7-3
CZ says Binance withdrew its Greece MiCA licence bid after political factors stalled approval
Binance founder Changpeng “CZ” Zhao said on July 3, 2026 that the exchange’s MiCA licence application in Greece was compliant and nearing approval before political factors led the company to withdraw it. Binance is now preparing to apply through another EU member state, aiming to secure authorization within the coming months, according to remarks he made on The Starting Block. The move follows the July 1 cutoff under MiCA after which firms without authorization must stop regulated crypto activities across the European Union, with Spain’s securities regulator saying it will offer no extensions or exemptions. CZ said he had no documentary evidence of political interference and denied reports that European Central Bank President Christine Lagarde directly blocked the application.
7-3
7-3
GENIUS Act rulemaking deadline set for July 18, 2026, sharpening competition among stablecoin issuers
The GENIUS Act sets a federal stablecoin framework that becomes fully enforceable after a July 18, 2026 rulemaking deadline, requiring highly liquid government-asset reserves, monthly independent audits, AML programs, and a ban on paying holders interest. Compliance costs are largely fixed, leaving a $200M-scale issuer facing a burden of more than 200% of revenue, while USDT ($184.4B) and USDC ($73.3B) can keep the same costs to roughly 0.8%–4%. The law includes a $10B threshold that forces issuers above it to move to federal oversight within 360 days, and starting July 18, 2028, non-compliant stablecoins lose eligibility for listing on U.S. exchanges.
USDC
USDC+0.01%
7-3
7-3
Irish authorities access 6,000 BTC stash bought in 2011 without keys, withdraw 1,500 BTC by 2026-07-03
In 2011, an Irish drug dealer bought around 6,000 BTC and hid the paper keys inside a fishing rod case, but the keys were later thrown away after his arrest, leaving the coins frozen for years. In 2026, with help from Europol, Irish authorities accessed the wallets without recovering the keys and have withdrawn 1,500 BTC so far, including 500 BTC on 2026-07-03. Around 4,500 BTC, valued at over $270 million, remains under potential law-enforcement control.
BTC
BTC+0.37%
7-3
7-3
KASTxyz rolls out crypto payment card letting users spend BNB, with points that may convert into company equity
KASTxyz has launched a crypto payment card that supports everyday spending, including payments made with BNB, and is expanding across Asia, Saudi Arabia and Dubai. The company says points earned through card usage could later be mapped into real equity in KAST. The announcement did not provide quantitative details such as token support beyond BNB, fundraising size, an equity conversion ratio, or a timeline, and it did not mention regulatory approvals or exchange listings.
BNB
BNB+0.10%
7-3
7-3
Illicit stablecoin flows estimated at $141B put wallet-level KYC back on regulators’ agenda
An estimated $141 billion in illicit stablecoin flows—based on aggregated methodologies used by firms such as Chainalysis and TRM Labs—is intensifying regulatory momentum toward wallet-level KYC. The focus is shifting to fiat on- and off-ramps, stablecoin issuers and virtual asset service providers, while Tether and Circle have already made freezing sanctioned or crime-linked addresses routine and are expected to expand real-time screening and blacklist coordination. Tron has drawn added scrutiny because of high-frequency USDT transfers, even as the push does not directly ban self-custody but raises the compliance and operational burden of moving between stablecoins and fiat.
USDC
USDC+0.01%
7-3
7-3
BlackRock, Fidelity and other asset managers expand Bitcoin exposure via spot ETFs after January 2024 launch
The article examines how major asset managers including BlackRock and Fidelity have used spot bitcoin ETFs to gain exposure to BTC, with the trend accelerating after the products began trading in January 2024. It says participation now spans multiple types of regulated institutions, including asset managers, hedge funds, pension funds and insurers. The piece adds that activity goes beyond buying bitcoin spot, extending to services such as custody, clearing and derivatives that embed bitcoin into mainstream financial infrastructure. It argues that the ETF structure is driving sustained, measurable inflows rather than a one-off event.
BTC
BTC+0.37%
7-3
7-3
Binance and WLFI roll out USD1 promo offering 8.5% APY on the first $2,000 until July 27
Binance and World Liberty Financial (WLFI) have launched a limited-time yield promotion for the USD1 stablecoin, running through July 27, 2026. The offer pays an 8.5% annualized yield on the first $2,000 equivalent in USD1, while any amount above that earns 0.5%. The product is principal-protected and allows withdrawals at any time. The campaign has no overall participation cap and is positioned as an incentive to encourage USD1 deposits, holding, and everyday use.
USD1
USD1-0.01%
7-3