币安7月31日将停止对欧元稳定币AEUR的支持，用户可将AEUR兑换为EUR
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Binance will add watch tags for AEUR, PYR, SCRT, and VANRY.
PANews reported on July 3rd that, according to an official announcement, Binance will add the "watch list" tag to the following tokens on July 3rd, 2026, based on recent reviews: Anchored EUR (AEUR), Vulcan Forged PYR (PYR), Secret (SCRT), and Vanar (VANRY). Tokens with the watch list tag may have higher volatility and risk compared to other listed tokens, and Binance will closely monitor and continuously review them. Trading these tokens with the watch list tag carries risks; these tokens may no longer meet listing standards and could be delisted.
Tether CEO: EU MiCA regulations are "very dangerous" for stablecoins; abandoning the application was to protect users.
PANews reported on July 2nd that, according to Coin Bureau, Tether CEO Paolo Ardoino explained why USDT did not apply for an EU MiCA license, stating that the regulation is "very dangerous for stablecoins." He indicated that MiCA could force issuers to hold 60% of their reserves in uninsured cash deposits at small European banks, which might be unable to handle large-scale redemptions. Ardoino believes the legislation is "poorly considered" and stated that "skipping MiCA is to protect Tether's more than 400 million users."
The European Parliament has called for a review of DeFi and NFT regulation, and a follow-up framework for MiCA has been put on the agenda.
PANews reported on July 8th that, according to a report by Crypto.news, members of the European Parliament on Tuesday adopted a policy position report, requesting the European Commission to review whether DeFi, staking, crypto lending, NFTs, and tokenized financial assets should be included in the subsequent regulation under the MiCA framework. The report does not amend existing laws or add new obligations, but sets priority directions for the next phase of crypto regulation. It also calls for consistency among member states, warning that differing national practices could weaken the EU's single market for digital assets. In May, the European Commission launched a public consultation on whether the MiCA should be extended to more crypto activities and whether to reconsider restrictions on interest-bearing stablecoins. The report takes a positive stance on tokenization and euro-denominated stablecoins, stating that unified implementation of rules would enhance the competitiveness of the European financial market.
Ukraine has for the first time brought the seized crypto assets under state control, confiscating over 8.3 million USDT.
PANews reported on July 3 that, according to Decrypt, Ukraine has for the first time brought seized crypto assets under state control. The Prosecutor General's Office of Ukraine stated in a Telegram announcement that over 8.3 million USDT had been transferred to wallets controlled by the State Agency for the Recovery and Management of State Assets. These USDT originated from a member of an alleged international hacking group that launched cyberattacks against targets in Europe and the United States, stealing confidential data and demanding ransoms, estimated to have caused over $100 million in losses. Four suspects, including the organizer, have been detained, and over $11.1 million in assets have been seized, including real estate, vehicles, $1 million in cash, and crypto assets. Ukraine legalized virtual assets in 2022 and is pushing forward with tax and regulatory legislation to align with EU standards.
Irish authorities have recovered 500 more bitcoins from the hidden assets of drug trafficker Clifton Collins.
PANews reported on July 3rd that, according to The Block, the Irish Crime Assets Service, with the assistance of Europol, has recovered 500 bitcoins, worth approximately $31 million, from convicted drug dealer Clifton Collins. This brings the total number of bitcoins recovered in the case to 1,500, with a total value exceeding $92 million. Collins originally held 6,000 bitcoins in 12 bitcoin wallets, funds obtained from growing and selling marijuana. He purchased bitcoins in late 2011 and early 2012 when they were worth only a few dollars, but after his imprisonment in 2017, the rented house where he kept his private keys was emptied, and the private keys were lost.
Circle CEO Responds to Competition Concerns Regarding OUSD: Stablecoins are Winner-Take-All! USDC's Decade-Long Network Effect Creates a Triple Moat
According to Mars Finance, on July 1st, Circle co-founder and CEO Jeremy Allaire responded to investors' questions regarding the competition from the emerging stablecoin OUSD, emphasizing that stablecoins are a business built on long-term platform and network effects, with a significant winner-takes-all characteristic. USDC's network strength stems from three barriers: First, the network effect of developer and application integration: thousands of services have integrated USDC, each integration amplifies network utility, forming a positive flywheel of developer preference and user stickiness; Second, the liquidity network effect: USDC is currently the third most liquid digital asset globally, alongside BTC and USDT, while other USD stablecoins have only one-tenth of its liquidity and are highly concentrated on promotional accounts on a single trading platform. USDC's liquidity is dispersed across dozens of exchanges, and it took nearly a decade to build this global liquidity foundation; Third, deep integration of policy and regulation: USDC is the only large-scale global stablecoin simultaneously covering Europe and Japan, and Circle continuously invests in the global banking system, reserve management, and near-24/7 liquidity infrastructure. Artemis data shows that USDC processed nearly $30 trillion in on-chain transactions in Q1 2026, accounting for 80% of all USD stablecoin transactions. Allaire addressed OUSD's core selling points point by point: First, while free minting and redemption are theoretically attractive, the market reality is that stablecoins with strong redemption capabilities, high liquidity, and zero fees naturally become exit channels for competitors. Circle addresses this issue through contractual mechanisms rather than general fee waivers. Second, while "everyone sharing the profits" sounds appealing, Circle has already distributed most of its revenue to distribution partners, while retaining sufficient revenue to continuously invest in the infrastructure that makes USDC a global utility—"distributing all revenue will only starve the infrastructure." Third, while the consortium governance model is attractive, its history of scaling and product agility is extremely poor. Large corporations often suffer from poor coordination, inconsistent incentives, and self-interest that stifles consortium operational investment. Circle attempted a similar model in the early days of USDC, encountering immense challenges even on a small scale; small, focused strategic partnerships and independently driven business partnerships almost always prevailed. Allaire also explicitly stated that Circle's stablecoin partnership with Coinbase remains strong, with both parties seeing significant opportunities to expand the USDC network. He expressed optimism about the overall growth of the stablecoin ecosystem, welcomed OUSD, and revealed that Circle is continuously expanding its partnerships with dozens of other stablecoin issuers through platforms such as Arc, CCTP, CPN, StableFX, and Agent Stack, even though some of these partners compete with Circle in other areas of their business. Last night, Open Standard announced the launch of OpenUSD, a new stablecoin backed by over 140 companies including Visa, Stripe, Mastercard, BlackRock, and Coinbase. According to BIT (bit.com) market data, Circle's stock price fell over 16% on Tuesday as a result, but has since rebounded briefly to a 1.55% gain in pre-market trading.