9h20 ▪
6 min read
▪
by
Luc Jose A.
The regulatory architecture of cryptos in Europe is entering a new era of unprecedented harmonization, redrawing overnight the operational boundaries of the sector's largest global players. This historic change materializes with the effective entry into force of the regulation on the crypto market (MiCA) throughout the European Union. Such a major legislative transition is no longer a distant theoretical deadline, but a binding reality disrupting exchange platforms not yet fully authorized under this unified regime. Thus, Binance, the global exchange giant, is forced to stop its crypto-related services in several EU markets, as it did not obtain the necessary authorizations in time.