European Blockchain Convention Returns to Barcelona for Europe’s First Post-MiCA Gathering

The post Binance Co-CEO Questions MiCA After EU User Withdrawals appeared on BitcoinEthereumNews.com. Most European users who withdrew assets from Binance after its EU service suspension chose self-custody instead of regulated exchanges. Binance co-CEO Richard Teng said roughly 70% of withdrawals moved into private wallets, while only 30% reached MiCA-licensed trading platforms.  The trend suggests many users prioritized direct control over their digital assets despite the European Union’s push for stronger oversight under its Markets in Crypto-Assets framework. Consequently, the migration has renewed debate about whether tighter regulations can achieve their intended consumer protection goals. Teng Questions MiCA’s Practical Impact Teng argued that funds held in self-custodied wallets no longer remain within regulated compliance systems. Consequently, authorities lose visibility through anti-money laundering and know-your-customer monitoring that licensed exchanges provide.  Binance h

The post EURC On-Chain Activity Hits All-Time High As MiCA Drives Euro Stablecoin Demand appeared on BitcoinEthereumNews.com. Circle’s EURC stablecoin just printed its busiest day on-chain in the asset’s four-year history. Both daily active addresses and new wallet creation exploded to record levels, according to the on-chain update from Santiment. The sudden burst of usage is not noise. It aligns with a structural shift as European exchanges, apps, and payment teams hunt for compliant alternatives under the continent’s new crypto rulebook. A Sudden Spike in Euro Coin Usage Active addresses and network growth are two of the bluntest tools for measuring real adoption. A simultaneous surge in both suggests fresh capital and new participants—not just existing holders shuffling tokens. EURC’s daily active addresses vaulted to an all-time high, and the number of new wallets entering the network did the same. That dual breakout rarely happens by accident. The timing is critical. For years, d

Barcelona's transfer strategy highlights the growing intersection of football finance and blockchain, impacting fan engagement and revenue models. The post Barcelona nears €40M deal for Real Sociedad star, but what does it mean for crypto-linked football finance appeared first on Crypto Briefing.

The transfer negotiations could significantly impact fan token markets, highlighting the growing financial interplay between football and crypto. The post Borussia Dortmund eyes Barcelona stars as Adeyemi transfer saga heats up appeared first on Crypto Briefing.

The post AscendEX shuts down after MiCA miss and warns some withdrawals may not be processed appeared on BitcoinEthereumNews.com. AscendEX shut down on July 1, leaving some customers unsure whether they will recover their funds. The exchange said in a July 6 notice that it does not hold authorization under the European Union’s Markets in Crypto-Assets framework. It also cited financial and operational pressures, including a failed strategic transaction expected to provide liquidity. Customers can no longer use AscendEX to open accounts, deposit funds, trade, swap, stake or lend. They should retain access only to withdraw assets and complete other exit steps, provided the platform remains available, and no legal or insolvency restrictions intervene. Related Reading Millions of EU crypto users face exchange cutoff as MiCA deadline hits in days Around three in four of the crypto companies registered across Europe are expected to lose their license this summer in the most aggressive thinni

Barcelona's acquisition of Adeyemi highlights the intensifying competition and strategic maneuvers in Europe's football transfer market. The post Barcelona signs Karim Adeyemi from Borussia Dortmund for €29M as European football’s transfer economy heats up appeared first on Crypto Briefing.

The post Crypto Biz: USDT vs USDC Roles Diverge as Euro Stablecoins Grow Under MiCA appeared on BitcoinEthereumNews.com. Crypto’s infrastructure is starting to look a lot more like traditional finance. New data from Dune shows that the world’s stablecoin leaders — Tether’s USDT and Circle’s USDC — are no longer competing for the same users, with each now dominating a different corner of the market. Meanwhile, demand for MiCA-compliant euro stablecoins is accelerating, hinting that the stablecoin economy is slowly expanding beyond the US dollar. Elsewhere in Crypto Biz, Strategy reignited debate over its “never sell” philosophy after offloading more than $200 million in Bitcoin (BTC) to fund shareholder dividends, while Vanguard signaled that even Wall Street’s biggest crypto skeptics are embracing tokenization. USDT, USDC use cases diverge as stablecoins become chain-specific USDT has become crypto’s dominant payments stablecoin while USDC has cemented itself as DeFi’s preferred settle

The post Binance EU withdrawals reveal MiCA regulation impact appeared on BitcoinEthereumNews.com. When Binance pulled its MiCA license application in Greece and suspended EU services ahead of the July 1 regulatory deadline, European regulators may have expected users to migrate toward licensed, compliant crypto platforms. The data on Binance EU withdrawals tells a different story — and it raises uncomfortable questions about what MiCA is actually achieving on the ground. Key takeaways 70% of EU user funds withdrawn from Binance after the service suspension moved to self-custodied wallets, outside any regulatory oversight. Only 30% of withdrawn funds transferred to licensed, MiCA-regulated crypto platforms. Binance co-CEO Richard Teng argued this pattern raises serious questions about whether MiCA reduces user risk or inadvertently amplifies it. Binance withdrew its MiCA application in Greece due to approval delays, with founder Changpeng Zhao citing “political forces” as a factor. Des