#MiCA

187 articles tagged #MiCA — curated RWA tokenization coverage.

#Regulation #Stablecoins #EU #Compliance #ESMA #Tokenization #Binance #RWA #Tether #Ripple

XRP Holds Near $1.09 Despite MiCA Approval and ETF Inclusion

Ripple has achieved significant regulatory and institutional milestones, including MiCA registration in the EU and inclusion in a T. Rowe Price multi-token ETF, yet XRP remains range-bound near $1.09. Despite these bullish developments, market performance is currently dictated more by macroeconomic factors, such as cooling U.S. inflation and Federal Reserve interest rate expectations, than by token-specific news. The MiCA registration grants Ripple passporting rights across 29 European jurisdictions, providing a critical legal foundation for institutional payment services. Simultaneously, the XRP Ledger is expanding its utility through RWA tokenization, with the XAUa gold token surpassing $1 million in cumulative trading volume. While these advancements signal long-term network maturity, current price action reflects a 'sell-the-news' sentiment and caution regarding ongoing U.S. regulatory uncertainty. High long-to-short ratios suggest crowded positioning, which could amplify volatility if leveraged positions unwind. Ultimately, the market is waiting for these institutional channels and regulatory frameworks to translate into sustained, measurable spot demand.

#XRP #RWA #XRPL

tokenpost.com·Jul 19, 20266.5

Stablecoins

Bybit Emerges as Surprise Winner After $1.8B USDC Flees Binance Post-MiCA

Binance experienced $1.8 billion in net USDC outflows during Q2 2026, including $1.4 billion in June, following its failure to secure a MiCA license. This 19% decline in Binance's tracked USDC balance occurred alongside a 5.5% contraction in total USDC supply, representing approximately $4.3 billion in net redemptions from the broader ecosystem. Contrary to expectations that OKX would capture these flows, Bybit emerged as the primary beneficiary, increasing its USDC reserves by 45% from $450 million to $660 million. This growth was driven specifically by demand for USDC-margined perpetual contracts and options rather than spot trading. The shift highlights that regulatory uncertainty regarding MiCA compliance is prompting traders to migrate to platforms offering specific derivatives infrastructure. Despite these outflows, Binance maintains a dominant position, controlling 62% of combined stablecoin balances and 80% of CEX-hosted USDC. This trend underscores that stablecoin distribution is increasingly dictated by product-specific utility and jurisdictional risk management rather than simple market share migration.

#Stablecoins #MiCA #USDC

cryptorank.io·Jul 18, 20267.5

Infrastructure

MiCA Rules Trigger Dutch Crypto Exchange Collapse

A Rotterdam court has officially declared the Dutch cryptocurrency exchange Knaken bankrupt following a significant financial shortfall. Prosecutors allege that approximately $8 million in customer funds is currently missing from the platform. This collapse marks a notable enforcement action under the European Union's Markets in Crypto-Assets (MiCA) regulatory framework. The incident highlights the increasing pressure on digital asset service providers to maintain strict solvency and transparency standards within the EU. For the broader RWA market, this event underscores the critical importance of custodial security and regulatory compliance when bridging traditional assets to blockchain infrastructure. Investors and regulators are likely to view this bankruptcy as a cautionary tale regarding the risks associated with centralized crypto intermediaries. As MiCA implementation continues, such failures may accelerate the shift toward more robust, regulated, and transparent institutional-grade tokenization platforms.

#MiCA #CryptoRegulation #Knaken

BeInCrypto·Jul 17, 20265.5

Infrastructure

ESMA Approves 14 Additional Crypto Companies Under MiCA Framework

The European Securities and Markets Authority (ESMA) has expanded its MiCA register by authorizing 14 additional crypto-asset service providers, bringing the total number of approved entities to 294. This regulatory milestone follows the conclusion of the MiCA transition phase on July 1, demonstrating that ESMA continues to process applications actively. Notable new entrants include Ripple Payments Europe, which secured authorization via Luxembourg, alongside various traditional banking institutions from Germany, Portugal, and Croatia. The inclusion of established private banks like Kaiser Partner Privatbank highlights the growing integration of conventional finance into the regulated digital asset ecosystem. By utilizing MiCA’s passporting provisions, these firms can now offer services across the European Economic Area under a unified legal framework. This expansion is significant for the RWA market as it provides the necessary regulatory clarity for institutional players to tokenize and trade assets within a secure, compliant environment. The consistent growth of the register signals a maturing market landscape where traditional financial infrastructure and crypto-native services increasingly converge.

