.@binance has been going through the MiCA licensing process in Greece for around 18 months.
The application was reviewed by the Greek regulator, HCMC, and was considered compliant with MiCA requirements. It was also reviewed at ESMA level.
Still, a final formal decision has not been reached yet.
Europe has a real chance to lead in digital assets.
But for that to happen, MiCA needs to be fair, clear, and applied the same way across all EU countries.
For users, Binance said that you can continue to access, withdraw, and manage your Binance account. Assets remain secure and accessible.
Binance also remains committed to Europe, its users, and operating in compliance with applicable law.
Today, we'll have an entertaining conversation with Vugar Usi @usithetalk . We'll talk about what's left of crypto in the exchanges ecosystem, how exchanges adapt to both fierce competition and a fast changing market and many more. Join us! https://t.co/lQE4CLWx1m
Settlement time for #AIVsHuman Round 4 🔥
No official Buyback announced. baba was right. 🤖
BUT... markets are yelling "Stealth QE" on that $40B RMP injection. It's a complex signal. So we're bringing @lianyanshe back for a Deep Dive Analysis to decode the truth. 🔍
For the voters? We eat together. 🥘
baba is splitting the $200 reward with ALL participants!
👇 TO CLAIM:
🔹 Comment "baba you're the best"
🔹 Go to Discord (Announcement Channel) & Submit the Form with your proof!
🔗 [ https://t.co/F1a6g6iDB0]
Market Overview - What Happened in the Last 24 Hours?
The global cryptocurrency market cap today is $3.54 trillion, reflecting a 0.3% change in the last 24 hours. Total cryptocurrency trading volume in the last day is at $95.3 billion.
Top Movers of the Day:
🟢 $TON +14% - Boosted by a $300M partnership between Elon Musk’s xAI and Telegram, integrating the Grok chatbot into the messaging platform.
🔴 $XMR -10% - Likely due to profit-taking following a 70% rally earlier.
Bitcoin News
🔸Trump Backs BITCOIN Act: President Trump supports Senator Lummis’s BITCOIN Act, proposing the U.S. government acquire 1 million BTC over five years using existing federal funds.
🔸Block Inc. to Enable BTC Payments via Square: Jack Dorsey’s Block Inc. plans to roll out Bitcoin payments through Square by 2026, allowing merchants to accept BTC via the Lightning Network with options to hold or auto-convert to fiat.
🔸Metaplanet Issues $50M Zero-Interest Bonds for Bitcoin Purchase: Japanese firm Metaplanet is raising $50 million through zero-interest bonds to increase its Bitcoin holdings, reflecting a strategic move to bolster its BTC reserves.
🔸GameStop Acquires 4,710 BTC: GameStop has confirmed its first Bitcoin investment, purchasing 4,710 BTC, approximately worth $513 million, funded through a $1.3 billion convertible notes offering.
CEXs and DEXs News
🔸Real-World Assets Revitalize NFT Lending: DappRadar reports that integrating real-world assets into NFT lending could rejuvenate the sector, which has seen a 97% drop in volumes since January 2024.
🔸Cetus Protocol Votes on $162M Fund Recovery: Following a $220 million exploit, Cetus Protocol is undergoing a community governance vote to recover $162 million in frozen funds, with plans to fully compensate affected users.
Legal and Regulatory News
🔸Nasdaq Files for SUI ETF: Nasdaq has filed with the SEC to list a SUI ETF, indicating growing institutional interest in diversifying crypto investment products.
🔸UK’s FCA Seeks Input on Stablecoin Regulation: The UK’s Financial Conduct Authority is requesting public commentary on proposed regulations for stablecoins and crypto custody services, aiming to establish a comprehensive regulatory framework.
🔸Cork Protocol Hacked; Contracts Paused: Cork Protocol has suffered a security breach, leading to the pausing of its contracts to prevent further losses as investigations continue.
🔸Senator JD Vance Urges Bitcoin Community Engagement: Senator JD Vance is encouraging the Bitcoin community to become more politically active to influence favorable crypto legislation.
Blockchain and Stablecoin News
🔸Elon Musk’s xAI Invests $300M in Telegram: Elon Musk’s AI company, xAI, has invested $300 million in Telegram to integrate its Grok chatbot, aiming to enhance AI capabilities within the messaging platform.
🔸Katana DeFi Chain Launches Private Mainnet: Katana has launched its private mainnet, focusing on providing higher yields through decentralized finance mechanisms.
🔸Conduit Raises $36M for Stablecoin-Fiat Cross-Border Network: Conduit has secured $36 million in funding to develop a network facilitating cross-border transactions between stablecoins and fiat currencies.
🔸BlackRock Eyes 10% Stake in Circle’s IPO: Investment giant BlackRock is considering acquiring a 10% stake in Circle during its upcoming IPO, signaling strong institutional interest in stablecoin issuers.
DeFi, AI, real-world assets - @AlgoFoundation is building in every direction.
Join us on May 29 at 1 PM UTC to hear from Algorand Foundation’s CMO @marcvl about what’s new and what’s coming next.
$100 prize pool
Tune in 👇
https://t.co/Fr8GoaJA05