Deutsche Bank says its first crypto custody service is weeks from launch in Germany, starting with Bitcoin and Ether. The bank's product page lists five tokens, so the gap between a supported asset and a usable service is what clients will meet first.
Perspective Coverage
3 publishers
- Builder
- Builder 12%
- Operator
- Operator 37%
- Investor
- Investor 51%
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+20
- Incentives45
- Confidence65
Austria's FMA has authorized BingX EU under MiCA for 29 EEA countries, 105 days after the July 1 end of the transition period. With no launch date set, European customers cannot yet act on it, Cryptobriefing reported.
Perspective Coverage
4 publishers
- Builder
- Builder 15%
- Operator
- Operator 48%
- Investor
- Investor 37%
Reality
- Evidence66
- Adoption
- Not scored
- Hype gap+15
- Incentives55
- Confidence68
Qivalis, a consortium backed by 37 European banks, received a Dutch e-money institution licence and plans to issue a euro stablecoin in the coming months. It must still publish a MiCA white paper before it can issue.
Perspective Coverage
6 publishers
- Builder
- Builder 22%
- Operator
- Operator 46%
- Investor
- Investor 32%
Reality
- Evidence72
- Adoption3
- Hype gap+10
- Incentives60
- Confidence75
ESMA tells MiCA-authorised crypto firms to drop non-compliant stablecoins by 8 January 2027
ESMA told national regulators to have MiCA-authorised crypto firms stop servicing non-compliant stablecoins by 8 January 2027. The notice is supervisory guidance, so the date binds only as far as each national authority enforces it.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+10
- Incentives
- Not scored
- Confidence55
Circle told the European Commission that only 3 of the world's top 25 stablecoins are authorized under MiCA, in its response to the law's review. Circle issues two of the three, and it ties the gap to bank-deposit and concentration rules it wants loosened.
Perspective Coverage
5 publishers
- Builder
- Builder 18%
- Operator
- Operator 42%
- Investor
- Investor 40%
Reality
- Evidence60
- Adoption30
- Hype gap+20
- Incentives80
- Confidence65
ECB and EBA want MiCA to ban stablecoin yield and vet DeFi protocols, Aave's Kulechov says
Aave founder Stani Kulechov says the ECB and EBA want the Commission's MiCA review to ban stablecoin yield and tighten DeFi access. By his account, EU providers would keep DeFi access only for users who pass suitability tests, and perhaps only to protocols the authorities certify.
Reality
- Evidence30
- Adoption
- Not scored
- Hype gap+20
- Incentives80
- Confidence35
AllUnity, co-founded by Deutsche Bank's DWS, launched USDAU, a MiCA-regulated US dollar stablecoin, on six blockchains. Dollar tokens already hold more than 99% of a $291 billion stablecoin market, the segment AllUnity enters from a base of small euro and Swiss franc coins.
Reality
- Evidence55
- Adoption10
- Hype gap+20
- Incentives65
- Confidence60
buildOne report1 publisher MiCA's transitional window shut with roughly 17% of Europe's crypto firms authorised
Article 143(3) ran out on 1 July 2026, so from that date Article 59 applies to EU client business without exception, and the register that decides who sits inside the perimeter is still being revised week by week.
Reality
- Evidence45
- Adoption30
- Hype gap+25
- Incentives70
- Confidence45
EURR is issued by a Stripe-owned Luxembourg entity, not by Revolut. The regulated fintechs are distributing on-chain money; the balance-sheet obligation sits elsewhere.
Perspective Coverage
5 publishers
- Builder
- Builder 24%
- Operator
- Operator 38%
- Investor
- Investor 38%
Reality
- Evidence71
- Adoption24
- Hype gap+34
- Incentives76
- Confidence66
Binance is still verifying EU users 49 days after MiCA's deadline, tests indicate
Independent testing says new European accounts were opened, verified and funded in mid-August, seven weeks past the MiCA cutoff. The exchange appears on neither of ESMA's two lists.
Reality
- Evidence54
- Adoption58
- Hype gap+18
- Incentives60
- Confidence46
MiCA's vault problem: four roles, and no obvious provider to regulate
The Commission's MiCA review consultation closes Sept. 30, and nobody has a working test for which of a lending vault's role holders is the regulated provider.
Reality
- Evidence48
- Adoption
- Not scored
- Hype gap+26
- Incentives66
- Confidence54