#Ripple #MiCA #Regulation

Blockonomi·Jul 17, 20267.5

Stablecoins

Dutch Regulator Authorizes BitPay Under MiCA Rules

BitPay has officially secured authorization from the Dutch Authority for the Financial Markets to operate as a crypto-asset service provider under the European Union’s Markets in Crypto-Assets (MiCA) regulation. This milestone allows the company to leverage passporting rights to offer payment processing and consumer crypto services across all 27 EU member states from a single regulatory base. By replacing previous national anti-money laundering registrations with this harmonized framework, BitPay significantly reduces compliance fragmentation for its cross-border operations. The authorization specifically supports the company's strategic initiative to expand stablecoin payment services, with USDC currently serving as its primary offering. As stablecoin transactions represent a growing share of BitPay's total volume, this regulatory clarity provides a stable foundation for institutional and consumer adoption. The move highlights the Netherlands' growing role as a preferred jurisdiction for crypto firms seeking to align with unified European standards. This development is critical for the RWA market as it establishes a compliant, standardized infrastructure for the movement of tokenized value and stablecoins across the entire European bloc.

#Stablecoins #MiCA #USDC

Blockonomi·Jul 17, 20266.5

Stablecoins

Societe Generale Lists MiCA-Compliant Dollar Stablecoin on MetaMask

Societe Generale-FORGE has integrated its MiCA-compliant dollar stablecoin, USD CoinVertible (USDCV), into the MetaMask wallet through a strategic partnership with Consensys. This development allows MetaMask users to access a regulated dollar-pegged asset issued by a major European financial institution. USDCV is fully backed by cash and cash-equivalent reserves and is redeemable at a 1:1 ratio, ensuring stability and regulatory transparency. By leveraging the infrastructure of Consensys, Societe Generale-FORGE aims to broaden the accessibility of compliant digital assets for retail and institutional participants. This move highlights the growing trend of traditional banks utilizing blockchain technology to bridge the gap between legacy finance and decentralized ecosystems. The integration follows the successful launch of the firm's euro-denominated stablecoin, EUR CoinVertible, which has already expanded across multiple blockchain networks. This expansion signifies a broader commitment by Societe Generale to establish a robust, multichain presence for its regulated digital currency offerings.

#Stablecoins #MiCA #SocieteGenerale

coinmarketcap.com·Jul 17, 20267.5

Credit (Private Credit)

Cantor8 Co-founder Reni Achkar on Why Private Credit Could be The Real Tokenization Opportunity

Cantor8 co-founder Reni Achkar argues that the current RWA market is overly focused on tokenizing already liquid assets like U.S. Treasuries, which provides minimal utility beyond marketing. While tokenized Treasuries have successfully demonstrated that institutions will engage with regulated, KYC-compliant wrappers, they do not solve the fundamental liquidity or access issues inherent in private markets. Achkar emphasizes that the true potential of tokenization lies in private credit and emerging-market assets, where high friction and operational costs currently hinder efficiency. Building these markets requires solving complex challenges in valuation, legal enforceability, and lifecycle management rather than just focusing on the technical minting process. Success in this sector depends on robust oracles, qualified custody, and regulatory compliance to ensure that on-chain records accurately reflect off-chain reality. Ultimately, the industry must shift from creating simple demos to building functional markets that remove genuine financial friction. This transition is critical for moving beyond the current trend of parking assets in wrappers without achieving meaningful secondary market activity or increased investor access.

