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Robinhood’s Blockchain Hit $400 Million TVL in 16 Days — But Memecoins, Not RWA, Drove the SurgeRobinhood, the retail brokerage that democratized commission-free stock trading, launched its own blockchain on July 1, 2026, positioning it as infrastructure for tokenized real-world assets and around-the-clock equity trading.
Within sixteen days, the network had accumulated $312-400 million in total value locked (TVL), ranking it among crypto’s fastest-growing blockchains. Yet the narrative took an unexpected turn: memcoins, not the tokenized stocks the platform was designed to showcase, became the primary engine of this explosive growth.
The Launch: An Infrastructure Play for Financial Markets
Robinhood Chain is an Ethereum Layer 2 network built using Arbitrum Orbit technology. The infrastructure runs at 100-millisecond block times and uses ETH for transaction fees, with Robinhood subsidizing gas costs for users transacting through its branded wallet for the first 90 days. The network launched with immediate integrations to Uniswap for spot trading, Chainlink for price oracle data, and Morpho for lending — a sophisticated stack designed to support institutional-grade DeFi and tokenized asset trading.
The company’s vision was explicit: create a blockchain where equities, bonds, commodities, and other real-world assets could be tokenized and traded twenty-four hours a day without the market-hours restrictions of traditional finance. For a company serving millions of retail investors accustomed to Robinhood’s interface simplicity, the blockchain represented the next frontier in making markets permissionless and programmable.
The Memecoin Takeover
The market had other ideas. Within days, a cat-themed memecoin named CASHCAT became the dominant liquidity source on the network. CASHCAT’s name references “Cash Cat,” an identity considered by Robinhood’s founders before the company settled on the Robinhood brand — a nostalgic connection that provided thematic ammunition for community-driven promotion.
In its first week, CASHCAT surged 2,158% in value, reaching a market capitalization between $156 million and $200 million at its peak before declining sharply. Early investors who purchased stakes measured in hundreds of dollars converted those positions into seven-figure returns. One documented trader converted an $800 position into more than $1 million in profit, a narrative that rippled across crypto trading forums and accelerated retail participation.
Other memecoins followed similar trajectories. Cash Dog and Hoodrat leveraged the memecoin momentum, each attempting to capture speculative trading volume. By mid-July, weekly DEX volume on Robinhood Chain reached $5.25 billion, volumes that would be exceptional for any new network and drew comparisons to Ethereum’s early-stage activity metrics.
The Contrast: Real-World Assets Versus Speculation
The stark disparity reveals the tension underlying the network’s early success. Tokenized real-world assets — the financial products Robinhood Chain was explicitly built to support — account for only $12.8-13 million in total value. Of this, approximately $10.68 million represents tokenized equities, while the remainder is distributed among commodity tokens, tokenized ETFs, and U.S. Treasury bonds.
Meanwhile, CASHCAT alone captured 12 times more value than all tokenized stocks combined. Stablecoins — USDC, USDT, and others — dominated TVL accounting, representing approximately $260-294 million of the network’s balance sheet. This composition suggests that the network’s early users were speculative traders seeking exposure to emerging blockchain ecosystems rather than financial professionals evaluating tokenized equity infrastructure.
CEO Acknowledges the Memecoin Reality
Vlad Tenev, Robinhood’s CEO, posted on X acknowledging the memecoin phenomenon: “While we’re building robinhood chain to be the best chain for RWA … it works great for memes too.” The statement, following CASHCAT’s ascent, signaled tacit acceptance that speculative interest had become the network’s primary growth catalyst. Tenev even followed CASHCAT’s official account, further legitimizing community perception of memecoin activity as part of the broader Robinhood Chain ecosystem.
The Infrastructure Implications
Robinhood Chain achieved 3.6 million daily transactions at peak activity, executed 17 million total transactions in its opening week, and onboarded nearly 350,000 addresses. Pump.fun, the Solana-based memecoin launchpad that has generated billions in speculative volume, announced support for Robinhood Chain tokens, further deepening the network’s integration into memecoin trading infrastructure.
This early adoption pattern is not unprecedented. New blockchains have historically attracted speculative capital first; institutional products follow as infrastructure matures. The question facing Robinhood is whether the memecoin speculators who drove initial TVL and transaction volume will eventually transition into users of tokenized equity and real-world asset offerings.
The Path Forward
Robinhood’s blockchain has achieved exceptional early metrics. Seven-day DEX volume reached $5.25 billion, daily active addresses approached 200,000 at peak, and over 13,900 smart contracts were deployed in the opening week. Yet these statistics mask an uncomfortable reality: most activity reflects speculation rather than adoption of the infrastructure Robinhood was explicitly designed to provide.
The company faces a critical inflection point: convert speculative traders into genuine users of tokenized financial products, or accept that memecoin trading activity, while impressive, does not validate its core RWA ambitions.
Robinhood’s Blockchain Hit $400 Million TVL in 16 Days — But Memecoins, Not RWA, Drove the Surge
Robinhood, the retail brokerage that democratized commission-free stock trading, launched its own blockchain on July 1, 2026, positioning it as infrastructure for tokenized real-world assets and around-the-clock equity trading.
Within sixteen days, the network had accumulated $312-400 million in total value locked (TVL), ranking it among crypto’s fastest-growing blockchains. Yet the narrative took an unexpected turn: memcoins, not the tokenized stocks the platform was designed to showcase, became the primary engine of this explosive growth.
The Launch: An Infrastructure Play for Financial Markets
Robinhood Chain is an Ethereum Layer 2 network built using Arbitrum Orbit technology. The infrastructure runs at 100-millisecond block times and uses ETH for transaction fees, with Robinhood subsidizing gas costs for users transacting through its branded wallet for the first 90 days. The network launched with immediate integrations to Uniswap for spot trading, Chainlink for price oracle data, and Morpho for lending — a sophisticated stack designed to support institutional-grade DeFi and tokenized asset trading.
The company’s vision was explicit: create a blockchain where equities, bonds, commodities, and other real-world assets could be tokenized and traded twenty-four hours a day without the market-hours restrictions of traditional finance. For a company serving millions of retail investors accustomed to Robinhood’s interface simplicity, the blockchain represented the next frontier in making markets permissionless and programmable.
The Memecoin Takeover
The market had other ideas. Within days, a cat-themed memecoin named CASHCAT became the dominant liquidity source on the network. CASHCAT’s name references “Cash Cat,” an identity considered by Robinhood’s founders before the company settled on the Robinhood brand — a nostalgic connection that provided thematic ammunition for community-driven promotion.
In its first week, CASHCAT surged 2,158% in value, reaching a market capitalization between $156 million and $200 million at its peak before declining sharply. Early investors who purchased stakes measured in hundreds of dollars converted those positions into seven-figure returns. One documented trader converted an $800 position into more than $1 million in profit, a narrative that rippled across crypto trading forums and accelerated retail participation.
Other memecoins followed similar trajectories. Cash Dog and Hoodrat leveraged the memecoin momentum, each attempting to capture speculative trading volume. By mid-July, weekly DEX volume on Robinhood Chain reached $5.25 billion, volumes that would be exceptional for any new network and drew comparisons to Ethereum’s early-stage activity metrics.
The Contrast: Real-World Assets Versus Speculation
The stark disparity reveals the tension underlying the network’s early success. Tokenized real-world assets — the financial products Robinhood Chain was explicitly built to support — account for only $12.8-13 million in total value. Of this, approximately $10.68 million represents tokenized equities, while the remainder is distributed among commodity tokens, tokenized ETFs, and U.S. Treasury bonds.
Meanwhile, CASHCAT alone captured 12 times more value than all tokenized stocks combined. Stablecoins — USDC, USDT, and others — dominated TVL accounting, representing approximately $260-294 million of the network’s balance sheet. This composition suggests that the network’s early users were speculative traders seeking exposure to emerging blockchain ecosystems rather than financial professionals evaluating tokenized equity infrastructure.
CEO Acknowledges the Memecoin Reality
Vlad Tenev, Robinhood’s CEO, posted on X acknowledging the memecoin phenomenon: “While we’re building robinhood chain to be the best chain for RWA … it works great for memes too.” The statement, following CASHCAT’s ascent, signaled tacit acceptance that speculative interest had become the network’s primary growth catalyst. Tenev even followed CASHCAT’s official account, further legitimizing community perception of memecoin activity as part of the broader Robinhood Chain ecosystem.
The Infrastructure Implications
Robinhood Chain achieved 3.6 million daily transactions at peak activity, executed 17 million total transactions in its opening week, and onboarded nearly 350,000 addresses. Pump.fun, the Solana-based memecoin launchpad that has generated billions in speculative volume, announced support for Robinhood Chain tokens, further deepening the network’s integration into memecoin trading infrastructure.
This early adoption pattern is not unprecedented. New blockchains have historically attracted speculative capital first; institutional products follow as infrastructure matures. The question facing Robinhood is whether the memecoin speculators who drove initial TVL and transaction volume will eventually transition into users of tokenized equity and real-world asset offerings.
The Path Forward
Robinhood’s blockchain has achieved exceptional early metrics. Seven-day DEX volume reached $5.25 billion, daily active addresses approached 200,000 at peak, and over 13,900 smart contracts were deployed in the opening week. Yet these statistics mask an uncomfortable reality: most activity reflects speculation rather than adoption of the infrastructure Robinhood was explicitly designed to provide.
The company faces a critical inflection point: convert speculative traders into genuine users of tokenized financial products, or accept that memecoin trading activity, while impressive, does not validate its core RWA ambitions.
Within sixteen days, the network had accumulated $312-400 million in total value locked (TVL), ranking it among crypto’s fastest-growing blockchains. Yet the narrative took an unexpected turn: memcoins, not the tokenized stocks the platform was designed to showcase, became the primary engine of this explosive growth.
The Launch: An Infrastructure Play for Financial Markets
Robinhood Chain is an Ethereum Layer 2 network built using Arbitrum Orbit technology. The infrastructure runs at 100-millisecond block times and uses ETH for transaction fees, with Robinhood subsidizing gas costs for users transacting through its branded wallet for the first 90 days. The network launched with immediate integrations to Uniswap for spot trading, Chainlink for price oracle data, and Morpho for lending — a sophisticated stack designed to support institutional-grade DeFi and tokenized asset trading.
The company’s vision was explicit: create a blockchain where equities, bonds, commodities, and other real-world assets could be tokenized and traded twenty-four hours a day without the market-hours restrictions of traditional finance. For a company serving millions of retail investors accustomed to Robinhood’s interface simplicity, the blockchain represented the next frontier in making markets permissionless and programmable.
The Memecoin Takeover
The market had other ideas. Within days, a cat-themed memecoin named CASHCAT became the dominant liquidity source on the network. CASHCAT’s name references “Cash Cat,” an identity considered by Robinhood’s founders before the company settled on the Robinhood brand — a nostalgic connection that provided thematic ammunition for community-driven promotion.
In its first week, CASHCAT surged 2,158% in value, reaching a market capitalization between $156 million and $200 million at its peak before declining sharply. Early investors who purchased stakes measured in hundreds of dollars converted those positions into seven-figure returns. One documented trader converted an $800 position into more than $1 million in profit, a narrative that rippled across crypto trading forums and accelerated retail participation.
Other memecoins followed similar trajectories. Cash Dog and Hoodrat leveraged the memecoin momentum, each attempting to capture speculative trading volume. By mid-July, weekly DEX volume on Robinhood Chain reached $5.25 billion, volumes that would be exceptional for any new network and drew comparisons to Ethereum’s early-stage activity metrics.
The Contrast: Real-World Assets Versus Speculation
The stark disparity reveals the tension underlying the network’s early success. Tokenized real-world assets — the financial products Robinhood Chain was explicitly built to support — account for only $12.8-13 million in total value. Of this, approximately $10.68 million represents tokenized equities, while the remainder is distributed among commodity tokens, tokenized ETFs, and U.S. Treasury bonds.
