Binance
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.
Binance founder Changpeng Zhao shared his vision for strengthening the U.S. crypto market in recent interviews with CoinDesk. He outlined goals for Binance.US and discussed factors behind the current market conditions.
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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.
On March 6, 2026, in Dubai, UAE, Ethereum-based crypto project Pepeto announced permanent revenue sharing for presale holders from exchange trading fees and added a former Binance executive to its strategic advisory board. This follows the presale surpassing $7.5 million last week and now exceeding $7.6 million amid market fears, signaling advanced launch preparations including zero-fee trading.
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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.
Changpeng Zhao, known as CZ and former CEO of Binance, has dismissed accusations that the exchange triggered a massive $19 billion cryptocurrency market crash last October. In a live session, he described the claims as far-fetched, emphasizing broader market forces at play. Binance has since compensated affected users with around $600 million.
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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.
Binance to restrict EU services from July 1 over MiCA rules
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