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#EU crypto regulation

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Report: EU Reviewing Binance’s Continued Operations After MiCA Compliance Miss
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Report: EU Reviewing Binance’s Continued Operations After MiCA Compliance Miss

Key Highlights Binance was ordered to wind down its European Union business after failing to secure a required license. The exchange withdrew its Greek authorization application after reportedly working with regulators for about 18 months. ESMA is seeking stronger MiCA enforcement powers, including the ability to freeze suspicious crypto assets and remove scam-related websites. Binance ...

EU faces September 30 deadline to decide future of DeFi loans
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EU faces September 30 deadline to decide future of DeFi loans

Key Highlights The European Banking Authority has asked the European Commission to examine new MiCA rules for crypto firms that connect customers to DeFi lending protocols, recommending a cost-benefit analysis of potential duties for intermediated borrowing and lending. The EBA identified two possible regulatory changes: adding intermediated crypto borrowing and lending to MiCA’s list of ...