Meanwhile, CASHCAT alone captured 12 times more value than all tokenized stocks combined. Stablecoins — USDC, USDT, and others — dominated TVL accounting, representing approximately $260-294 million of the network’s balance sheet. This composition suggests that the network’s early users were speculative traders seeking exposure to emerging blockchain ecosystems rather than financial professionals evaluating tokenized equity infrastructure.
CEO Acknowledges the Memecoin Reality
Vlad Tenev, Robinhood’s CEO, posted on X acknowledging the memecoin phenomenon: “While we’re building robinhood chain to be the best chain for RWA … it works great for memes too.” The statement, following CASHCAT’s ascent, signaled tacit acceptance that speculative interest had become the network’s primary growth catalyst. Tenev even followed CASHCAT’s official account, further legitimizing community perception of memecoin activity as part of the broader Robinhood Chain ecosystem.
The Infrastructure Implications
Robinhood Chain achieved 3.6 million daily transactions at peak activity, executed 17 million total transactions in its opening week, and onboarded nearly 350,000 addresses. Pump.fun, the Solana-based memecoin launchpad that has generated billions in speculative volume, announced support for Robinhood Chain tokens, further deepening the network’s integration into memecoin trading infrastructure.
This early adoption pattern is not unprecedented. New blockchains have historically attracted speculative capital first; institutional products follow as infrastructure matures. The question facing Robinhood is whether the memecoin speculators who drove initial TVL and transaction volume will eventually transition into users of tokenized equity and real-world asset offerings.
The Path Forward
Robinhood’s blockchain has achieved exceptional early metrics. Seven-day DEX volume reached $5.25 billion, daily active addresses approached 200,000 at peak, and over 13,900 smart contracts were deployed in the opening week. Yet these statistics mask an uncomfortable reality: most activity reflects speculation rather than adoption of the infrastructure Robinhood was explicitly designed to provide.
The company faces a critical inflection point: convert speculative traders into genuine users of tokenized financial products, or accept that memecoin trading activity, while impressive, does not validate its core RWA ambitions.
76
Article
La blockchain de Robinhood a atteint 400 millions de dollars de TVL en 16 jours — mais ce sont les memecoins, pas les actifs du monde réel (RWA), qui ont alimenté la hausseRobinhood, la plateforme de courtage en ligne qui a démocratisé le trading d’actions sans commission, a lancé sa propre blockchain le 1er juillet 2026, se positionnant comme une infrastructure pour les actifs du monde réel tokenisés et le trading d’actions 24 heures sur 24.
En l’espace de seize jours, le réseau avait accumulé 312 à 400 millions de dollars de valeur totale immobilisée (TVL), le plaçant parmi les blockchains à la croissance la plus rapide du secteur crypto. Pourtant, le récit a pris une tournure inattendue : ce sont les memecoins, et non les actions tokenisées que la plateforme était censée mettre en avant, qui sont devenus le moteur principal de cette croissance explosive.
La blockchain de Robinhood a atteint 400 millions de dollars de TVL en 16 jours — mais ce sont les memecoins, pas les actifs du monde réel (RWA), qui ont alimenté la hausse
Robinhood, la plateforme de courtage en ligne qui a démocratisé le trading d’actions sans commission, a lancé sa propre blockchain le 1er juillet 2026, se positionnant comme une infrastructure pour les actifs du monde réel tokenisés et le trading d’actions 24 heures sur 24.
En l’espace de seize jours, le réseau avait accumulé 312 à 400 millions de dollars de valeur totale immobilisée (TVL), le plaçant parmi les blockchains à la croissance la plus rapide du secteur crypto. Pourtant, le récit a pris une tournure inattendue : ce sont les memecoins, et non les actions tokenisées que la plateforme était censée mettre en avant, qui sont devenus le moteur principal de cette croissance explosive.
En l’espace de seize jours, le réseau avait accumulé 312 à 400 millions de dollars de valeur totale immobilisée (TVL), le plaçant parmi les blockchains à la croissance la plus rapide du secteur crypto. Pourtant, le récit a pris une tournure inattendue : ce sont les memecoins, et non les actions tokenisées que la plateforme était censée mettre en avant, qui sont devenus le moteur principal de cette croissance explosive.
145
La plateforme de perpétuels d’Arbitrum Ostium subit un exploit d’oracle de 18 millions de dollars — L’un des plus importants de 2026…Ostium, une plateforme décentralisée d’échanges de produits dérivés construite sur le réseau Arbitrum de couche 2, est devenue la cible d’une attaque sophistiquée de manipulation d’oracles le 15 juillet 2026.
L’assaut a vidé environ 18 millions de dollars en USDC, une cryptomonnaie stable, du coffre de liquidité de la plateforme — marquant l’une des attaques les plus importantes contre l’infrastructure de la finance décentralisée cette année et mettant en évidence des vulnérabilités critiques dans la manière dont les protocoles blockchain sécurisent les données de prix.
L’attaque : comment cela s’est produit
Une société de sécurité, Blockaid, a détecté la brèche dans les heures suivant son exécution, révélant une exploitation méthodique du système d’automatisation des flux de prix d’Ostium. L’attaquant a obtenu accès à un composant critique appelé PriceUpKeep, un contrat intelligent chargé de soumettre des prix d’actifs réels à la blockchain aux moments précis où les transactions sont exécutées.
La plateforme de perpétuels d’Arbitrum Ostium subit un exploit d’oracle de 18 millions de dollars — L’un des plus importants de 2026…
Ostium, une plateforme décentralisée d’échanges de produits dérivés construite sur le réseau Arbitrum de couche 2, est devenue la cible d’une attaque sophistiquée de manipulation d’oracles le 15 juillet 2026.
L’assaut a vidé environ 18 millions de dollars en USDC, une cryptomonnaie stable, du coffre de liquidité de la plateforme — marquant l’une des attaques les plus importantes contre l’infrastructure de la finance décentralisée cette année et mettant en évidence des vulnérabilités critiques dans la manière dont les protocoles blockchain sécurisent les données de prix.
L’attaque : comment cela s’est produit
Une société de sécurité, Blockaid, a détecté la brèche dans les heures suivant son exécution, révélant une exploitation méthodique du système d’automatisation des flux de prix d’Ostium. L’attaquant a obtenu accès à un composant critique appelé PriceUpKeep, un contrat intelligent chargé de soumettre des prix d’actifs réels à la blockchain aux moments précis où les transactions sont exécutées.
L’assaut a vidé environ 18 millions de dollars en USDC, une cryptomonnaie stable, du coffre de liquidité de la plateforme — marquant l’une des attaques les plus importantes contre l’infrastructure de la finance décentralisée cette année et mettant en évidence des vulnérabilités critiques dans la manière dont les protocoles blockchain sécurisent les données de prix.
L’attaque : comment cela s’est produit
Une société de sécurité, Blockaid, a détecté la brèche dans les heures suivant son exécution, révélant une exploitation méthodique du système d’automatisation des flux de prix d’Ostium. L’attaquant a obtenu accès à un composant critique appelé PriceUpKeep, un contrat intelligent chargé de soumettre des prix d’actifs réels à la blockchain aux moments précis où les transactions sont exécutées.
119
Article
La plateforme de perpétuels Arbitrum Ostium subit un exploit d’oracle de 18 millions de dollars — L’un des plus importants de 2026...Ostium, une bourse décentralisée de dérivés construite sur le réseau de couche 2 Arbitrum, est devenue la cible d’une attaque sophistiquée de manipulation d’oracle le 15 juillet 2026.
L’assaut a vidé environ 18 millions de dollars en USDC, un stablecoin, du coffre de liquidité de la plateforme — marquant une des attaques les plus importantes contre l’infrastructure de la finance décentralisée cette année et mettant en lumière des vulnérabilités critiques dans la manière dont les protocoles blockchain sécurisent les données de prix.
L’attaque : comment elle s’est produite
La société de sécurité Blockaid a détecté la brèche dans les heures suivant son exécution, révélant une exploitation méthodique du système d’automatisation des flux de prix d’Ostium. L’attaquant a obtenu l’accès à un composant critique appelé PriceUpKeep, un smart contract chargé de soumettre les prix des actifs du monde réel à la blockchain aux moments précis où les transactions sont exécutées.
La plateforme de perpétuels Arbitrum Ostium subit un exploit d’oracle de 18 millions de dollars — L’un des plus importants de 2026...
Ostium, une bourse décentralisée de dérivés construite sur le réseau de couche 2 Arbitrum, est devenue la cible d’une attaque sophistiquée de manipulation d’oracle le 15 juillet 2026.
L’assaut a vidé environ 18 millions de dollars en USDC, un stablecoin, du coffre de liquidité de la plateforme — marquant une des attaques les plus importantes contre l’infrastructure de la finance décentralisée cette année et mettant en lumière des vulnérabilités critiques dans la manière dont les protocoles blockchain sécurisent les données de prix.
L’attaque : comment elle s’est produite
La société de sécurité Blockaid a détecté la brèche dans les heures suivant son exécution, révélant une exploitation méthodique du système d’automatisation des flux de prix d’Ostium. L’attaquant a obtenu l’accès à un composant critique appelé PriceUpKeep, un smart contract chargé de soumettre les prix des actifs du monde réel à la blockchain aux moments précis où les transactions sont exécutées.
L’assaut a vidé environ 18 millions de dollars en USDC, un stablecoin, du coffre de liquidité de la plateforme — marquant une des attaques les plus importantes contre l’infrastructure de la finance décentralisée cette année et mettant en lumière des vulnérabilités critiques dans la manière dont les protocoles blockchain sécurisent les données de prix.
L’attaque : comment elle s’est produite
La société de sécurité Blockaid a détecté la brèche dans les heures suivant son exécution, révélant une exploitation méthodique du système d’automatisation des flux de prix d’Ostium. L’attaquant a obtenu l’accès à un composant critique appelé PriceUpKeep, un smart contract chargé de soumettre les prix des actifs du monde réel à la blockchain aux moments précis où les transactions sont exécutées.
198
Article
Voir la traduction
Interactive Brokers Launches Major Crypto Expansion: 9 New Tokens and Stablecoin Withdrawal Capab...Interactive Brokers, one of America’s largest retail brokerage platforms, has taken a significant step toward integrating cryptocurrency into mainstream financial infrastructure. The firm announced the addition of twelve new digital assets to its trading platform and activated direct stablecoin withdrawal capabilities — a move that demonstrates how traditional finance is no longer waiting for regulatory clarity before building its own cryptocurrency rails.
The expansion includes nine tokens added through Zero Hash (AAVE, APT, CC, LDO, MON, NEAR, XPL, PAXG, and UNI) and three additional tokens through Paxos (AAVE, UNI, and PAXG), giving Interactive Brokers clients direct access to some of decentralized finance’s most established protocols and platforms. Equally significant is the activation of stablecoin withdrawal functionality, allowing clients to convert dollars into USDC, PYUSD, or RLUSD and transfer funds to external wallets instantly, twenty-four hours a day.
What This Means for Institutional Crypto Adoption
Interactive Brokers serves approximately 4.65 million client accounts globally across more than 200 countries and territories. The platform historically catered to sophisticated institutional investors, professional traders, and financial advisors seeking direct access to global markets. The addition of cryptocurrency trading and withdrawal functionality to a platform of this scale represents a watershed moment: Wall Street’s infrastructure layer is now actively facilitating crypto transactions at institutional volumes.
Prior to this expansion, Interactive Brokers offered limited cryptocurrency products focused on basic digital asset trading. The move to add DeFi-native tokens like Aave (AAVE) and Uniswap (UNI) — protocols that represent the cutting edge of decentralized financial innovation — signals that institutional demand for exposure to decentralized systems has reached a critical mass.
