges Face Historic Shakeout, Over 70% of Platforms Lose Legal Status

The MiCA transitional grace period ended on July 1, 2026, marking a new era for European crypto regulation. Only about 194 crypto firms have obtained formal MiCA authorization, while an estimated 1,100 to 3,000+ service providers previously registered across European national regimes now face loss of legal status — law firm Hogan Lovells estimates 75% of old platforms will be disqualified. Major exchanges like Binance (application likely rejected by Greek regulator) and KuCoin (authorized but barred from operations) are struggling. In the stablecoin sector, USDT has been fully delisted from compliant EU exchanges, while Circle's USDC has risen to a $75 billion market cap, becoming the mainstream compliant stablecoin. EU users face risks such as deposit freezes and forced withdrawals; about 60% of European crypto users are estimated to be using unauthorized platforms. The European Commission has launched a review of MiCA covering 86 questions on DeFi, staking, RWA tokenization, and whether ESMA should directly supervise major CASPs. Meanwhile, a consortium of 37 banks (including BNP Paribas and ING) is developing a euro-pegged compliant stablecoin Qivalis to compete with dollar stablecoins.

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Azerbaijan

2026-06-30 01:01:17

Azerbaijan Drafts Crypto Regulation Bill: Licensing Requirement and Continuous Oversight Planned for 2026

Fidan Tofidi, Director of the Fintech and Innovation Department at the Central Bank of Azerbaijan, announced that the country's draft law on virtual asset market regulation has been completed and submitted for review, with formal legislation expected within 2026. The bill mandates that all crypto asset service providers obtain a license from the central bank, prohibits unauthorized operations, and subjects licensed entities to ongoing supervision. The regulatory framework covers anti-money laundering (AML), counter-terrorism financing (CFT), and know-your-customer (KYC) requirements, and has been integrated into Azerbaijan's Financial Market Development Strategy for 2027–2030. This move marks a significant step toward bringing digital asset activities under a clear legal regime.

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MiCA

2026-06-29 08:01:51

EU MiCA Transition Ends: 75% of Crypto Exchanges Face Delisting, Binance Exits Europe

On July 1, 2026, the EU MiCA transition period ended, forcing unlicensed crypto asset service providers to cease operations. Approximately 75% of existing platforms are expected to be shut down. Binance withdrew its license application and temporarily exited Europe, while Coinbase and Kraken, already licensed, use EU passporting to cover the entire region. USDT has been delisted by major exchanges, making USDC the dominant compliant stablecoin.

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Kraken

2026-06-26 17:01:40

Behind the Misunderstood 'Three-Discount Acquisition of Aave' Rumor: Kraken's DeFi Ambitions and IPO Strategy

Market rumors that Kraken acquired Aave at a 70% discount were misread. The actual deal involves Kraken purchasing AAVEs from Aave Labs and a 15% equity stake, aiming to bolster its DeFi footprint ahead of an IPO. Kraken is transforming into a full-stack financial infrastructure firm via its own L2, acquisitions, and licenses, but the IPO is paused due to market conditions and regulatory scrutiny, with a restart planned by end-2026.

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MiCA

2026-06-15 01:00:53

MiCA Grace Period Ends on July 1, With About 75% of EU Crypto Platforms Facing Loss of Operating Eligibility

According to CryptoSlate, the transition grace period for the EU’s MiCA crypto regulation will formally end on July 1, 2026. As of May 2026, only 194 crypto companies in the EU had obtained formal licenses, while more than 3,000 crypto firms were registered in 2024.

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