Coinbase, OKX chase Binance users as MiCA deadline bites

cryptonews06-28 14:46

Coinbase and OKX are trying to win European crypto users after Binance moved to suspend several services in the European Union. The shift comes before the July 1 MiCA deadline, when crypto firms must ...

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The shift comes before the July 1 MiCA deadline, when crypto firms must ...</p>\n\n<a href=\"https://crypto.news/coinbase-okx-chase-binance-users-as-mica-deadline-bites/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2360107671.USD","symbol_name":"BGF FINTECH \"A4\" (USD) INC","start_time":0,"source_url":"https://crypto.news/coinbase-okx-chase-binance-users-as-mica-deadline-bites/","article_id":"2646314368","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/coinbase-okx-chase-binance-users-as-mica-deadline-bites/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2646314368","pubTimestamp":1782629203,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Coinbase and OKX are trying to win European crypto users after Binance moved to suspend several services in the European Union. The shift comes before the July 1 MiCA deadline, when crypto firms must hold approval from one EU state to keep serving the bloc.Coinbase and OKX moved fast as Binance prepared to restrict several EU services under MiCA.Transfer bonuses show licensed exchanges are competing for users before Europe’s crypto rulebook fully starts.Binance says assets remain accessible while it searches for a new EU authorization route elsewhere.The campaigns add a commercial race to a regulatory deadline. Binance has told users that access to some services will change because it has not secured a MiCA license in time.As reported, Coinbase is using the opening to court users in Germany, France, Italy, Belgium, Poland, Sweden and the U.K. The exchange says it holds MiCA approval and is offering a “5% transfer bonus” for users who move funds before July 13.MiCA creates one rulebook ","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2360107671.USD":"BGF FINTECH \"A4\" (USD) INC","BK4600":"加密货币概念","BK4588":"碎股","BK4112":"金融交易所和数据","COYY":"GRANITESHARES YIELDBOOST COIN ETF","FIAT":"做空COIN期权收益策略ETF-YieldMax","BK4595":"比特币概念","CONI":"2倍做空COIN ETF-GraniteShares","BK4551":"寇图资本持仓","COIN":"Coinbase Global, Inc.","CONL":"2倍做多COIN ETF-GraniteShares","COIO":"2倍上限加速COIN ETF-Leverage Shares","BK4539":"次新股","COII":"REX COIN Growth& Income ETF","COIA":"ProShares Ultra Coin ETF","BK4554":"元宇宙及AR概念","CONX":"Direxion Daily COIN Bull 2X ETF","LU1861558580.USD":"日兴方舟颠覆性创新基金B","COIG":"2倍做多COIN ETF- Leverage Shares","CONY":"COIN期权收益策略ETF-YieldMax","LU1861217088.USD":"贝莱德金融科技A2","ICOI":"Bitwise COIN Option Income Strategy ETF","COIW":"COIN周配息ETF-Roundhill","BK4585":"ETF&股票定投概念","LU1861220207.SGD":"Blackrock FinTech A2 SGD-H","BK4516":"特朗普概念","BK4535":"淡马锡持仓","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","BK4596":"哈里斯概念"},"translate_title":"随着MiCA截止日期的临近，Coinbase、OKX追逐币安用户","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CONL":0.6,"COIG":0.6,"ICOI":0.6,"FIAT":0.6,"CONY":0.6,"CONX":0.6,"COII":0.6,"COIO":0.6,"COIW":0.6,"COIA":0.6,"CONI":0.6,"COYY":0.6,"COIN":1.91},"content_text":"Coinbase and OKX are trying to win European crypto users after Binance moved to suspend several services in the European Union. The shift comes before the July 1 MiCA deadline, when crypto firms must hold approval from one EU state to keep serving the bloc.\n\n\nSummary\n\n\n\nCoinbase and OKX moved fast as Binance prepared to restrict several EU services under MiCA.\nTransfer bonuses show licensed exchanges are competing for users before Europe’s crypto rulebook fully starts.\nBinance says assets remain accessible while it searches for a new EU authorization route elsewhere.\n\n\n\nThe campaigns add a commercial race to a regulatory deadline. Binance has told users that access to some services will change because it has not secured a MiCA license in time.\nRivals move with transfer offers\nAs reported, Coinbase is using the opening to court users in Germany, France, Italy, Belgium, Poland, Sweden and the U.K. The exchange says it holds MiCA approval and is offering a “5% transfer bonus” for users who move funds before July 13.\nThe offer puts Coinbase’s regulated status at the center of its pitch. It also gives affected users a time-limited reason to move funds before Binance fully adjusts its European services.\nOKX has launched a similar push for eligible users in the European Economic Area. The exchange is offering welcome rewards and “deposit matching of up to 8%” as it promotes itself as a licensed platform for long-term access in Europe.\nOKX Europe General Manager Erald Ghoos said the exchange saw record new customer sign-ups ahead of the MiCA transition deadline. The rise suggests some users are already moving before the new rules take full effect.\n\nCoinbase and OKX Move to Capture Binance EU Users After MiCA Service SuspensionCoinbase and OKX have launched promotional campaigns targeting European users after Binance suspended certain services in the EU for failing to secure a MiCA license before the July 1 deadline.… pic.twitter.com/od5xFE9J0T— Wu Blockchain (@WuBlockchain) June 28, 2026\n\nBinance keeps withdrawal access open\nBinance has said it will restrict new registrations and certain services in the EU after missing the licensing deadline. The exchange has also told users that their assets “remain accessible at all times.”\nThe company withdrew its Greek MiCA application and said it would seek approval in another EU country. Binance also said its European goals “remain the same” and that it expects to secure a license in the coming months.\nAs previously reported, Binance had already been exploring another EU approval route before the cutoff. Reports said regulators had raised concerns tied to compliance history, corporate structure and executive oversight.\nThe service pause does not mean a full exit from Europe. It means Binance cannot keep offering the same range of services to EU users without MiCA approval after the transition period ends.\nMiCA changes Europe’s exchange market\nMiCA creates one rulebook for crypto service providers across the EU. From July 1, firms without approval must stop serving EU users or manage an orderly wind-down.\nThe rule gives licensed exchanges a clear marketing edge. Coinbase, OKX, Kraken and other approved firms can present themselves as stable routes for users who want to keep trading under EU rules.\nCustomers now have to check eligibility, fees, asset support and local rules before transferring assets. Campaign rewards can lower moving costs, but users still need to compare custody, trading pairs and withdrawal terms.\nData shared by OKX Europe earlier showed many European crypto users were still using unlicensed exchanges weeks before the deadline. That created a large pool of users who may need to review their platform choices.\n\n\n\n\n\n                Read more:\n            \n\n                What is real-world asset tokenization? RWAs on the blockchain explained","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2646314368","isCrawlerRequest":true}