The Stablecoin Withdrawal Feature: A Game Changer
The most consequential addition is the stablecoin withdrawal capability. Previously, Interactive Brokers allowed clients to deposit funds but restricted outbound transfers to fiat currency only. The ability to withdraw directly into stablecoins on external wallets fundamentally changes the utility of the platform for cryptocurrency-native users and institutions.
Stablecoin withdrawals process nearly instantaneously and operate continuously, independent of banking hours or holidays. This functionality removes a major friction point that has historically separated crypto-native finance from traditional brokerage platforms: the requirement to route assets through centralized exchanges or intermediaries when moving between institutional finance and cryptocurrency networks.
Milan Galik, chief executive of Interactive Brokers, articulated the company’s strategic rationale in a statement: “Digital assets should be part of the overall client financial experience, not separate from it.” The statement reflects a philosophical shift in how established financial infrastructure views cryptocurrency — not as a speculative sidecar, but as an integrated component of a comprehensive investment and wealth management platform.
Fee Structure and Competitive Positioning
Interactive Brokers has positioned itself aggressively on pricing. Cryptocurrency trading commissions begin at 0.12-0.18% of trade value with a minimum of $1.75 per order. The platform explicitly advertises no spreads, markups, or custody fees — a pricing structure well below most mainstream brokerage platforms and competitive with specialized crypto trading venues.
The elimination of custody fees is particularly noteworthy. It reflects Interactive Brokers’ willingness to absorb infrastructure costs to drive adoption, betting that transaction volume and account growth will offset thin margins on individual trades.
Ecosystem Integration Strategy
Interactive Brokers’ approach differs fundamentally from how most traditional brokers have approached cryptocurrency. Rather than cordoning off crypto into a separate interface or subsidiary product, the platform integrates digital asset trading alongside equities, options, futures, bonds, funds, and prediction markets. Clients can execute a diversified strategy that includes cryptocurrency exposure without switching applications or managing multiple accounts. This architectural integration carries strategic importance beyond convenience. It signals that Interactive Brokers views cryptocurrency not as a niche product for retail speculators, but as a legitimate asset class for portfolio allocation decisions by professional money managers and institutions.
The Broader Context: TradFi Building Its Own Rails
The timing of Interactive Brokers’ expansion coincides with a broader pattern across Wall Street: traditional financial institutions are no longer waiting for regulators to define the future of cryptocurrency infrastructure. Instead, they are building it themselves.
The addition of gold-backed tokens (Pax Gold, or PAXG) is particularly symbolic. PAXG represents a bridge between traditional commodity markets and blockchain-based settlement layers — each token backed by a specific physical gold bar held in institutional vaults. The presence of PAXG on Interactive Brokers’ platform suggests that institutional investors are moving beyond spot Bitcoin and Ethereum to explore how blockchain tokenization can improve existing asset classes.
What This Signals for the Broader Market
Interactive Brokers’ move serves as a proxy for institutional sentiment. When a platform serving 4.65 million accounts across 200+ jurisdictions adds DeFi tokens and stablecoin withdrawal capability, it signals that the market for institutional-grade cryptocurrency infrastructure has matured beyond speculation.
The expansion also reveals frustration with regulatory uncertainty. Rather than wait for the Securities and Exchange Commission or Financial Industry Regulatory Authority to clarify cryptocurrency custody standards, Interactive Brokers has partnered with Zero Hash and Paxos — established infrastructure providers with their own regulatory frameworks — to build the rails independently.
Looking Ahead
Interactive Brokers has indicated that methodology for token selection will continue evolving and that future expansions are planned. The company has invited clients to submit feedback on additional assets they wish to see added to the platform, positioning itself as responsive to institutional demand rather than regulatory direction.
For the cryptocurrency ecosystem, Interactive Brokers’ expansion represents validation that the infrastructure layer connecting traditional finance and digital assets is now robust enough to support mainstream adoption at scale. The real question is no longer whether institutional finance will embrace cryptocurrency — it is how quickly that embrace will accelerate.
Interactive Brokers Launches Major Crypto Expansion: 9 New Tokens and Stablecoin Withdrawal Capab...
Interactive Brokers, one of America’s largest retail brokerage platforms, has taken a significant step toward integrating cryptocurrency into mainstream financial infrastructure. The firm announced the addition of twelve new digital assets to its trading platform and activated direct stablecoin withdrawal capabilities — a move that demonstrates how traditional finance is no longer waiting for regulatory clarity before building its own cryptocurrency rails.
The expansion includes nine tokens added through Zero Hash (AAVE, APT, CC, LDO, MON, NEAR, XPL, PAXG, and UNI) and three additional tokens through Paxos (AAVE, UNI, and PAXG), giving Interactive Brokers clients direct access to some of decentralized finance’s most established protocols and platforms. Equally significant is the activation of stablecoin withdrawal functionality, allowing clients to convert dollars into USDC, PYUSD, or RLUSD and transfer funds to external wallets instantly, twenty-four hours a day.
What This Means for Institutional Crypto Adoption
Interactive Brokers serves approximately 4.65 million client accounts globally across more than 200 countries and territories. The platform historically catered to sophisticated institutional investors, professional traders, and financial advisors seeking direct access to global markets. The addition of cryptocurrency trading and withdrawal functionality to a platform of this scale represents a watershed moment: Wall Street’s infrastructure layer is now actively facilitating crypto transactions at institutional volumes.
Prior to this expansion, Interactive Brokers offered limited cryptocurrency products focused on basic digital asset trading. The move to add DeFi-native tokens like Aave (AAVE) and Uniswap (UNI) — protocols that represent the cutting edge of decentralized financial innovation — signals that institutional demand for exposure to decentralized systems has reached a critical mass.
The Stablecoin Withdrawal Feature: A Game Changer
The most consequential addition is the stablecoin withdrawal capability. Previously, Interactive Brokers allowed clients to deposit funds but restricted outbound transfers to fiat currency only. The ability to withdraw directly into stablecoins on external wallets fundamentally changes the utility of the platform for cryptocurrency-native users and institutions.
Stablecoin withdrawals process nearly instantaneously and operate continuously, independent of banking hours or holidays. This functionality removes a major friction point that has historically separated crypto-native finance from traditional brokerage platforms: the requirement to route assets through centralized exchanges or intermediaries when moving between institutional finance and cryptocurrency networks.
Milan Galik, chief executive of Interactive Brokers, articulated the company’s strategic rationale in a statement: “Digital assets should be part of the overall client financial experience, not separate from it.” The statement reflects a philosophical shift in how established financial infrastructure views cryptocurrency — not as a speculative sidecar, but as an integrated component of a comprehensive investment and wealth management platform.
Fee Structure and Competitive Positioning
Interactive Brokers has positioned itself aggressively on pricing. Cryptocurrency trading commissions begin at 0.12-0.18% of trade value with a minimum of $1.75 per order. The platform explicitly advertises no spreads, markups, or custody fees — a pricing structure well below most mainstream brokerage platforms and competitive with specialized crypto trading venues.
The elimination of custody fees is particularly noteworthy. It reflects Interactive Brokers’ willingness to absorb infrastructure costs to drive adoption, betting that transaction volume and account growth will offset thin margins on individual trades.
Ecosystem Integration Strategy
Interactive Brokers’ approach differs fundamentally from how most traditional brokers have approached cryptocurrency. Rather than cordoning off crypto into a separate interface or subsidiary product, the platform integrates digital asset trading alongside equities, options, futures, bonds, funds, and prediction markets. Clients can execute a diversified strategy that includes cryptocurrency exposure without switching applications or managing multiple accounts. This architectural integration carries strategic importance beyond convenience. It signals that Interactive Brokers views cryptocurrency not as a niche product for retail speculators, but as a legitimate asset class for portfolio allocation decisions by professional money managers and institutions.
The Broader Context: TradFi Building Its Own Rails
The timing of Interactive Brokers’ expansion coincides with a broader pattern across Wall Street: traditional financial institutions are no longer waiting for regulators to define the future of cryptocurrency infrastructure. Instead, they are building it themselves.
The addition of gold-backed tokens (Pax Gold, or PAXG) is particularly symbolic. PAXG represents a bridge between traditional commodity markets and blockchain-based settlement layers — each token backed by a specific physical gold bar held in institutional vaults. The presence of PAXG on Interactive Brokers’ platform suggests that institutional investors are moving beyond spot Bitcoin and Ethereum to explore how blockchain tokenization can improve existing asset classes.
What This Signals for the Broader Market
Interactive Brokers’ move serves as a proxy for institutional sentiment. When a platform serving 4.65 million accounts across 200+ jurisdictions adds DeFi tokens and stablecoin withdrawal capability, it signals that the market for institutional-grade cryptocurrency infrastructure has matured beyond speculation.
The expansion also reveals frustration with regulatory uncertainty. Rather than wait for the Securities and Exchange Commission or Financial Industry Regulatory Authority to clarify cryptocurrency custody standards, Interactive Brokers has partnered with Zero Hash and Paxos — established infrastructure providers with their own regulatory frameworks — to build the rails independently.
Looking Ahead
Interactive Brokers has indicated that methodology for token selection will continue evolving and that future expansions are planned. The company has invited clients to submit feedback on additional assets they wish to see added to the platform, positioning itself as responsive to institutional demand rather than regulatory direction.
For the cryptocurrency ecosystem, Interactive Brokers’ expansion represents validation that the infrastructure layer connecting traditional finance and digital assets is now robust enough to support mainstream adoption at scale. The real question is no longer whether institutional finance will embrace cryptocurrency — it is how quickly that embrace will accelerate.
The expansion includes nine tokens added through Zero Hash (AAVE, APT, CC, LDO, MON, NEAR, XPL, PAXG, and UNI) and three additional tokens through Paxos (AAVE, UNI, and PAXG), giving Interactive Brokers clients direct access to some of decentralized finance’s most established protocols and platforms. Equally significant is the activation of stablecoin withdrawal functionality, allowing clients to convert dollars into USDC, PYUSD, or RLUSD and transfer funds to external wallets instantly, twenty-four hours a day.
What This Means for Institutional Crypto Adoption
Interactive Brokers serves approximately 4.65 million client accounts globally across more than 200 countries and territories. The platform historically catered to sophisticated institutional investors, professional traders, and financial advisors seeking direct access to global markets. The addition of cryptocurrency trading and withdrawal functionality to a platform of this scale represents a watershed moment: Wall Street’s infrastructure layer is now actively facilitating crypto transactions at institutional volumes.
Prior to this expansion, Interactive Brokers offered limited cryptocurrency products focused on basic digital asset trading. The move to add DeFi-native tokens like Aave (AAVE) and Uniswap (UNI) — protocols that represent the cutting edge of decentralized financial innovation — signals that institutional demand for exposure to decentralized systems has reached a critical mass.
The Stablecoin Withdrawal Feature: A Game Changer
The most consequential addition is the stablecoin withdrawal capability. Previously, Interactive Brokers allowed clients to deposit funds but restricted outbound transfers to fiat currency only. The ability to withdraw directly into stablecoins on external wallets fundamentally changes the utility of the platform for cryptocurrency-native users and institutions.
Stablecoin withdrawals process nearly instantaneously and operate continuously, independent of banking hours or holidays. This functionality removes a major friction point that has historically separated crypto-native finance from traditional brokerage platforms: the requirement to route assets through centralized exchanges or intermediaries when moving between institutional finance and cryptocurrency networks.
Milan Galik, chief executive of Interactive Brokers, articulated the company’s strategic rationale in a statement: “Digital assets should be part of the overall client financial experience, not separate from it.” The statement reflects a philosophical shift in how established financial infrastructure views cryptocurrency — not as a speculative sidecar, but as an integrated component of a comprehensive investment and wealth management platform.
