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OKX Europe recorded a 5.5-fold increase in deposits ahead of the latest Markets in Crypto-Assets transition deadline, with almost 90% of the funds coming from users leaving unlicensed exchanges, according to CEO Erald Ghoos. The figures offer an early indication that MiCA is beginning to redirect Eu

Tether won't pursue European authorization for USDT (USDT). The company says MiCA's requirement to hold as much as 60% of reserves in EU banks carries too much risk. So USDT is exiting the EU for good. That leaves the door open for its main rival — Circle's USDC. Key Points: Tether never applied for

Digital bank Revolut will delist Tether USDt (USDT) for affected customers after Aug. 31, automatically converting any leftover balances into each user's base fiat currency at the day's market rate. Key Points: Revolut will stop supporting USDT on Aug. 31, 2026, with purchases ending Jul. 6. Remaini

Europe's new crypto rulebook (MiCa) took full effect Wednesday, leaving just 244 of more than 3,000 previously registered firms authorized to keep serving European Union clients. Key Points Just 244 of the more than 3,000 firms once registered under national rules have secured authorization under Eu

Circle’s MiCA approval has turned Europe’s stablecoin deadline into a market opening as licensed exchanges remove Tether USDT (USDT). Key Points: Circle enters MiCA’s full phase with USDC and EURC cleared for regulated European venues. Tether did not seek the e-money-token authorization required und