1 hour ago
Brian Armstrong of Coinbase and Star Xu of OKX offered caller users motion up bonuses of up to 8% of their deposits oregon transfers from different accounts.
Updated Jun 27, 2026, 2:20 p.m. Published Jun 27, 2026, 2:11 p.m.
Coinbase CEO and Founder Brian Armstrong offered caller users successful the EU motion up bonuses a time aft Binance told its clients it volition suspend definite crypto services from July 1. (Jesse Hamilton/CoinDesk)- Coinbase and OKX moved rapidly to tribunal Binance’s European users aft Binance said it would suspend immoderate services successful the European Union due to the fact that it lacks a MiCA licence by the July 1 deadline.
- Coinbase, which says it has been MiCA-licensed since 2025, is offering a 5 percent transportation bonus to caller users successful respective large European markets and the U.K. who determination funds to the level earlier July 13.
- OKX is pitching itself arsenic a semipermanent regulated alternate successful Europe with 1 of its largest invited campaigns, including bonuses and deposit matching of up to 8 percent for eligible users successful the European Economic Area, arsenic Binance works to unafraid a MiCA licence aft withdrawing its Greek application.
Coinbase and OKX are offering sign-up bonuses to users aft reports broke retired that rival speech Binance told its users in the European Union (EU) it is suspending immoderate services due to the fact that it volition not person a Markets successful Crypto-Assets (MiCA) licence successful spot by July 1.
Brian Armstrong, CEO and laminitis of Coinbase, wrote connected X Friday evening offering users successful Germany, France, Italy, Belgium, Poland, Sweden and the U.K. motion up bonuses. He pointed to his firm’s website where the offers were explained successful much detail.
“Coinbase has been MiCA licensed since 2025 and offers unified planetary liquidity crossed spot and derivatives,” the crypto speech says successful its connection to caller users.
“We’re offering a 5% transportation bonus for radical moving funds to Coinbase earlier July 13th,” it adds.
Star Xu, OKX laminitis and CEO, besides offered bonuses to caller users successful Europe in an X station connected Saturday saying that MiCA marks the commencement of a caller epoch for crypto successful the region.
“If you’re looking for a regulated level built for the agelong term, we’re excited to invited you to OKX,” helium said. “To observe this caller chapter, we’re offering 1 of our biggest invited campaigns for eligible EEA users, including invited bonuses and deposit matching of up to 8%.”
Binance emailed its users notifying them the speech was nary longer capable to judge caller registrations and would restrict services, a spokesperson for the Abu Dhabi-based institution told CoinDesk. "Your assets stay harmless and secure, and volition stay accessible astatine each times," the email said.
On Thursday, the institution said it withdrew its licence exertion in Greece and would question authorization successful different EU country.
However, successful a connection to CoinDesk, Binance said its "ambitions successful Europe stay the same, and we are assured we volition unafraid a MiCA licence successful the coming months."
The emails to clients successful France, Italy, Poland and Spain travel days earlier a June 30 deadline. Crypto firms indispensable person a MiCA licence from astatine slightest 1 EU subordinate authorities by July 1 to supply services crossed each 27 subordinate states. Unlicensed firms indispensable upwind down their EU activities.
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US equities connected crypto rails: entree is easy, on-chain composability is the existent test. Only Binance and Backpack present some - and lone Binance astatine scale.
US equities connected crypto rails: entree is easy, on-chain composability is the existent test. Only Binance and Backpack present some - and lone Binance astatine scale.
Why it matters:
US equities connected crypto rails: entree is easy, on-chain composability is the existent test. Only Binance and Backpack present some - and lone Binance astatine scale.
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