Fee Structure and Competitive Positioning
Interactive Brokers has positioned itself aggressively on pricing. Cryptocurrency trading commissions begin at 0.12-0.18% of trade value with a minimum of $1.75 per order. The platform explicitly advertises no spreads, markups, or custody fees — a pricing structure well below most mainstream brokerage platforms and competitive with specialized crypto trading venues.
The elimination of custody fees is particularly noteworthy. It reflects Interactive Brokers’ willingness to absorb infrastructure costs to drive adoption, betting that transaction volume and account growth will offset thin margins on individual trades.
Ecosystem Integration Strategy
Interactive Brokers’ approach differs fundamentally from how most traditional brokers have approached cryptocurrency. Rather than cordoning off crypto into a separate interface or subsidiary product, the platform integrates digital asset trading alongside equities, options, futures, bonds, funds, and prediction markets. Clients can execute a diversified strategy that includes cryptocurrency exposure without switching applications or managing multiple accounts. This architectural integration carries strategic importance beyond convenience. It signals that Interactive Brokers views cryptocurrency not as a niche product for retail speculators, but as a legitimate asset class for portfolio allocation decisions by professional money managers and institutions.
The Broader Context: TradFi Building Its Own Rails
The timing of Interactive Brokers’ expansion coincides with a broader pattern across Wall Street: traditional financial institutions are no longer waiting for regulators to define the future of cryptocurrency infrastructure. Instead, they are building it themselves.
The addition of gold-backed tokens (Pax Gold, or PAXG) is particularly symbolic. PAXG represents a bridge between traditional commodity markets and blockchain-based settlement layers — each token backed by a specific physical gold bar held in institutional vaults. The presence of PAXG on Interactive Brokers’ platform suggests that institutional investors are moving beyond spot Bitcoin and Ethereum to explore how blockchain tokenization can improve existing asset classes.
What This Signals for the Broader Market
Interactive Brokers’ move serves as a proxy for institutional sentiment. When a platform serving 4.65 million accounts across 200+ jurisdictions adds DeFi tokens and stablecoin withdrawal capability, it signals that the market for institutional-grade cryptocurrency infrastructure has matured beyond speculation.
The expansion also reveals frustration with regulatory uncertainty. Rather than wait for the Securities and Exchange Commission or Financial Industry Regulatory Authority to clarify cryptocurrency custody standards, Interactive Brokers has partnered with Zero Hash and Paxos — established infrastructure providers with their own regulatory frameworks — to build the rails independently.
Looking Ahead
Interactive Brokers has indicated that methodology for token selection will continue evolving and that future expansions are planned. The company has invited clients to submit feedback on additional assets they wish to see added to the platform, positioning itself as responsive to institutional demand rather than regulatory direction.
For the cryptocurrency ecosystem, Interactive Brokers’ expansion represents validation that the infrastructure layer connecting traditional finance and digital assets is now robust enough to support mainstream adoption at scale. The real question is no longer whether institutional finance will embrace cryptocurrency — it is how quickly that embrace will accelerate.
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Interactive Brokers Lance une Grande Expansion Crypto : 9 Nouveaux Tokens et Retrait de Stablecoins Capab...Interactive Brokers, l’une des plus grandes plateformes de courtage de détail aux États-Unis, a franchi une étape importante vers l’intégration de la cryptomonnaie dans l’infrastructure financière grand public. La société a annoncé l’ajout de douze nouveaux actifs numériques à sa plateforme de négociation et a activé des capacités de retrait direct de stablecoins — une démarche qui montre que la finance traditionnelle n’attend désormais plus la clarté réglementaire avant de construire ses propres rails de cryptomonnaie.
L’expansion comprend neuf tokens ajoutés via Zero Hash (AAVE, APT, CC, LDO, MON, NEAR, XPL, PAXG et UNI) et trois tokens supplémentaires via Paxos (AAVE, UNI et PAXG), offrant aux clients d’Interactive Brokers un accès direct à certains des protocoles et plateformes de finance décentralisée les plus établis. Tout aussi significative est l’activation d’une fonctionnalité de retrait de stablecoins, permettant aux clients de convertir des dollars en USDC, PYUSD ou RLUSD et de transférer des fonds vers des portefeuilles externes instantanément, vingt-quatre heures sur vingt-quatre.
Interactive Brokers Lance une Grande Expansion Crypto : 9 Nouveaux Tokens et Retrait de Stablecoins Capab...
Interactive Brokers, l’une des plus grandes plateformes de courtage de détail aux États-Unis, a franchi une étape importante vers l’intégration de la cryptomonnaie dans l’infrastructure financière grand public. La société a annoncé l’ajout de douze nouveaux actifs numériques à sa plateforme de négociation et a activé des capacités de retrait direct de stablecoins — une démarche qui montre que la finance traditionnelle n’attend désormais plus la clarté réglementaire avant de construire ses propres rails de cryptomonnaie.
L’expansion comprend neuf tokens ajoutés via Zero Hash (AAVE, APT, CC, LDO, MON, NEAR, XPL, PAXG et UNI) et trois tokens supplémentaires via Paxos (AAVE, UNI et PAXG), offrant aux clients d’Interactive Brokers un accès direct à certains des protocoles et plateformes de finance décentralisée les plus établis. Tout aussi significative est l’activation d’une fonctionnalité de retrait de stablecoins, permettant aux clients de convertir des dollars en USDC, PYUSD ou RLUSD et de transférer des fonds vers des portefeuilles externes instantanément, vingt-quatre heures sur vingt-quatre.
L’expansion comprend neuf tokens ajoutés via Zero Hash (AAVE, APT, CC, LDO, MON, NEAR, XPL, PAXG et UNI) et trois tokens supplémentaires via Paxos (AAVE, UNI et PAXG), offrant aux clients d’Interactive Brokers un accès direct à certains des protocoles et plateformes de finance décentralisée les plus établis. Tout aussi significative est l’activation d’une fonctionnalité de retrait de stablecoins, permettant aux clients de convertir des dollars en USDC, PYUSD ou RLUSD et de transférer des fonds vers des portefeuilles externes instantanément, vingt-quatre heures sur vingt-quatre.
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Voir la traduction
Major Banks’ Bitcoin Adoption Reaches 32% — Fidelity Leads as Wall Street Slowly Embraces Digital...The banking world’s engagement with Bitcoin and digital assets is accelerating but remains unevenly distributed across global financial institutions. A new Bitcoin Banking Adoption Index released by Strategy Inc. on July 13, 2026, reveals that major banks are integrating cryptocurrency services at a 32% average adoption rate — a metric that underscores both emerging institutional momentum and substantial untapped opportunity in the sector.
Strategy CEO Phong Le stated:
“Adoption of Bitcoin and the related digital asset ecosystem across major banks and financial institutions is accelerating, but still early at 32%.”
The index evaluated approximately 25 to 30 of the world’s largest banks across five key categories: Bitcoin and spot ETF trading, institutional custody, blockchain-related products including stablecoins and tokenization, lending and margin services, and executive-level commitment to digital assets.
The Leaders: Who’s Winning the Bitcoin Race
Fidelity Investments dominates the rankings with a 71% adoption score, significantly outpacing competitors. Fidelity’s lead reflects years of investment in institutional crypto custody, beginning with the establishment of Fidelity Digital Assets in 2018, paired with its Fidelity Wise Origin Bitcoin Fund (NYSE: FBTC). The Currency analytics
The gap between Fidelity and other major institutions is substantial. BNY Mellon ranks second globally with a 46% adoption score, focused primarily on institutional digital asset custody, while Goldman Sachs scores 45%. JPMorgan Chase, Morgan Stanley, and Citigroup cluster together at 43% each, benefiting from broader involvement in Bitcoin ETF products and client investment exposure. The Currency analytics
The second tier of American banks shows moderate engagement. Wells Fargo leads this group at 38%, followed by Charles Schwab and TD Bank at 32%. These institutions offer Bitcoin trading and exposure but typically maintain narrower product portfolios than top-tier leaders.
Geographic Disparities: US Dominance, Asian Lag
The index reveals stark geographic divisions in Bitcoin adoption. North American institutions dominate the upper rankings, while most European and Japanese lenders score below 30%. European banks including Banco Santander and Société Générale score 35%, while BNP Paribas, HSBC, Crédit Agricole, and UBS each score 30%.
Asian banking institutions show the slowest adoption. Japan’s SMBC and the Royal Bank of Canada score just 13%, constrained by more restrictive local regulatory frameworks. The single notable exception is DBS (Singapore), which operates a progressive digital exchange offering crypto trading and custody services.
What the Index Actually Measures
The Strategy index assesses bank adoption across dimensions that matter to institutional clients and retail users alike. Scoring categories include Bitcoin and spot ETF trading, custody for Bitcoin and ether, stablecoin and tokenization work, yield and lending products, underwriting for exchange-traded products, and whether corporate treasuries have allocated to Bitcoin.
However, a critical distinction exists between capability and availability. The rankings indicate whether capabilities are publicly visible, but they do not measure customer numbers, transaction volumes, assets, revenue or profitability. A service may be limited to institutional or wealth-management clients, or restricted to particular geographic markets. A high adoption score therefore reflects the breadth of Bitcoin services a bank offers, not necessarily how many customers use them or how accessible those services are to retail depositors.
What 32% Means for Institutional Bitcoin Adoption
The 32% overall score reflects a paradox: major banks are integrating Bitcoin services, yet most have not deeply committed to the asset class. The gap widens by geography, with U.S. institutions significantly ahead of European and Asian counterparts.
Strategy’s index comes from a company with substantial stakes in Bitcoin adoption outcomes. Strategy holds 843,775 Bitcoin alongside a $3 billion USD reserve as of July 12, 2026, making it the world’s largest corporate Bitcoin treasury holder. The company’s interest in demonstrating institutional momentum is therefore not neutral. However, the underlying data points align with market reality: major banks have deployed Bitcoin infrastructure, but adoption remains fragmented across services and customer segments.
The Institutional Opportunity Ahead
The 32% adoption figure signals both achievement and runway. Banks have moved beyond discussing Bitcoin to deploying custody infrastructure, launching ETF products, and enabling client exposure. Yet the global financial system remains in early stages of digital asset integration — two-thirds of major banks score below 32%, suggesting substantial opportunity for institutions that increase their Bitcoin capabilities.
Michael Saylor, Strategy co-founder, has repeatedly emphasized that “limited banking acceptance” represents one of the primary obstacles to Bitcoin’s growth as a treasury asset. The index therefore serves as a report card not just for banks, but for the Bitcoin ecosystem’s path toward mainstream financial integration.
Major Banks’ Bitcoin Adoption Reaches 32% — Fidelity Leads as Wall Street Slowly Embraces Digital...
The banking world’s engagement with Bitcoin and digital assets is accelerating but remains unevenly distributed across global financial institutions. A new Bitcoin Banking Adoption Index released by Strategy Inc. on July 13, 2026, reveals that major banks are integrating cryptocurrency services at a 32% average adoption rate — a metric that underscores both emerging institutional momentum and substantial untapped opportunity in the sector.
Strategy CEO Phong Le stated:
“Adoption of Bitcoin and the related digital asset ecosystem across major banks and financial institutions is accelerating, but still early at 32%.”
The index evaluated approximately 25 to 30 of the world’s largest banks across five key categories: Bitcoin and spot ETF trading, institutional custody, blockchain-related products including stablecoins and tokenization, lending and margin services, and executive-level commitment to digital assets.
The Leaders: Who’s Winning the Bitcoin Race
Fidelity Investments dominates the rankings with a 71% adoption score, significantly outpacing competitors. Fidelity’s lead reflects years of investment in institutional crypto custody, beginning with the establishment of Fidelity Digital Assets in 2018, paired with its Fidelity Wise Origin Bitcoin Fund (NYSE: FBTC). The Currency analytics
The gap between Fidelity and other major institutions is substantial. BNY Mellon ranks second globally with a 46% adoption score, focused primarily on institutional digital asset custody, while Goldman Sachs scores 45%. JPMorgan Chase, Morgan Stanley, and Citigroup cluster together at 43% each, benefiting from broader involvement in Bitcoin ETF products and client investment exposure. The Currency analytics
The second tier of American banks shows moderate engagement. Wells Fargo leads this group at 38%, followed by Charles Schwab and TD Bank at 32%. These institutions offer Bitcoin trading and exposure but typically maintain narrower product portfolios than top-tier leaders.
