He Yi: Compliance and regulation drive industry progress; Binance will meet the challenges, with the goal of reaching for the stars.
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Binance: The standard for judging MiCA should be the number of companies included in its regulation, not whether there are any rules.
PANews reported on July 3rd that, according to CoinDesk, Gillian Lynch, Binance's head of Europe and the UK, stated that the success of the EU's MiCA regulation depends on how many companies are included in the regulatory system, not just on whether it has a rulebook. Binance withdrew its MiCA application to Greece last week, leading to an emergency notice to users 10 days before the July 1st deadline, suspending some services and halting new registrations. Lynch denied a Wall Street Journal report that the European Securities and Markets Authority (ESMA) privately advised Greece to reject Binance's application, calling it a "distortion of the facts." She stated that Binance delisted the relevant accounts and reported the anomaly to law enforcement after discovering the irregularities. She also refuted allegations that Binance ignored sanctions or retaliated against compliance staff.
Binance Research released a stablecoin industry report: platform stablecoin reserves reached $53 billion, with market share rising to 57%.
Odaily Odaily that Binance Research has released an industry report titled "Stablecoins: Reshaping the Financial Landscape." The report shows that as of now, Binance's stablecoin reserves have reached $53 billion, increasing its market share from 54% to 57%, approximately $42 billion higher than the second-largest exchange. Meanwhile, in the first five months of 2026, the cumulative trading volume of TradeFi-related perpetual contracts exceeded $1.1 trillion, with Binance accounting for over $500 billion, representing approximately 47% of the market share. Furthermore, since 2022, Binance Wealth Management has distributed $1.2 billion in yield to over 14 million stablecoin users; BNB Chain sees 10 million daily stablecoin transactions and 15 million monthly active addresses, representing a market share of approximately 24% by transaction volume. The report points out that stablecoins are evolving from crypto asset trading tools into a crucial global financial settlement infrastructure, and Binance has built a one-stop stablecoin financial ecosystem covering trading, payments, yields, investment, and on-chain ecosystem.
Is the PCB becoming a key bottleneck? Industry insiders reveal: Manufacturing processes face challenges, Nvidia's Kyber rack may experience delays.
According to Mars Finance, semiconductor industry research firm SemiAnalysis published a series of articles on social media this morning Beijing time, indicating that Nvidia's Kyber NVL144 rack architecture may face delays. The firm stated, "Just three months after Jensen Huang showcased the Kyber NVL144 at GTC, the product has suffered a major setback and has been delayed by more than 12 months, postponed to 2028." Regarding the reason for the delay, the firm attributed it to "the significant challenges still facing the manufacturing process of the PCB midplane." SemiAnalysis pointed out, "Nvidia currently lacks a proven solution to extend the scaling domain of Rubin Ultra, leaving room for competitors such as AMD MI500X or TPUv8i Broadfly to surpass Rubin Ultra in scaling capabilities." (Cailian Press)
Nomura Securities: The core contradiction in the global storage industry remains a severe supply shortage, while AI-driven structural demand growth has not yet peaked.
According to Mars Finance, Nomura Securities, in its latest report, believes that the core contradiction in the global storage industry remains a severe supply shortage, and the structural demand growth driven by AI has not yet peaked. While recent investor concerns about oversupply are understandable, they are clearly excessive, and the market's overreaction may provide a window for reassessing the storage sector's valuation. Nomura Securities states bluntly in its report that market concerns are severely exaggerated. The cycle of semiconductor investment translating into actual production capacity is extremely long. South Korea's massive 4800 trillion won investment plan will take at least 5 to 10 years to convert into actual production capacity, and the squeeze on general-purpose storage capacity by high-profit HBM (high-bandwidth memory) is leading to a severe supply shortage in the market. Nomura Securities emphasizes that Meta's decision is by no means a turning point for reduced demand for AI-related hardware. On the contrary, due to the current shortage of computing power leading to an upward trend in single-token prices, the entry of Meta's computing power into the market is expected to stabilize token prices. (Cailian Press)
Analysis: The high compliance threshold of the UK FCA's crypto regulatory framework may be a key challenge to its implementation.
