EU Greenlights 53 Crypto Firms Under MiCA—But Where Are Binance and Tether?

The EU just rolled out the welcome mat for 53 crypto companies under its shiny new MiCA framework. Surprise guests? Binance and Tether didn’t RSVP.

Regulatory rave or selective party?

Brussels’ crypto crackdown—sorry, ‘harmonization’—kicks off with a curated list of compliant players. The usual suspects (Coinbase, Kraken) made the cut. The elephant(s) not in the room? Two companies handling more volume than some small nations.

The compliance gap

MiCA’s strict stablecoin rules appear to have sidelined crypto’s most ‘liquidity-rich’ troublemakers. Tether’s opaque reserves and Binance’s regulatory tango finally hit a wall—EU-style.

Bottom line:
When traditional finance fails at innovation, it innovates at bureaucracy. The crypto industry’s ‘ask forgiveness, not permission’ playbook just met its match in Brussels’ red tape factory.