Geographic Disparities: US Dominance, Asian Lag
The index reveals stark geographic divisions in Bitcoin adoption. North American institutions dominate the upper rankings, while most European and Japanese lenders score below 30%. European banks including Banco Santander and Société Générale score 35%, while BNP Paribas, HSBC, Crédit Agricole, and UBS each score 30%.
Asian banking institutions show the slowest adoption. Japan’s SMBC and the Royal Bank of Canada score just 13%, constrained by more restrictive local regulatory frameworks. The single notable exception is DBS (Singapore), which operates a progressive digital exchange offering crypto trading and custody services.
What the Index Actually Measures
The Strategy index assesses bank adoption across dimensions that matter to institutional clients and retail users alike. Scoring categories include Bitcoin and spot ETF trading, custody for Bitcoin and ether, stablecoin and tokenization work, yield and lending products, underwriting for exchange-traded products, and whether corporate treasuries have allocated to Bitcoin.
However, a critical distinction exists between capability and availability. The rankings indicate whether capabilities are publicly visible, but they do not measure customer numbers, transaction volumes, assets, revenue or profitability. A service may be limited to institutional or wealth-management clients, or restricted to particular geographic markets. A high adoption score therefore reflects the breadth of Bitcoin services a bank offers, not necessarily how many customers use them or how accessible those services are to retail depositors.
What 32% Means for Institutional Bitcoin Adoption
The 32% overall score reflects a paradox: major banks are integrating Bitcoin services, yet most have not deeply committed to the asset class. The gap widens by geography, with U.S. institutions significantly ahead of European and Asian counterparts.
Strategy’s index comes from a company with substantial stakes in Bitcoin adoption outcomes. Strategy holds 843,775 Bitcoin alongside a $3 billion USD reserve as of July 12, 2026, making it the world’s largest corporate Bitcoin treasury holder. The company’s interest in demonstrating institutional momentum is therefore not neutral. However, the underlying data points align with market reality: major banks have deployed Bitcoin infrastructure, but adoption remains fragmented across services and customer segments.
The Institutional Opportunity Ahead
The 32% adoption figure signals both achievement and runway. Banks have moved beyond discussing Bitcoin to deploying custody infrastructure, launching ETF products, and enabling client exposure. Yet the global financial system remains in early stages of digital asset integration — two-thirds of major banks score below 32%, suggesting substantial opportunity for institutions that increase their Bitcoin capabilities.
Michael Saylor, Strategy co-founder, has repeatedly emphasized that “limited banking acceptance” represents one of the primary obstacles to Bitcoin’s growth as a treasury asset. The index therefore serves as a report card not just for banks, but for the Bitcoin ecosystem’s path toward mainstream financial integration.
Strategy CEO Phong Le stated:
“Adoption of Bitcoin and the related digital asset ecosystem across major banks and financial institutions is accelerating, but still early at 32%.”
The index evaluated approximately 25 to 30 of the world’s largest banks across five key categories: Bitcoin and spot ETF trading, institutional custody, blockchain-related products including stablecoins and tokenization, lending and margin services, and executive-level commitment to digital assets.
The Leaders: Who’s Winning the Bitcoin Race
Fidelity Investments dominates the rankings with a 71% adoption score, significantly outpacing competitors. Fidelity’s lead reflects years of investment in institutional crypto custody, beginning with the establishment of Fidelity Digital Assets in 2018, paired with its Fidelity Wise Origin Bitcoin Fund (NYSE: FBTC). The Currency analytics
The gap between Fidelity and other major institutions is substantial. BNY Mellon ranks second globally with a 46% adoption score, focused primarily on institutional digital asset custody, while Goldman Sachs scores 45%. JPMorgan Chase, Morgan Stanley, and Citigroup cluster together at 43% each, benefiting from broader involvement in Bitcoin ETF products and client investment exposure. The Currency analytics
The second tier of American banks shows moderate engagement. Wells Fargo leads this group at 38%, followed by Charles Schwab and TD Bank at 32%. These institutions offer Bitcoin trading and exposure but typically maintain narrower product portfolios than top-tier leaders.
Geographic Disparities: US Dominance, Asian Lag
The index reveals stark geographic divisions in Bitcoin adoption. North American institutions dominate the upper rankings, while most European and Japanese lenders score below 30%. European banks including Banco Santander and Société Générale score 35%, while BNP Paribas, HSBC, Crédit Agricole, and UBS each score 30%.
Asian banking institutions show the slowest adoption. Japan’s SMBC and the Royal Bank of Canada score just 13%, constrained by more restrictive local regulatory frameworks. The single notable exception is DBS (Singapore), which operates a progressive digital exchange offering crypto trading and custody services.
What the Index Actually Measures
The Strategy index assesses bank adoption across dimensions that matter to institutional clients and retail users alike. Scoring categories include Bitcoin and spot ETF trading, custody for Bitcoin and ether, stablecoin and tokenization work, yield and lending products, underwriting for exchange-traded products, and whether corporate treasuries have allocated to Bitcoin.
However, a critical distinction exists between capability and availability. The rankings indicate whether capabilities are publicly visible, but they do not measure customer numbers, transaction volumes, assets, revenue or profitability. A service may be limited to institutional or wealth-management clients, or restricted to particular geographic markets. A high adoption score therefore reflects the breadth of Bitcoin services a bank offers, not necessarily how many customers use them or how accessible those services are to retail depositors.
What 32% Means for Institutional Bitcoin Adoption
The 32% overall score reflects a paradox: major banks are integrating Bitcoin services, yet most have not deeply committed to the asset class. The gap widens by geography, with U.S. institutions significantly ahead of European and Asian counterparts.
Strategy’s index comes from a company with substantial stakes in Bitcoin adoption outcomes. Strategy holds 843,775 Bitcoin alongside a $3 billion USD reserve as of July 12, 2026, making it the world’s largest corporate Bitcoin treasury holder. The company’s interest in demonstrating institutional momentum is therefore not neutral. However, the underlying data points align with market reality: major banks have deployed Bitcoin infrastructure, but adoption remains fragmented across services and customer segments.
The Institutional Opportunity Ahead
The 32% adoption figure signals both achievement and runway. Banks have moved beyond discussing Bitcoin to deploying custody infrastructure, launching ETF products, and enabling client exposure. Yet the global financial system remains in early stages of digital asset integration — two-thirds of major banks score below 32%, suggesting substantial opportunity for institutions that increase their Bitcoin capabilities.
Michael Saylor, Strategy co-founder, has repeatedly emphasized that “limited banking acceptance” represents one of the primary obstacles to Bitcoin’s growth as a treasury asset. The index therefore serves as a report card not just for banks, but for the Bitcoin ecosystem’s path toward mainstream financial integration.
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Article
L’adoption du Bitcoin par les grandes banques atteint 32 % — Fidelity ouvre la voie tandis que Wall Street adopte lentement le numérique...L’engagement du secteur bancaire à l’égard du Bitcoin et des actifs numériques s’accélère, mais demeure inégalement réparti entre les institutions financières mondiales. Un nouvel indice d’adoption bancaire du Bitcoin, publié par Strategy Inc. le 13 juillet 2026, révèle que les grandes banques intègrent des services de crypto-monnaie à un taux d’adoption moyen de 32 % — un indicateur qui souligne à la fois l’élan institutionnel émergent et un vaste potentiel encore inexploité dans le secteur.
Le PDG de la stratégie, Phong Le, a déclaré :
« L’adoption du Bitcoin et de l’écosystème des actifs numériques qui y est lié s’accélère au sein des principales banques et institutions financières, mais elle en est encore à un stade précoce avec 32 %. »
L’adoption du Bitcoin par les grandes banques atteint 32 % — Fidelity ouvre la voie tandis que Wall Street adopte lentement le numérique...
L’engagement du secteur bancaire à l’égard du Bitcoin et des actifs numériques s’accélère, mais demeure inégalement réparti entre les institutions financières mondiales. Un nouvel indice d’adoption bancaire du Bitcoin, publié par Strategy Inc. le 13 juillet 2026, révèle que les grandes banques intègrent des services de crypto-monnaie à un taux d’adoption moyen de 32 % — un indicateur qui souligne à la fois l’élan institutionnel émergent et un vaste potentiel encore inexploité dans le secteur.
Le PDG de la stratégie, Phong Le, a déclaré :
« L’adoption du Bitcoin et de l’écosystème des actifs numériques qui y est lié s’accélère au sein des principales banques et institutions financières, mais elle en est encore à un stade précoce avec 32 %. »
Le PDG de la stratégie, Phong Le, a déclaré :
« L’adoption du Bitcoin et de l’écosystème des actifs numériques qui y est lié s’accélère au sein des principales banques et institutions financières, mais elle en est encore à un stade précoce avec 32 %. »
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Article
Le Parlement européen a approuvé le balayage massif de messages via une faille procédurale — voilà...Dans l’un des manœuvres parlementaires les plus controversées de l’histoire législative européenne récente, le Parlement européen a approuvé la réintroduction de Chat Control 1.0 le 9 juillet 2026 — un règlement qui permet aux entreprises technologiques de scanner les messages privés à la recherche de contenus illégaux. Le résultat du vote a été sidérant : 314 députés ont voté contre, et pourtant la mesure a été adoptée. Comprendre comment cela a pu se produire exige de savoir comment fonctionnent les procédures parlementaires européennes — et pourquoi les entreprises de technologie, les experts en cryptographie et les défenseurs de la vie privée sont alarmés.
Le Parlement européen a approuvé le balayage massif de messages via une faille procédurale — voilà...
Dans l’un des manœuvres parlementaires les plus controversées de l’histoire législative européenne récente, le Parlement européen a approuvé la réintroduction de Chat Control 1.0 le 9 juillet 2026 — un règlement qui permet aux entreprises technologiques de scanner les messages privés à la recherche de contenus illégaux. Le résultat du vote a été sidérant : 314 députés ont voté contre, et pourtant la mesure a été adoptée. Comprendre comment cela a pu se produire exige de savoir comment fonctionnent les procédures parlementaires européennes — et pourquoi les entreprises de technologie, les experts en cryptographie et les défenseurs de la vie privée sont alarmés.
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Le Parlement européen a approuvé le balayage massif des messages via une faille procédurale — Voici ce qui s’est passé…Lors de l’une des manœuvres parlementaires les plus controversées de l’histoire récente de la législation européenne, le Parlement européen a approuvé la remise en vigueur de « Chat Control 1.0 » le 9 juillet 2026 — un règlement qui permet aux entreprises technologiques d’analyser les messages privés à la recherche de contenus illégaux. Le résultat du vote a été stupéfiant : 314 députés ont voté contre, mais la mesure a tout de même été adoptée. Pour comprendre comment cela a été possible, il faut savoir comment fonctionnent les procédures parlementaires européennes — et pourquoi les entreprises de technologie, les experts en cryptographie et les défenseurs de la vie privée s’inquiètent.
Le Parlement européen a approuvé le balayage massif des messages via une faille procédurale — Voici ce qui s’est passé…
Lors de l’une des manœuvres parlementaires les plus controversées de l’histoire récente de la législation européenne, le Parlement européen a approuvé la remise en vigueur de « Chat Control 1.0 » le 9 juillet 2026 — un règlement qui permet aux entreprises technologiques d’analyser les messages privés à la recherche de contenus illégaux. Le résultat du vote a été stupéfiant : 314 députés ont voté contre, mais la mesure a tout de même été adoptée. Pour comprendre comment cela a été possible, il faut savoir comment fonctionnent les procédures parlementaires européennes — et pourquoi les entreprises de technologie, les experts en cryptographie et les défenseurs de la vie privée s’inquiètent.