According to Odaily Odaily, the UK Financial Conduct Authority (FCA) officially released its regulatory framework for crypto assets this week. It is widely regarded by the industry as an international solution that emphasizes "global liquidity access," but its implementation still faces significant compliance and approval challenges. Under the new regulations, the FCA allows overseas exchanges to serve UK users through locally authorized branches and access global trading infrastructure, thus avoiding the formation of closed domestic liquidity pools. Simultaneously, stablecoins not issued in the UK can also circulate in the UK market, a stance considered significantly different from the regional segregation model of the EU's Crypto Asset Markets Regulation (MiCA). The "Qualified Crypto Asset Trading Platforms" (QCATP) mechanism in the new regulations is seen as a key structure connecting global exchanges with the UK market, potentially improving price efficiency and market depth. However, industry insiders point out that the FCA has not yet clarified which jurisdictions are deemed to have "comparable regulatory protection," and this uncertainty may affect companies' strategic deployment decisions. Furthermore, the rules related to decentralized finance (DeFi) are still not fully clear, and some practitioners are concerned that early solutions may restrict centralized platforms from accessing the DeFi ecosystem, causing the UK to lag behind other jurisdictions in this area of innovation. From a compliance perspective, lawyers point out that under the new Financial Services and Markets Act framework, the authorization process may be extremely stringent, with historical data showing that the FCA's anti-money laundering registration approval rate is less than 15%. The new system will also cover multi-dimensional regulatory requirements such as consumer responsibility, capital adequacy, operational resilience, and senior management accountability, significantly raising the entry threshold. Industry insiders believe that the framework provides a basic institutional foundation for institutional funds to enter the crypto market, but whether the UK can truly become a global crypto hub will depend on the certainty of regulatory enforcement and the efficiency of approvals in the coming months. (CoinDesk)
Gate has been recognized as one of the best MiCA-licensed trading platforms in 2026, continuing to strengthen its European compliance advantages.
According to BeInCrypto's latest Odaily, Gate has been selected as one of the "Best MiCA-Licensed Crypto Platforms in 2026" and awarded "Best for Access to a Large Cryptocurrency Selection." The rankings indicate that Gate offers a diversified digital asset ecosystem encompassing spot trading, contracts, wealth management, and Web3 services, and provides European users with a more comprehensive digital asset trading experience thanks to its extensive asset coverage and product portfolio. With the official end of the transition period for the EU's Crypto Asset Market Regulation (MiCA), the European digital asset market has fully entered an era of unified regulation. Gate Europe had previously taken the lead in obtaining both an EU MiCA license and a Payment Institution (PI) license. These two important regulatory qualifications provide a solid foundation for Gate Europe to conduct business under the European regulatory framework and further strengthen the platform's capabilities in compliant operations, risk management, and long-term development. This recognition from a well-known industry media outlet further demonstrates Gate's positive progress in promoting compliance and continuously optimizing its products and services in Europe. Gate's founder and CEO, Dr. Han, stated that the formal implementation of MiCA signifies the end of the era of "regulatory arbitrage" in the European crypto industry, and market competition will increasingly focus on product, security, and user experience. His views were also reprinted by Cointelegraph, further reflecting the industry's widespread attention to the new era of European regulation. Currently, multiple entities under Gate have completed relevant regulatory registrations, license applications, or obtained authorizations and approvals in jurisdictions such as Malta, the Bahamas, Japan, the United States, Australia, and Dubai, solidifying their global business foundation through multi-regional regulatory licenses and registrations. The platform continues to advance its global compliance strategy and constantly improve its global compliance network to provide users with safer, more transparent, and more efficient digital asset services.