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#ESMA

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This Week in Crypto Law: Key Legal Updates for October 4, 2026
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This Week in Crypto Law: Key Legal Updates for October 4, 2026

Key Highlights: U.S. authorities and lawmakers intensified crypto enforcement, with the Treasury targeting the Russia-linked A7 Network and a Senate subcommittee scrutinizing Tether’s sanctions controls. In Europe, ESMA recommended broadening the Markets in Crypto-Assets (MiCA) framework to regulate DeFi intermediaries, technical interfaces, and staking activities. The UK Financial Conduct Authority (FCA) officially opened its authorization ...

Binance’s MiCA Application Stalls as ECB President Pushes Digital Euro ‘fit for future’
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Binance’s MiCA Application Stalls as ECB President Pushes Digital Euro ‘fit for future’

Key Highlights ECB President Christine Lagarde personally intervened to halt Binance’s MiCA license approval in Greece, according to a Wall Street Journal report. The intervention was reportedly motivated by concerns that Binance’s stablecoin operations could undermine the ECB’s Digital Euro project, slated for a 2027 pilot and 2029 launch. Binance withdrew its Greek application in ...

ECB President Christine Lagarde Intervened to Block Binance’s EU MiCA License, WSJ Reports
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ECB President Christine Lagarde Intervened to Block Binance’s EU MiCA License, WSJ Reports

Key Highlights Binance confirms it remains committed to securing a MiCA license in Europe despite withdrawing its Greek application in mid-June after the Hellenic Capital Market Commission (HCMC) declined to approve it. Binance’s Head of Europe, Gillian Lynch, states the exchange met all HCMC requirements and had a “complete application” with nothing material outstanding. The ...

Kraken’s xStocks Backing Assets Surpass $800 Million as Holders Exceed 300,000
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Kraken’s xStocks Backing Assets Surpass $800 Million as Holders Exceed 300,000

xStocks Surpasses $800 Million in Tokenised Assets with 300,000+ Unique Holders Tokenised equities platform xStocks has crossed a significant milestone, reporting over $800 million in assets backing its tokenised stocks and exchange-traded funds (ETFs). The platform also confirmed that the number of unique holders has exceeded 300,000, according to figures released by the company. “London’s ...