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Article
Hernando De Soto Propose L’Utilisation De La Blockchain Pour Dynamiser L’Économie Péruvienne : « Les Actifs Doivent Être Transformés En Capital Productif »Hernando de Soto propose l’utilisation de la blockchain pour dynamiser l’économie péruvienne : « Les actifs doivent être transformés en capital productif »
L’ancien candidat présidentiel propose que les titres des propriétés, des concessions et des contrats soient cotés comme capital d’investissement et, ainsi, lutter contre l’économie informelle.
De Soto exposera ses propositions lors de la Conférence Pérou Blockchain 2026, le 11 juillet, au JW Marriott Larcomar, aux côtés de représentants de premier plan des entreprises du secteur blockchain et crypto à l’échelle mondiale.
Hernando De Soto Propose L’Utilisation De La Blockchain Pour Dynamiser L’Économie Péruvienne : « Les Actifs Doivent Être Transformés En Capital Productif »
Hernando de Soto propose l’utilisation de la blockchain pour dynamiser l’économie péruvienne : « Les actifs doivent être transformés en capital productif »
L’ancien candidat présidentiel propose que les titres des propriétés, des concessions et des contrats soient cotés comme capital d’investissement et, ainsi, lutter contre l’économie informelle.
De Soto exposera ses propositions lors de la Conférence Pérou Blockchain 2026, le 11 juillet, au JW Marriott Larcomar, aux côtés de représentants de premier plan des entreprises du secteur blockchain et crypto à l’échelle mondiale.
L’ancien candidat présidentiel propose que les titres des propriétés, des concessions et des contrats soient cotés comme capital d’investissement et, ainsi, lutter contre l’économie informelle.
De Soto exposera ses propositions lors de la Conférence Pérou Blockchain 2026, le 11 juillet, au JW Marriott Larcomar, aux côtés de représentants de premier plan des entreprises du secteur blockchain et crypto à l’échelle mondiale.
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Voir la traduction
Hernando de Soto plantea uso de blockchain para impulsar la economía peruana: “Activos deben conv...Hernando de Soto plantea uso de blockchain para impulsar la economía peruana: “Activos deben convertirse en capital productivo”
Excandidato presidencial propone que títulos de las propiedades, concesiones y contratos sean cotizados como capital de inversión y de esa manera combatir la economía informal.
De Soto expondrá sus planteamientos en el Perú Blockchain Conference 2026, este 11 de julio en el JW Marriott Larcomar, junto a destacados representantes de empresas líderes del ecosistema blockchain y crypto global.
Lima, Perú — El economista y excandidato presidencial, Hernando de Soto, planteó una innovadora propuesta económica orientada a la inclusión financiera de los sectores más vulnerables del país, sugiriendo el uso de la tecnología blockchain y sistemas de criptoactivos para dinamizar la economía nacional.
Según explicó De Soto, gran parte de los peruanos en situación de pobreza habitan sobre algunos de los territorios más ricos del país; sin embargo, la falta de títulos formales impide a millones de peruanos convertir sus activos -como tierras, negocios o recursos- en capital productivo, dejándolos excluidos del sistema financiero.
“Por qué, los más pobres, la mayor parte de ellos propietarios y emprendedores, se encuentran en los territorios más ricos del Perú y no pueden capitalizarse para entrar en la revolución industrial. La respuesta es que los títulos de las propiedades, las concesiones y los contratos que los vinculan al mundo, y que deberían permitirles generar capital, tienen serias limitaciones”, sostuvo De Soto, quien brindará una charla sobre este tema en el Perú Blockchain Conference 2026 que se desarrollará este sábado en Lima.
Para resolver esta problemática, el economista propone que estos recursos de poco valor sean transformados en activos altamente rentables. La estrategia consiste en que, además de ser valorizados localmente, puedan ser cotizados como capital de inversión, lo que ayudará a incluir en el sistema financiero del país a millones de personas.
Perú recibirá a expertos de tecnología blockchain y ecosistema crypto
De Soto expondrá estos planteamientos durante la charla que dará en la quinta edición del Perú Blockchain Conference, evento que se realizará el 11 de Julio en el JW Marriott Larcomar en Miraflores, que contará también con entradas gratuitas por tiempo limitado. Organizado por LATAM Blockchain Events LLC, el encuentro se consolida como el evento más importante del país en crypto, blockchain, trading, activos digitales e innovación financiera, reuniendo a líderes globales de la industria, empresas tecnológicas, instituciones, inversionistas, traders, comunidades Web3 y público interesado en las nuevas tecnologías financieras.
Durante los últimos dos años, el mercado peruano ha mostrado un crecimiento sostenido en la adopción de activos digitales y tecnología blockchain, pasando de ser un simple espectador a convertirse en protagonista, posicionándose como uno de los mercados con mayor proyección en América Latina.
Según el Informe Blockchain LATAM 2025 de Sherlock Communications, el 3.7% de peruanos ya es usuario de criptomonedas, lo que equivale a más de un millón de personas, duplicando la cantidad registrada hace menos de dos años. Asimismo, el Global Crypto Adoption Index de Chainalysis coloca al país en el puesto 7 de adopción de criptomonedas a nivel regional y en el puesto 42 a nivel mundial.
A esto se suma el crecimiento del uso de stablecoins como mecanismo de resguardo, pagos internacionales y remesas digitales, especialmente en un entorno donde la eficiencia transfronteriza y la dolarización digital ganan relevancia entre usuarios y empresas. Reportes de mercado señalan que las stablecoins representan ya una parte significativa de la actividad cripto en Perú, impulsadas por la interoperabilidad entre fintechs, wallets y el sistema financiero tradicional, logrando, incluso, que el Banco Central de Reserva de Perú destaque sus ventajas tangibles frente a los sistemas tradicionales.
“Perú vive hoy uno de los momentos más importantes para la evolución del ecosistema blockchain y de activos digitales en la región. Ya no solo somos eventos; somos un puente para acelerar la adopción cripto responsable, la educación financiera y la conexión entre empresas, instituciones y comunidad. Esta quinta edición de Perú Blockchain Conference representa la consolidación de un espacio estratégico para impulsar con profesionalismo, visión regional y compromiso el crecimiento sostenible del ecosistema Web3 en el país y en Latinoamérica”, aseguró Kristopher Panana, Fundador de Perú Blockchain Conference.
Más información y entradas:
Perú Blockchain Conference 2026
Hernando de Soto plantea uso de blockchain para impulsar la economía peruana: “Activos deben conv...
Hernando de Soto plantea uso de blockchain para impulsar la economía peruana: “Activos deben convertirse en capital productivo”
Excandidato presidencial propone que títulos de las propiedades, concesiones y contratos sean cotizados como capital de inversión y de esa manera combatir la economía informal.
De Soto expondrá sus planteamientos en el Perú Blockchain Conference 2026, este 11 de julio en el JW Marriott Larcomar, junto a destacados representantes de empresas líderes del ecosistema blockchain y crypto global.
Lima, Perú — El economista y excandidato presidencial, Hernando de Soto, planteó una innovadora propuesta económica orientada a la inclusión financiera de los sectores más vulnerables del país, sugiriendo el uso de la tecnología blockchain y sistemas de criptoactivos para dinamizar la economía nacional.
Según explicó De Soto, gran parte de los peruanos en situación de pobreza habitan sobre algunos de los territorios más ricos del país; sin embargo, la falta de títulos formales impide a millones de peruanos convertir sus activos -como tierras, negocios o recursos- en capital productivo, dejándolos excluidos del sistema financiero.
“Por qué, los más pobres, la mayor parte de ellos propietarios y emprendedores, se encuentran en los territorios más ricos del Perú y no pueden capitalizarse para entrar en la revolución industrial. La respuesta es que los títulos de las propiedades, las concesiones y los contratos que los vinculan al mundo, y que deberían permitirles generar capital, tienen serias limitaciones”, sostuvo De Soto, quien brindará una charla sobre este tema en el Perú Blockchain Conference 2026 que se desarrollará este sábado en Lima.
Para resolver esta problemática, el economista propone que estos recursos de poco valor sean transformados en activos altamente rentables. La estrategia consiste en que, además de ser valorizados localmente, puedan ser cotizados como capital de inversión, lo que ayudará a incluir en el sistema financiero del país a millones de personas.
Perú recibirá a expertos de tecnología blockchain y ecosistema crypto
De Soto expondrá estos planteamientos durante la charla que dará en la quinta edición del Perú Blockchain Conference, evento que se realizará el 11 de Julio en el JW Marriott Larcomar en Miraflores, que contará también con entradas gratuitas por tiempo limitado. Organizado por LATAM Blockchain Events LLC, el encuentro se consolida como el evento más importante del país en crypto, blockchain, trading, activos digitales e innovación financiera, reuniendo a líderes globales de la industria, empresas tecnológicas, instituciones, inversionistas, traders, comunidades Web3 y público interesado en las nuevas tecnologías financieras.
Durante los últimos dos años, el mercado peruano ha mostrado un crecimiento sostenido en la adopción de activos digitales y tecnología blockchain, pasando de ser un simple espectador a convertirse en protagonista, posicionándose como uno de los mercados con mayor proyección en América Latina.
Según el Informe Blockchain LATAM 2025 de Sherlock Communications, el 3.7% de peruanos ya es usuario de criptomonedas, lo que equivale a más de un millón de personas, duplicando la cantidad registrada hace menos de dos años. Asimismo, el Global Crypto Adoption Index de Chainalysis coloca al país en el puesto 7 de adopción de criptomonedas a nivel regional y en el puesto 42 a nivel mundial.
A esto se suma el crecimiento del uso de stablecoins como mecanismo de resguardo, pagos internacionales y remesas digitales, especialmente en un entorno donde la eficiencia transfronteriza y la dolarización digital ganan relevancia entre usuarios y empresas. Reportes de mercado señalan que las stablecoins representan ya una parte significativa de la actividad cripto en Perú, impulsadas por la interoperabilidad entre fintechs, wallets y el sistema financiero tradicional, logrando, incluso, que el Banco Central de Reserva de Perú destaque sus ventajas tangibles frente a los sistemas tradicionales.
“Perú vive hoy uno de los momentos más importantes para la evolución del ecosistema blockchain y de activos digitales en la región. Ya no solo somos eventos; somos un puente para acelerar la adopción cripto responsable, la educación financiera y la conexión entre empresas, instituciones y comunidad. Esta quinta edición de Perú Blockchain Conference representa la consolidación de un espacio estratégico para impulsar con profesionalismo, visión regional y compromiso el crecimiento sostenible del ecosistema Web3 en el país y en Latinoamérica”, aseguró Kristopher Panana, Fundador de Perú Blockchain Conference.
Más información y entradas:
Perú Blockchain Conference 2026
Excandidato presidencial propone que títulos de las propiedades, concesiones y contratos sean cotizados como capital de inversión y de esa manera combatir la economía informal.
De Soto expondrá sus planteamientos en el Perú Blockchain Conference 2026, este 11 de julio en el JW Marriott Larcomar, junto a destacados representantes de empresas líderes del ecosistema blockchain y crypto global.
Lima, Perú — El economista y excandidato presidencial, Hernando de Soto, planteó una innovadora propuesta económica orientada a la inclusión financiera de los sectores más vulnerables del país, sugiriendo el uso de la tecnología blockchain y sistemas de criptoactivos para dinamizar la economía nacional.
Según explicó De Soto, gran parte de los peruanos en situación de pobreza habitan sobre algunos de los territorios más ricos del país; sin embargo, la falta de títulos formales impide a millones de peruanos convertir sus activos -como tierras, negocios o recursos- en capital productivo, dejándolos excluidos del sistema financiero.