#RWA #Tokenization #PrivateCredit

hackernoon.com·Jul 16, 20266.5

Infrastructure

Revolut Obtains Dubai Crypto License While Europe Enforces Stricter MiCA Regulations

Revolut has secured preliminary authorization from Dubai’s Virtual Assets Regulatory Authority (VARA) to offer cryptocurrency services, including broker-dealer and asset management functions, within the UAE. This expansion allows the fintech firm to integrate digital asset trading into its consumer application and dedicated Revolut X platform for its 75 million global users. The move represents a strategic push into a jurisdiction known for transparent crypto licensing, complementing the firm's existing payment service license from the Central Bank of the UAE. Simultaneously, the European Union has entered a stricter regulatory era following the conclusion of the MiCA transitional framework on July 1. European authorities, including the European Securities and Markets Authority, are now intensifying oversight and compliance monitoring for all crypto service providers. These parallel developments highlight a global trend where firms seek growth in regulated Middle Eastern markets while navigating increasingly rigorous compliance requirements in Europe. For the RWA market, this shift underscores the necessity of robust regulatory frameworks to facilitate the institutional adoption of tokenized assets. As Revolut scales its infrastructure, its ability to bridge traditional finance with regulated digital assets serves as a bellwether for the broader industry's transition toward standardized, compliant operations.

#MiCA #VARA #Revolut

Blockonomi·Jul 15, 20266.5

Stocks

Ondo Wins Approval To Offer Tokenized Stocks Across Europe

Ondo Global Markets has secured regulatory approval from the Liechtenstein Financial Market Authority to offer tokenized stocks and ETFs across 30 countries within the European Economic Area. This authorization leverages the EEA passporting regime, allowing the U.S.-based platform to provide retail investors access to traditional financial products via blockchain rails. By operating under a unified regulatory framework, Ondo aims to bridge conventional market exposure with the efficiency of on-chain settlement and custody. This development marks a significant expansion for tokenized securities, as it provides a compliant pathway for cross-border distribution within the European market. The move occurs amidst ongoing discussions regarding the European Securities and Markets Authority's role in overseeing crypto asset service providers under the MiCA framework. Such regulatory milestones are critical for the RWA sector, as they demonstrate the increasing viability of tokenized traditional assets in highly regulated jurisdictions. Ultimately, this expansion signals a maturing landscape where blockchain-based financial instruments are gaining formal recognition and integration into established European financial systems.

#RWA #Ondo #TokenizedStocks

coinmarketcap.com·Jul 14, 20268.5

Infrastructure

Ripple Just Got Its Full EU MiCA License. Is This Big for XRP?

Ripple has secured full Crypto Asset Service Provider (CASP) authorization from Luxembourg's CSSF, achieving complete compliance under the European Union's Markets in Crypto-Assets (MiCA) regulation. This milestone allows the company to offer regulated crypto payment services across all 30 countries in the European Economic Area. By obtaining this license, Ripple joins a select group of approximately 210 firms that successfully navigated the stringent MiCA requirements, while over 1,000 other companies were forced to cease operations in the region. This regulatory clearance significantly strengthens Ripple's infrastructure for cross-border payments, positioning it as a compliant partner for European banks and fintechs. Despite the operational success, the announcement had a negligible impact on the XRP token price, as the license covers payment services rather than the token itself. The long-term value for the RWA market depends on whether Ripple's European payment volume eventually routes through the XRP Ledger, which would increase token utility through transaction fees. Furthermore, Ripple's stablecoin, RLUSD, still requires separate MiCA approval before it can be offered to the European public, leaving a competitive gap compared to rivals like Circle's USDC.

#XRP #Ripple #MiCA

aol.com·Jul 13, 20267.5

Infrastructure

Webull (BULL) Stock Climbs Following Landmark EU MiCA License Approval

Webull Corporation has secured authorization under the European Union's Markets in Crypto-Assets (MiCA) framework, granted by Dutch financial authorities. This milestone allows the firm to provide regulated cryptocurrency services across all EU member states, marking a strategic expansion of its digital asset footprint. The approval follows the July 1, 2026, expiration of the grandfathering period for national Crypto Asset Service Provider licenses, necessitating full compliance with the new harmonized standards. Webull plans to launch dedicated cryptocurrency trading platforms and digital asset custody solutions by late 2026. Despite reporting a negative net income in Q1 2026 due to heavy expansion spending, the company saw a 36% year-over-year revenue increase to $159.9 million. This development is significant for the RWA market as it demonstrates how major brokerage firms are integrating compliant digital asset infrastructure into traditional financial services. As regulators continue to debate frameworks for tokenized securities and DeFi, Webull's move highlights the growing institutional push toward standardized, cross-border digital asset operations in Europe.

