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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.

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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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.

Ethereum's price is trading at around $1,947, near the lower end of its weekly range, following a 35% monthly decline. Data from Binance's Taker Buy/Sell Ratio indicates a potential shift, with the metric moving toward neutral after weeks of sell-side pressure. A breakout above $2,200 could signal a trend reversal.

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A federal judge in Manhattan has ruled that customers accusing Binance of selling unregistered tokens can pursue their claims in court rather than through arbitration. The decision rejects the cryptocurrency exchange's attempt to enforce arbitration for these disputes. Binance, the world's largest crypto platform, faces ongoing legal challenges over alleged illegal sales.

At the World Economic Forum in Davos, leaders from Binance, Circle, and Coinbase expressed optimism about AI's role in reshaping cryptocurrency. They predict crypto will become the native currency for AI agents, driving massive economic growth. Investments in AI-crypto startups surged in 2025, signaling strong industry momentum.

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Binance founder Changpeng Zhao forecasts a cryptocurrency 'super cycle' amid U.S. regulatory progress, including the Senate Banking Committee's markup of the CLARITY Act on January 15, 2026, following the GENIUS Act's stablecoin framework.

 

 

 

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