“Por qué, los más pobres, la mayor parte de ellos propietarios y emprendedores, se encuentran en los territorios más ricos del Perú y no pueden capitalizarse para entrar en la revolución industrial. La respuesta es que los títulos de las propiedades, las concesiones y los contratos que los vinculan al mundo, y que deberían permitirles generar capital, tienen serias limitaciones”, sostuvo De Soto, quien brindará una charla sobre este tema en el Perú Blockchain Conference 2026 que se desarrollará este sábado en Lima.
Para resolver esta problemática, el economista propone que estos recursos de poco valor sean transformados en activos altamente rentables. La estrategia consiste en que, además de ser valorizados localmente, puedan ser cotizados como capital de inversión, lo que ayudará a incluir en el sistema financiero del país a millones de personas.
Perú recibirá a expertos de tecnología blockchain y ecosistema crypto
De Soto expondrá estos planteamientos durante la charla que dará en la quinta edición del Perú Blockchain Conference, evento que se realizará el 11 de Julio en el JW Marriott Larcomar en Miraflores, que contará también con entradas gratuitas por tiempo limitado. Organizado por LATAM Blockchain Events LLC, el encuentro se consolida como el evento más importante del país en crypto, blockchain, trading, activos digitales e innovación financiera, reuniendo a líderes globales de la industria, empresas tecnológicas, instituciones, inversionistas, traders, comunidades Web3 y público interesado en las nuevas tecnologías financieras.
Durante los últimos dos años, el mercado peruano ha mostrado un crecimiento sostenido en la adopción de activos digitales y tecnología blockchain, pasando de ser un simple espectador a convertirse en protagonista, posicionándose como uno de los mercados con mayor proyección en América Latina.
Según el Informe Blockchain LATAM 2025 de Sherlock Communications, el 3.7% de peruanos ya es usuario de criptomonedas, lo que equivale a más de un millón de personas, duplicando la cantidad registrada hace menos de dos años. Asimismo, el Global Crypto Adoption Index de Chainalysis coloca al país en el puesto 7 de adopción de criptomonedas a nivel regional y en el puesto 42 a nivel mundial.
A esto se suma el crecimiento del uso de stablecoins como mecanismo de resguardo, pagos internacionales y remesas digitales, especialmente en un entorno donde la eficiencia transfronteriza y la dolarización digital ganan relevancia entre usuarios y empresas. Reportes de mercado señalan que las stablecoins representan ya una parte significativa de la actividad cripto en Perú, impulsadas por la interoperabilidad entre fintechs, wallets y el sistema financiero tradicional, logrando, incluso, que el Banco Central de Reserva de Perú destaque sus ventajas tangibles frente a los sistemas tradicionales.
“Perú vive hoy uno de los momentos más importantes para la evolución del ecosistema blockchain y de activos digitales en la región. Ya no solo somos eventos; somos un puente para acelerar la adopción cripto responsable, la educación financiera y la conexión entre empresas, instituciones y comunidad. Esta quinta edición de Perú Blockchain Conference representa la consolidación de un espacio estratégico para impulsar con profesionalismo, visión regional y compromiso el crecimiento sostenible del ecosistema Web3 en el país y en Latinoamérica”, aseguró Kristopher Panana, Fundador de Perú Blockchain Conference.
Más información y entradas:
Perú Blockchain Conference 2026
112
Article
Voir la traduction
European Blockchain Convention Returns to Barcelona for Europe’s First Post-MiCA GatheringEuropean Blockchain Convention Returns to Barcelona for Europe’s First Post-MiCA Gathering
EBC12 brings together speakers from J.P. Morgan, the Financial Conduct Authority, Invesco, Coinbase, Fidelity International, and more than 300 leaders from the banks, regulators, and asset managers shaping Europe’s digital asset market.
Barcelona, Spain, July, 2026 — Eleven weeks after the European Union’s MiCA deadline, the 12th edition of the European Blockchain Convention (EBC12) returns to Barcelona at a pivotal moment for the industry. It is the region’s first major institutional gathering since the world’s first comprehensive cross-border digital asset regulation became fully law, and the event where European deal flow happens.
MiCA is now fully in force. For European markets, the focus shifts to what comes next: CASP licensing, stablecoin issuance, and the role of CBDCs in cross-border settlement. EBC12 is where that conversation takes place.
Rather than chasing mandates city by city across London, Paris, Frankfurt, Zurich, and Barcelona, EBC12 compresses the European digital asset market into a single two-day commercial arena. It takes place on 16–17 September 2026 at the Palau de Congressos de Catalunya.
Europe has set the pace for compliant digital asset markets, giving the industry a clearer framework for how crypto can scale within regulation rather than around it. The institutional signal is unmistakable: Deutsche Börse has invested $200 million in Kraken; Santander’s digital bank, Openbank, has expanded its crypto trading for customers across Germany and Spain. Both will be among the institutions discussing what comes next in Barcelona this September.
EBC expects 80 of Europe’s top 100 banks in Barcelona this September, up from 50 last year. The debate about whether institutions will enter digital assets is over. EBC12 is where they come to work out what comes next.
“Eight years ago, we built EBC because we believed Europe would be where this industry matured. A lot of people thought we were early. In 2026, European banks are deploying capital, institutional products are live across major markets, and the regulatory framework is in place. EBC is where the people driving that change meet once a year to do real business,” said Victoria Gago, Co-CEO of European Blockchain Convention and Digital Assets Forum.
Sessions cover institutional capital allocation, real-world asset tokenisation, regulatory market structure, and the future of stablecoins and CBDCs as global settlement infrastructure.
Confirmed speakers include Emma Landriault, Head of Kinexys Labs at J.P. Morgan; Mohamad Zaraket, Head of Digital Assets Strategy EMEA at BNY; Kathleen Wrynn, Global Head of DA, Invesco; Victor Jung, Vice President, Digital Assets & Currencies, Hamilton Lane; Previn Singh from Fidelity and Colin Payne, Head of Innovation at the Financial Conduct Authority, among more than 300 speakers from across banking, asset management, infrastructure, and policy.
Alongside the main programme, EBC12 features 10,000 pre-arranged one-to-one meetings, a Buy Side Breakfast for allocators and institutional investors, and a dedicated press room with direct access to speakers.
EBC12 expects over 5,000 attendees from 90+ countries for two days of market intelligence, strategic networking, and commercial momentum at the Palau de Congressos de Catalunya, a new premium venue reflecting the event’s institutional evolution.
— ENDS —
Notes to Editors
Event: European Blockchain Convention 12 (EBC12)
Dates: 16–17 September 2026
Venue: Palau de Congressos de Catalunya, Barcelona, Spain
Website: eblockchainconvention.com
Press enquiries: ebc@yapglobal.com or samvidha@yapglobal.com
Social: LinkedIn
About European Blockchain Convention:
Founded in 2018, the European Blockchain Convention has grown into a key driver of European deal flow in digital assets, bringing together banks, asset managers, regulators, infrastructure providers, and builders annually. Alongside EBC, the Digital Assets Forum series extends this reach across London, Abu Dhabi, and New York throughout the year.
European Blockchain Convention Returns to Barcelona for Europe’s First Post-MiCA Gathering
European Blockchain Convention Returns to Barcelona for Europe’s First Post-MiCA Gathering
EBC12 brings together speakers from J.P. Morgan, the Financial Conduct Authority, Invesco, Coinbase, Fidelity International, and more than 300 leaders from the banks, regulators, and asset managers shaping Europe’s digital asset market.
Barcelona, Spain, July, 2026 — Eleven weeks after the European Union’s MiCA deadline, the 12th edition of the European Blockchain Convention (EBC12) returns to Barcelona at a pivotal moment for the industry. It is the region’s first major institutional gathering since the world’s first comprehensive cross-border digital asset regulation became fully law, and the event where European deal flow happens.
MiCA is now fully in force. For European markets, the focus shifts to what comes next: CASP licensing, stablecoin issuance, and the role of CBDCs in cross-border settlement. EBC12 is where that conversation takes place.
Rather than chasing mandates city by city across London, Paris, Frankfurt, Zurich, and Barcelona, EBC12 compresses the European digital asset market into a single two-day commercial arena. It takes place on 16–17 September 2026 at the Palau de Congressos de Catalunya.
Europe has set the pace for compliant digital asset markets, giving the industry a clearer framework for how crypto can scale within regulation rather than around it. The institutional signal is unmistakable: Deutsche Börse has invested $200 million in Kraken; Santander’s digital bank, Openbank, has expanded its crypto trading for customers across Germany and Spain. Both will be among the institutions discussing what comes next in Barcelona this September.
EBC expects 80 of Europe’s top 100 banks in Barcelona this September, up from 50 last year. The debate about whether institutions will enter digital assets is over. EBC12 is where they come to work out what comes next.
“Eight years ago, we built EBC because we believed Europe would be where this industry matured. A lot of people thought we were early. In 2026, European banks are deploying capital, institutional products are live across major markets, and the regulatory framework is in place. EBC is where the people driving that change meet once a year to do real business,” said Victoria Gago, Co-CEO of European Blockchain Convention and Digital Assets Forum.
Sessions cover institutional capital allocation, real-world asset tokenisation, regulatory market structure, and the future of stablecoins and CBDCs as global settlement infrastructure.
Confirmed speakers include Emma Landriault, Head of Kinexys Labs at J.P. Morgan; Mohamad Zaraket, Head of Digital Assets Strategy EMEA at BNY; Kathleen Wrynn, Global Head of DA, Invesco; Victor Jung, Vice President, Digital Assets & Currencies, Hamilton Lane; Previn Singh from Fidelity and Colin Payne, Head of Innovation at the Financial Conduct Authority, among more than 300 speakers from across banking, asset management, infrastructure, and policy.
Alongside the main programme, EBC12 features 10,000 pre-arranged one-to-one meetings, a Buy Side Breakfast for allocators and institutional investors, and a dedicated press room with direct access to speakers.
EBC12 expects over 5,000 attendees from 90+ countries for two days of market intelligence, strategic networking, and commercial momentum at the Palau de Congressos de Catalunya, a new premium venue reflecting the event’s institutional evolution.
— ENDS —
Notes to Editors
Event: European Blockchain Convention 12 (EBC12)
Dates: 16–17 September 2026
Venue: Palau de Congressos de Catalunya, Barcelona, Spain
Website: eblockchainconvention.com
Press enquiries: ebc@yapglobal.com or samvidha@yapglobal.com
Social: LinkedIn
About European Blockchain Convention:
Founded in 2018, the European Blockchain Convention has grown into a key driver of European deal flow in digital assets, bringing together banks, asset managers, regulators, infrastructure providers, and builders annually. Alongside EBC, the Digital Assets Forum series extends this reach across London, Abu Dhabi, and New York throughout the year.
EBC12 brings together speakers from J.P. Morgan, the Financial Conduct Authority, Invesco, Coinbase, Fidelity International, and more than 300 leaders from the banks, regulators, and asset managers shaping Europe’s digital asset market.
Barcelona, Spain, July, 2026 — Eleven weeks after the European Union’s MiCA deadline, the 12th edition of the European Blockchain Convention (EBC12) returns to Barcelona at a pivotal moment for the industry. It is the region’s first major institutional gathering since the world’s first comprehensive cross-border digital asset regulation became fully law, and the event where European deal flow happens.
MiCA is now fully in force. For European markets, the focus shifts to what comes next: CASP licensing, stablecoin issuance, and the role of CBDCs in cross-border settlement. EBC12 is where that conversation takes place.
Rather than chasing mandates city by city across London, Paris, Frankfurt, Zurich, and Barcelona, EBC12 compresses the European digital asset market into a single two-day commercial arena. It takes place on 16–17 September 2026 at the Palau de Congressos de Catalunya.
