ESMA launches first coordinated crypto custody review under MiCA

The post ESMA Crypto Custody Review Marks New Enforcement Phase appeared on BitcoinEthereumNews.com. Europe’s crypto industry is about to face its most rigorous operational stress test yet. On 8 July 2026, the European Securities and Markets Authority launched a Common Supervisory Action targeting crypto custody — the function at the very heart of how firms protect client assets — marking a decisive shift in the ESMA crypto custody review from regulatory theory into hard enforcement reality. Key takeaways ESMA launched a coordinated Common Supervisory Action on 8 July 2026, placing crypto custody services under direct scrutiny across the EU. The review runs from the second half of 2026 through the first half of 2027, with a consolidated report expected in the second half of 2027. National competent authorities will conduct risk-based reviews of a sample of the 280 authorised providers now registered under MiCA. Ripple received full CASP authorisation from Luxembourg’s CSSF on 6 July 20

The post DAC8 Crypto Tax Reporting Faces Bull Bitcoin Legal Challenge appeared on BitcoinEthereumNews.com. A non-custodial Bitcoin exchange taking the French government to its highest administrative court over a tax reporting directive might sound like a long shot. But Bull Bitcoin’s legal challenge against the EU’s DAC8 crypto tax reporting framework is grounded in something far more visceral than regulatory disagreement — it’s about whether collecting and centralizing data on millions of crypto holders could get people killed. Key takeaways Bull Bitcoin filed a petition before the French Conseil d’État on February 24, 2026, to annul Decree No. 2025-1276, the French implementing measure for DAC8. DAC8 requires crypto service providers to collect user identity and transaction data and report it automatically to national tax authorities, with first reports due by September 30, 2027. France recorded 41 crypto-related kidnappings since the start of 2026 and 19 confirmed wrench attacks in

The post Tether Bets $20M on Mercado Bitcoin to Accelerate Tokenization in Latin America appeared on BitcoinEthereumNews.com. Key highlights: Tether has invested $20 million in Latin America’s Mercado Bitcoin The investment is part of the company’s vision to expand crypto services across the region The move comes amid Tether’s MiCA challenges in Europe Tether is strengthening its presence in the Latin American crypto market with a $20 million bet on Mercado Bitcoin, the largest on-chain financial services platform in the region. With this huge investment, Mercado Bitcoin could expand its tokenization business, payments infrastructure, lending services, and global operations. Tether to Invest $20 Million in Strategic Financing Round for Mercado Bitcoin to Accelerate Onchain Financial Infrastructure in Latin AmericaLearn more: https://t.co/HImBaiwaX3 — Tether (@tether) July 7, 2026 It is worth noting that the development comes amid Tether’s regulatory challenges in the European Union. Un

The post Criticism follows as South Korea police picks Dunamu for crypto custody appeared on BitcoinEthereumNews.com. Firms that sent competing proposals to South Korea’s National Police Agency to win the contract to become the official crypto custodian of the agency’s seized crypto have gone off on a criticism tangent again after Dunamu emerged as the top bid at the end of the process. The complaints point to how the firm running Upbit, South Korea’s largest crypto exchange, winning the bidding process as vindication for earlier observations that the tender’s terms gave larger exchanges a decisive advantage over custody-first upstarts. As Cryptopolitan reported in June, pure-play crypto custody firms noted that insurance and loss coverage clauses listed in the procurement database effectively undermined their bids. Who won the bid for South Korea’s police agency’s seized BTC? Local reports put Dunamu at the top of the Public Procurement Service’s Nara Jangteo as of Wednesday, July 8.

The post EU Parliament Signals Potential Expansion of Crypto Regulations appeared on BitcoinEthereumNews.com. The European Parliament recently approved a policy document that suggests enhancing the regulatory framework for crypto assets within the European Union, extending beyond current MiCA guidelines. While the paper does not alter existing laws, it presents a strategic vision for the digital asset framework in the EU. Continue Reading:EU Parliament Signals Potential Expansion of Crypto Regulations Source: https://en.bitcoinhaber.net/eu-parliament-signals-potential-expansion-of-crypto-regulations

Spain's proposal could redefine EU fiscal unity, challenging traditional financial norms and impacting global reserve currency dynamics. The post Spain proposes €850B annual EU debt plan that could reshape euro markets and crypto’s reserve currency narrative appeared first on Crypto Briefing.

Bull Bitcoin's legal challenge could set a precedent for privacy rights in crypto, potentially reshaping EU regulatory approaches and data security. The post Bull Bitcoin petitions French court to annul DAC8 decree, calling EU crypto surveillance ‘Kill Your Customer’ appeared first on Crypto Briefing.

The post Vitalik Buterin Warns EU Chat Control Threatens Cybersecurity for Everyone appeared on BitcoinEthereumNews.com. Ethereum co-founder Vitalik Buterin has warned that the EU’s revived Chat Control plan threatens cybersecurity for everyone, after European lawmakers voted Tuesday to fast-track the message-scanning bill back for a decision. Parliament will now hold a real vote on Thursday on whether to bring the scanning rule back, and opponents need 361 votes to stop it, a higher bar than usual because this counts as a second attempt at the same proposal. Tuesday’s vote itself was procedural. MEPs (Members of the European Parliament) approved the move to reopen the issue by 331 votes to 304, with 11 abstentions. It didn’t restore scanning on its own, it just cleared the way for Thursday’s substantive vote. Parliament Forces a New EU Chat Control Vote EU privacy rules normally bar companies from reading private messages. A contested exemption lets platforms such as Meta and Google s