Morning Edition · Saturday, July 11, 2026Published at 1:31 AM EDT · New York
AscendEX Shuts Down After Missing MiCA Deadline, Warns Some Withdrawals May Not Clear
Automated payouts are paused following a failed liquidity deal, leaving customers without firm assurances on timing or amounts as Europe's licensing regime removes unlicensed firms.
The crypto exchange AscendEX is shutting down after failing to meet requirements under the European Union's Markets in Crypto-Assets (MiCA) regime, and it has warned that some customer withdrawals may not be processed, according to CryptoSl…
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Regulatory Perimeter for Crypto Hardens in EU and US
Over 3-6 months, enforcement deadlines and rulemaking debates narrow who can operate, with MiCA culling unlicensed EU firms and US regulators weighing durable rules over fragile exemptions.
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