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Coinbase and Ripple gain EU-wide crypto licenses as Binance scales back post-MiCA deadline.

Market News
16 Jul 2026
Crypto news
View Source
Bullish
pluang ai news

Coinbase and Ripple have secured licenses in Luxembourg granting them EU-wide access under the new MiCA regulations, which took effect July 1. This regulatory shift forced Binance and other unlicensed platforms to reduce services, creating an opportunity for licensed exchanges to attract migrating customers. Coinbase incentivized transfers from non-compliant platforms with a 5% bonus, while Ripple's authorization allows it to expand regulated payment and stablecoin services across Europe. The changes also open space for stablecoins like USDC and RLUSD as USDT faces restrictions, potentially impacting regional revenues and crypto adoption in the EU market.

More News (XRP)

White House to host key bitcoin and crypto meeting with Trump and top regulators this week

White House to host key bitcoin and crypto meeting with Trump and top regulators this week

Bitcoin and cryptocurrency prices have been stagnant in 2026, trading around $60,000 despite significant volatility last year. A major meeting at the White House is scheduled this week, expected to include President Donald Trump, executives from lead...

Market News
Neutral
9 hours ago
XRP price steadies near $1 as whale transfers to Binance hit lowest since 2021, but weak demand limits recovery.

XRP price steadies near $1 as whale transfers to Binance hit lowest since 2021, but weak demand limits recovery.

XRP price remains around $1 after a 3.2% drop over the past week, with whale transfers to Binance falling to $61 million on a three-month average, the lowest since 2021. Reduced whale inflows suggest less immediate selling pressure, a positive sign, ...

Technical Signals
Neutral
11 hours ago
AI models predict XRP may dip below $1 in early September amid bearish sentiment and technical weakness.

AI models predict XRP may dip below $1 in early September amid bearish sentiment and technical weakness.

AI forecasts from multiple models suggest XRP could fall to around $0.97 by September 1, indicating a nearly 3% drop from current prices. This bearish outlook aligns with XRP's recent downtrend since June, where it has struggled to maintain gains abo...

Market News
Bearish
13 hours ago
Morgan Stanley expands XRP exposure via three ETFs, signaling growing institutional interest in crypto.

Morgan Stanley expands XRP exposure via three ETFs, signaling growing institutional interest in crypto.

Morgan Stanley disclosed holdings in three different XRP exchange-traded funds (ETFs) in its recent 13F filing, including Franklin XRP ETF, REX-Osprey XRP ETF, and Bitwise XRP ETF. While the positions are small relative to the bank's overall portfoli...

Market News
Bullish
14 hours ago
White House hosts crypto summit with Trump and top execs amid key legislation review

White House hosts crypto summit with Trump and top execs amid key legislation review

President Trump will lead a White House summit next Wednesday with major cryptocurrency executives from Coinbase, Ripple, Gemini, and others, alongside regulators including the SEC and CFTC heads. The meeting, held at the Eisenhower Executive Office ...

Market News
Bullish
15 hours ago
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