Mica
The latest Mica news, analysis, and updates.
OKX Europe Opens One-Way USDT-to-USDC Exit Under MiCA Pressure
OKX Europe now lets USDT holders in 30 countries convert to MiCA-compliant USDC, with an 8% bonus, as Tether refuses to seek authorization.
EU Plans to Reopen MiCA to Rein In Foreign Stablecoin Issuers
Brussels plans to revise MiCA by 2027 to cover foreign stablecoin issuers and tokenization, with a public consultation running through September 30.
Europe's MiCA Licensing Rules Are Now in Force
The EU's MiCA licensing regime for crypto-asset service providers took effect July 1, and the market has so far met it with silence.
Ripple Completes MiCA Compliance With Luxembourg CASP Licence
Luxembourg's regulator granted Ripple a full CASP licence, completing the two-part MiCA approval that spans all 30 EEA countries in one integration.
BitGo Takes MiCA-Compliant Custody Live in 30 European Markets
The newly public custodian is now offering banks and fintechs across all 30 EEA countries an API to embed regulated crypto services under MiCA.
$17.5B in USDT Exits EU Exchanges for DEXs After MiCA
Tether skipped MiCA authorization, and $17.5 billion in USDT has drained from EU exchanges onto DEXs, self-custody, and offshore venues.
Binance to Halt Europe Operations as MiCA License Bid Fails
The exchange must stop serving EU customers on July 1 after Greece declined its license bid; clients pulled €400 million in assets last week.
Binance Pulls Its MiCA License Bid in Greece
The exchange withdrew its application with Greece's market regulator and will seek MiCA authorization in another EU member state it hasn't yet named.
Malta Asks When DeFi Is Decentralized Enough to Dodge MiCA
Malta's MFSA is asking when a protocol is 'fully decentralised' enough to escape MiCA, with public comments open until July 10.