#DigitalAssets #MiCA #EU

Blockonomi·Jul 13, 20266.5

Infrastructure

AscendEX Froze Withdrawals and May Not Return User Funds After MiCA Miss

Crypto exchange AscendEX officially shut down on July 1, 2026, after failing to secure authorization under the EU's Markets in Crypto-Assets (MiCA) regulation. On-chain data from Arkham Intelligence and TRM Labs revealed that the exchange's liquidity issues began weeks prior, marked by a $240 million reserve drop in late June. Investigator ZachXBT first alerted the public to stuck withdrawals on June 26, noting that operational hot wallets were nearly depleted of major assets like ETH and USDT. The exchange admitted that a failed strategic transaction left it unable to fund user withdrawals, and it currently offers no guarantee that funds will be returned. Because AscendEX lacked a MiCA CASP license, its users are not protected by the regulation's mandatory asset segregation requirements. This collapse highlights the gap between MiCA's consumer-protection goals and the reality for users on platforms that fail to meet regulatory standards. The event underscores the critical role of on-chain transparency in identifying exchange insolvency before official announcements are made.

#MiCA #Regulation #AscendEX

techtimes.com·Jul 12, 20266.5

Stablecoins

Revolut to Delist USDT for European Users as MiCA Rules Reshape Stablecoin Access

Revolut has announced the delisting of USDT for its European customers to ensure compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation. Users were permitted to purchase USDT until July 6, with a final deadline of August 31 to trade or transfer holdings to external wallets. Any remaining balances after this date will be automatically converted into the user's home currency. This move by the $75 billion valuation fintech firm, which serves over 75 million customers, highlights the growing regulatory pressure on stablecoin issuers that fail to meet MiCA's strict licensing and reserve requirements. Tether, the issuer of USDT, has struggled to align its operational model with these new EU standards, leading to restricted access across various regional platforms. Simultaneously, Tether’s recent suspension of 131 TRON wallets following OFAC sanctions underscores the broader trend of increased oversight in the digital asset space. These developments signal a significant shift in the RWA market, where regulatory compliance is becoming the primary determinant for stablecoin accessibility and institutional adoption. As major financial service providers prioritize legal certainty, the landscape for non-compliant assets in the EU is rapidly narrowing.

#Stablecoins #MiCA #Tether

cryptorank.io·Jul 11, 20267.5

Stablecoins

EURC On-Chain Activity Hits All-Time High as MiCA Drives Euro Stablecoin Demand

Circle’s EURC stablecoin recently achieved its highest level of on-chain activity in its four-year history, marked by record-breaking daily active addresses and new wallet creation. This surge is primarily driven by the implementation of the European Union’s Markets in Crypto-Assets (MiCA) regulation, which mandates strict compliance for stablecoin issuers. European exchanges, payment providers, and applications are increasingly adopting EURC as a compliant alternative to non-regulated assets. Circle has supported this transition by expanding cross-chain infrastructure and introducing USDC/EURC trading pairs on the Cronos blockchain. This shift highlights a broader trend where regulatory frameworks act as a catalyst for institutional adoption and liquidity in the RWA sector. With tokenized assets now exceeding $20 billion on-chain, regulated stablecoins like EURC are becoming the essential settlement backbone for European financial activity. The sustained growth in wallet addresses suggests that this demand is a structural change rather than a temporary spike, positioning the euro as a more prominent currency in the global on-chain economy.

