ESMA Reviews Crypto Custody Security Under EU Rules

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 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

ESMA's review under MiCA signals a shift to stringent enforcement, impacting crypto custodians' operational standards across the EU. The post ESMA launches first coordinated crypto custody review under MiCA appeared first on Crypto Briefing.

The post How MiCA forced crypto market to adapt in Europe appeared on BitcoinEthereumNews.com. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. MiCA’s full implementation has reshaped Europe’s crypto market, with hundreds of firms securing CASP licenses while many others exited or restructured. Summary MiCA leaves just 244 licensed crypto firms operating in the EU as thousands exit the market or suspend services after the July deadline. Europe’s MiCA rules reshape the crypto industry, with only 244 firms securing CASP licenses as stricter compliance takes effect. The EU’s MiCA framework causes a major crypto market shake-up, leaving hundreds licensed while thousands face closures or restructuring. Overnight, MiCA wiped out 80% of the 3000+ companies with VASP licensing from the European crypto market. Only a handful of companies survived, around 244 as of today. So, what did the rest of 270

MiCA’s full implementation has reshaped Europe’s crypto market, with hundreds of firms securing CASP licenses while many others exited or restructured. Overnight, MiCA wiped out 80% of the 3000+ companies with VASP licensing from the European crypto market. Only a…

ESMA's review under MiCA could enhance crypto market integrity and investor protection, influencing digital asset valuations and regulatory trends. The post ESMA to review crypto custody providers under MiCA framework appeared first on Crypto Briefing.