Estonia suspends zondacrypto operator license

Estonia’s financial intelligence unit has suspended the operating license for Zondacrypto, limiting certain activities while users can still withdraw funds.

Estonia’s FIU has suspended the license of the operator behind Zondacrypto. The move restricts deposits and new user onboarding for a 30-day compliance window.

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Binance to restrict EU services after missing MiCA deadline

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Binance has notified European Union customers that it will suspend some services starting July 1 because it will not hold a MiCA license by the deadline.

Europe's MiCA rules will cut off unlicensed crypto platforms from serving customers after July 1, 2026. Only 194 firms hold licenses so far, leaving many users at risk of losing access.

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Binance will limit its services for European users starting July 1 after failing to obtain a MiCA license. The exchange withdrew its application in Greece following reported resistance from regulators there.

Coinbase and OKX are offering deposit and transfer bonuses to European users as Binance prepares to restrict services due to lacking a MiCA license. The moves come days before the July 1 deadline for the new EU crypto rules.

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The T3 Financial Crime Unit has frozen over $450 million tied to suspected illicit crypto activity since its launch in 2024. The effort involves Tether, Tron, and TRM Labs in partnership with law enforcement agencies.

Ripple has received a full Markets in Crypto-Assets license from Luxembourg authorities. The approval allows the company to provide crypto services across the European Economic Area.

Reported by AI

Thorchain suspended trading for about 12 hours after blockchain researcher ZachXBT flagged a suspected $10 million exploit across multiple networks. The liquidity protocol took the action following the alert on a potential breach. Its native RUNE token fell by double digits in response.

 

 

 

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