#Stablecoins #MiCA #Circle

cryptorank.io·Jul 10, 20266.5

Stablecoins

Crypto Biz: How stablecoins found their niche

Stablecoins are increasingly bifurcating into specialized market roles, with Tether’s USDT dominating commercial payments and Circle’s USDC becoming the primary asset for DeFi settlement. Data from Dune indicates that USDT processed $95 billion in commercial payments during the first half of 2026, while USDC continues to drive massive onchain trading volumes across Ethereum and Base. Simultaneously, the stablecoin market is seeing a diversification trend as MiCA-compliant euro stablecoins grew 128% in market capitalization leading up to the July 1 regulatory deadline. While euro-pegged tokens remain a small fraction of the total market, their growth highlights an expanding appetite for non-dollar digital assets. In corporate developments, MicroStrategy offloaded $216 million in Bitcoin to fund shareholder dividends, marking a notable departure from its traditional accumulation strategy. Furthermore, Vanguard has signaled a major strategic pivot by hiring a head of digital assets to oversee tokenization and blockchain infrastructure initiatives. These developments collectively demonstrate that traditional financial institutions are increasingly prioritizing tokenization as a core strategic objective, regardless of their historical stance on cryptocurrencies.

#Stablecoins #Tokenization #MiCA

Cointelegraph — Tokenization·Jul 10, 20267.5

Infrastructure

Binance MiCA License Talks Advance as EU States Invite New Application, Teng Says

Binance is actively negotiating with multiple European Union member states to secure a regulatory license under the Markets in Crypto-Assets (MiCA) framework. Co-CEO Richard Teng confirmed these discussions during the Reuters NEXT Asia conference, noting that the exchange is seeking a stable regulatory foothold following the withdrawal of previous applications in Greece and France. The decision to abandon the Greek application was driven by persistent regulatory delays and the approaching July 1, 2026, MiCA deadline. Despite these setbacks, Binance maintains that the European market remains a key strategic priority for its long-term operations. Simultaneously, the exchange is diversifying its global footprint by expanding into Asian markets, including a recent push in the Philippines via Blockshoals Technologies. Institutional adoption on the platform is also showing resilience, with institutional clients increasing by 9% this year and professional users now accounting for 7% of the total base. Successfully navigating the MiCA licensing process is critical for Binance to ensure uninterrupted service for European users and to solidify its standing as a compliant global financial infrastructure provider.

#MiCA #Regulation #EU

tokenpost.com·Jul 9, 20266.5

Infrastructure

MiCA Licensing Advances Unevenly Across Europe: Germany Leads with 57 Approvals

The European Union and European Economic Area are experiencing an uneven rollout of MiCA licensing as the July 1 transitional deadline approaches. ESMA interim data reveals that 244 crypto-asset service providers have secured authorization across the region, highlighting significant disparities in national regulatory implementation. Germany currently leads the market with 57 approvals, accounting for approximately 23% of the total, followed by France with 26 authorizations. While the Netherlands remains a major hub, five EU member states have yet to issue any licenses, and Italy currently leads the ESMA non-compliant register. This fragmented regulatory landscape presents both opportunities and risks for the RWA market, as institutional adoption relies on consistent cross-border access. While unified standards aim to provide a clearer footing for DeFi and tokenized assets, the current variance in national speeds creates compliance hurdles for service providers. Ultimately, the uneven distribution of licenses underscores the challenges of harmonizing digital asset oversight across diverse jurisdictions, which remains a critical factor for the long-term scalability of tokenized financial products in Europe.

#Compliance #MiCA #Regulation

cryptorank.io·Jul 9, 20267.5

Infrastructure

Binance CEO Says MiCA Is Backfiring as EU Users Move Beyond Regulators’ Reach

Binance co-CEO Richard Teng recently revealed that 70% of European Union users who exited the platform following the implementation of the Markets in Crypto-Assets (MiCA) regulation have transitioned to self-custody solutions. This shift indicates that stringent regulatory frameworks may inadvertently drive users away from centralized, compliant exchanges toward decentralized alternatives that operate outside the direct oversight of regional authorities. By moving assets into self-custody, these users are effectively bypassing the compliance measures that MiCA was designed to enforce across the European digital asset market. This trend highlights a significant challenge for policymakers attempting to balance consumer protection with the preservation of market accessibility. For the broader RWA sector, this movement suggests that institutional-grade compliance may face friction if users prioritize sovereignty over regulated centralized platforms. The data underscores a growing preference for personal control over digital assets, which could influence how future RWA protocols design their custody and access layers. Ultimately, the migration away from regulated venues poses a risk to the intended transparency and oversight goals of the MiCA framework.

#MiCA #Regulation #EU

BeInCrypto·Jul 9, 20265.5

#MiCA

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