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Binance withdraws MiCA license application in Greece
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Binance has withdrawn its application for a Markets in Crypto-Assets license in Greece. The company will seek authorization in another European Union country instead. The move comes days before a July 1 deadline under MiCA rules.
Hong Kong is recruiting for its Centre for Medical Products Regulation, expected to launch by the fourth quarter of 2026, as it seeks World Health Organization recognition and aims for independent drug approvals by 2030.
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South Korean authorities have fined cryptocurrency exchange Bithumb $136,000 for sharing user information overseas. The penalty comes amid ongoing scrutiny of the platform's data handling practices.
National Housing Bank har inlett en utredning mot Aavas Financiers rörande problem med låneklassificering. Tillsynsmyndigheten drog tillbaka refinansieringsstöd på nästan 500 miljoner rupier, vilket föranledde en omorganisation av företagets ledning.
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The Federal Communications Commission is considering new requirements for phone carriers that could increase vulnerabilities for cryptocurrency users. The proposal would mandate expanded identity collection by service providers.
Korean card companies are shifting toward loans for sole proprietors and small businesses as regulators tighten rules on household debt. The move follows summons by the Financial Supervisory Service this week after several issuers exceeded targets for card loan balances. Industry officials cite regulatory pressure and limited growth options in consumer lending as key drivers.
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Apple har börjat tillåta alternativa appbutiker på iOS-enheter i Brasilien. Beslutet följer en överenskommelse i december med landets konkurrensmyndighet. Utvecklare kommer att få en sänkt avgiftsstruktur för köp inuti appar.
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