Europe has set the pace for compliant digital asset markets, giving the industry a clearer framework for how crypto can scale within regulation rather than around it. The institutional signal is unmistakable: Deutsche Börse has invested $200 million in Kraken; Santander’s digital bank, Openbank, has expanded its crypto trading for customers across Germany and Spain. Both will be among the institutions discussing what comes next in Barcelona this September.
EBC expects 80 of Europe’s top 100 banks in Barcelona this September, up from 50 last year. The debate about whether institutions will enter digital assets is over. EBC12 is where they come to work out what comes next.
“Eight years ago, we built EBC because we believed Europe would be where this industry matured. A lot of people thought we were early. In 2026, European banks are deploying capital, institutional products are live across major markets, and the regulatory framework is in place. EBC is where the people driving that change meet once a year to do real business,” said Victoria Gago, Co-CEO of European Blockchain Convention and Digital Assets Forum.
Sessions cover institutional capital allocation, real-world asset tokenisation, regulatory market structure, and the future of stablecoins and CBDCs as global settlement infrastructure.
Confirmed speakers include Emma Landriault, Head of Kinexys Labs at J.P. Morgan; Mohamad Zaraket, Head of Digital Assets Strategy EMEA at BNY; Kathleen Wrynn, Global Head of DA, Invesco; Victor Jung, Vice President, Digital Assets & Currencies, Hamilton Lane; Previn Singh from Fidelity and Colin Payne, Head of Innovation at the Financial Conduct Authority, among more than 300 speakers from across banking, asset management, infrastructure, and policy.
Alongside the main programme, EBC12 features 10,000 pre-arranged one-to-one meetings, a Buy Side Breakfast for allocators and institutional investors, and a dedicated press room with direct access to speakers.
EBC12 expects over 5,000 attendees from 90+ countries for two days of market intelligence, strategic networking, and commercial momentum at the Palau de Congressos de Catalunya, a new premium venue reflecting the event’s institutional evolution.
— ENDS —
Notes to Editors
Event: European Blockchain Convention 12 (EBC12)
Dates: 16–17 September 2026
Venue: Palau de Congressos de Catalunya, Barcelona, Spain
Website: eblockchainconvention.com
Press enquiries: ebc@yapglobal.com or samvidha@yapglobal.com
Social: LinkedIn
About European Blockchain Convention:
Founded in 2018, the European Blockchain Convention has grown into a key driver of European deal flow in digital assets, bringing together banks, asset managers, regulators, infrastructure providers, and builders annually. Alongside EBC, the Digital Assets Forum series extends this reach across London, Abu Dhabi, and New York throughout the year.
COINUS-2,09%
66
Voir la traduction
European Blockchain Convention Returns to Barcelona for Europe’s First Post-MiCA GatheringEuropean Blockchain Convention Returns to Barcelona for Europe’s First Post-MiCA Gathering
EBC12 brings together speakers from J.P. Morgan, the Financial Conduct Authority, Invesco, Coinbase, Fidelity International, and more than 300 leaders from the banks, regulators, and asset managers shaping Europe’s digital asset market.
Barcelona, Spain, July, 2026 — Eleven weeks after the European Union’s MiCA deadline, the 12th edition of the European Blockchain Convention (EBC12) returns to Barcelona at a pivotal moment for the industry. It is the region’s first major institutional gathering since the world’s first comprehensive cross-border digital asset regulation became fully law, and the event where European deal flow happens.
MiCA is now fully in force. For European markets, the focus shifts to what comes next: CASP licensing, stablecoin issuance, and the role of CBDCs in cross-border settlement. EBC12 is where that conversation takes place.
Rather than chasing mandates city by city across London, Paris, Frankfurt, Zurich, and Barcelona, EBC12 compresses the European digital asset market into a single two-day commercial arena. It takes place on 16–17 September 2026 at the Palau de Congressos de Catalunya.
Europe has set the pace for compliant digital asset markets, giving the industry a clearer framework for how crypto can scale within regulation rather than around it. The institutional signal is unmistakable: Deutsche Börse has invested $200 million in Kraken; Santander’s digital bank, Openbank, has expanded its crypto trading for customers across Germany and Spain. Both will be among the institutions discussing what comes next in Barcelona this September.
EBC expects 80 of Europe’s top 100 banks in Barcelona this September, up from 50 last year. The debate about whether institutions will enter digital assets is over. EBC12 is where they come to work out what comes next.
“Eight years ago, we built EBC because we believed Europe would be where this industry matured. A lot of people thought we were early. In 2026, European banks are deploying capital, institutional products are live across major markets, and the regulatory framework is in place. EBC is where the people driving that change meet once a year to do real business,” said Victoria Gago, Co-CEO of European Blockchain Convention and Digital Assets Forum.
Sessions cover institutional capital allocation, real-world asset tokenisation, regulatory market structure, and the future of stablecoins and CBDCs as global settlement infrastructure.
Confirmed speakers include Emma Landriault, Head of Kinexys Labs at J.P. Morgan; Mohamad Zaraket, Head of Digital Assets Strategy EMEA at BNY; Kathleen Wrynn, Global Head of DA, Invesco; Victor Jung, Vice President, Digital Assets & Currencies, Hamilton Lane; Previn Singh from Fidelity and Colin Payne, Head of Innovation at the Financial Conduct Authority, among more than 300 speakers from across banking, asset management, infrastructure, and policy.
Alongside the main programme, EBC12 features 10,000 pre-arranged one-to-one meetings, a Buy Side Breakfast for allocators and institutional investors, and a dedicated press room with direct access to speakers.
EBC12 expects over 5,000 attendees from 90+ countries for two days of market intelligence, strategic networking, and commercial momentum at the Palau de Congressos de Catalunya, a new premium venue reflecting the event’s institutional evolution.
— ENDS —
Notes to Editors
Event: European Blockchain Convention 12 (EBC12)
Dates: 16–17 September 2026
Venue: Palau de Congressos de Catalunya, Barcelona, Spain
Website: eblockchainconvention.com
Press enquiries: ebc@yapglobal.com or samvidha@yapglobal.com
Social: LinkedIn
About European Blockchain Convention:
Founded in 2018, the European Blockchain Convention has grown into a key driver of European deal flow in digital assets, bringing together banks, asset managers, regulators, infrastructure providers, and builders annually. Alongside EBC, the Digital Assets Forum series extends this reach across London, Abu Dhabi, and New York throughout the year.
European Blockchain Convention Returns to Barcelona for Europe’s First Post-MiCA Gathering
European Blockchain Convention Returns to Barcelona for Europe’s First Post-MiCA Gathering
EBC12 brings together speakers from J.P. Morgan, the Financial Conduct Authority, Invesco, Coinbase, Fidelity International, and more than 300 leaders from the banks, regulators, and asset managers shaping Europe’s digital asset market.
Barcelona, Spain, July, 2026 — Eleven weeks after the European Union’s MiCA deadline, the 12th edition of the European Blockchain Convention (EBC12) returns to Barcelona at a pivotal moment for the industry. It is the region’s first major institutional gathering since the world’s first comprehensive cross-border digital asset regulation became fully law, and the event where European deal flow happens.
MiCA is now fully in force. For European markets, the focus shifts to what comes next: CASP licensing, stablecoin issuance, and the role of CBDCs in cross-border settlement. EBC12 is where that conversation takes place.
Rather than chasing mandates city by city across London, Paris, Frankfurt, Zurich, and Barcelona, EBC12 compresses the European digital asset market into a single two-day commercial arena. It takes place on 16–17 September 2026 at the Palau de Congressos de Catalunya.
Europe has set the pace for compliant digital asset markets, giving the industry a clearer framework for how crypto can scale within regulation rather than around it. The institutional signal is unmistakable: Deutsche Börse has invested $200 million in Kraken; Santander’s digital bank, Openbank, has expanded its crypto trading for customers across Germany and Spain. Both will be among the institutions discussing what comes next in Barcelona this September.
EBC expects 80 of Europe’s top 100 banks in Barcelona this September, up from 50 last year. The debate about whether institutions will enter digital assets is over. EBC12 is where they come to work out what comes next.
“Eight years ago, we built EBC because we believed Europe would be where this industry matured. A lot of people thought we were early. In 2026, European banks are deploying capital, institutional products are live across major markets, and the regulatory framework is in place. EBC is where the people driving that change meet once a year to do real business,” said Victoria Gago, Co-CEO of European Blockchain Convention and Digital Assets Forum.
Sessions cover institutional capital allocation, real-world asset tokenisation, regulatory market structure, and the future of stablecoins and CBDCs as global settlement infrastructure.
Confirmed speakers include Emma Landriault, Head of Kinexys Labs at J.P. Morgan; Mohamad Zaraket, Head of Digital Assets Strategy EMEA at BNY; Kathleen Wrynn, Global Head of DA, Invesco; Victor Jung, Vice President, Digital Assets & Currencies, Hamilton Lane; Previn Singh from Fidelity and Colin Payne, Head of Innovation at the Financial Conduct Authority, among more than 300 speakers from across banking, asset management, infrastructure, and policy.
Alongside the main programme, EBC12 features 10,000 pre-arranged one-to-one meetings, a Buy Side Breakfast for allocators and institutional investors, and a dedicated press room with direct access to speakers.
EBC12 expects over 5,000 attendees from 90+ countries for two days of market intelligence, strategic networking, and commercial momentum at the Palau de Congressos de Catalunya, a new premium venue reflecting the event’s institutional evolution.
— ENDS —
Notes to Editors
Event: European Blockchain Convention 12 (EBC12)
Dates: 16–17 September 2026
Venue: Palau de Congressos de Catalunya, Barcelona, Spain
Website: eblockchainconvention.com
Press enquiries: ebc@yapglobal.com or samvidha@yapglobal.com
Social: LinkedIn
About European Blockchain Convention:
Founded in 2018, the European Blockchain Convention has grown into a key driver of European deal flow in digital assets, bringing together banks, asset managers, regulators, infrastructure providers, and builders annually. Alongside EBC, the Digital Assets Forum series extends this reach across London, Abu Dhabi, and New York throughout the year.
EBC12 brings together speakers from J.P. Morgan, the Financial Conduct Authority, Invesco, Coinbase, Fidelity International, and more than 300 leaders from the banks, regulators, and asset managers shaping Europe’s digital asset market.
Barcelona, Spain, July, 2026 — Eleven weeks after the European Union’s MiCA deadline, the 12th edition of the European Blockchain Convention (EBC12) returns to Barcelona at a pivotal moment for the industry. It is the region’s first major institutional gathering since the world’s first comprehensive cross-border digital asset regulation became fully law, and the event where European deal flow happens.
MiCA is now fully in force. For European markets, the focus shifts to what comes next: CASP licensing, stablecoin issuance, and the role of CBDCs in cross-border settlement. EBC12 is where that conversation takes place.
Rather than chasing mandates city by city across London, Paris, Frankfurt, Zurich, and Barcelona, EBC12 compresses the European digital asset market into a single two-day commercial arena. It takes place on 16–17 September 2026 at the Palau de Congressos de Catalunya.
Europe has set the pace for compliant digital asset markets, giving the industry a clearer framework for how crypto can scale within regulation rather than around it. The institutional signal is unmistakable: Deutsche Börse has invested $200 million in Kraken; Santander’s digital bank, Openbank, has expanded its crypto trading for customers across Germany and Spain. Both will be among the institutions discussing what comes next in Barcelona this September.
EBC expects 80 of Europe’s top 100 banks in Barcelona this September, up from 50 last year. The debate about whether institutions will enter digital assets is over. EBC12 is where they come to work out what comes next.
“Eight years ago, we built EBC because we believed Europe would be where this industry matured. A lot of people thought we were early. In 2026, European banks are deploying capital, institutional products are live across major markets, and the regulatory framework is in place. EBC is where the people driving that change meet once a year to do real business,” said Victoria Gago, Co-CEO of European Blockchain Convention and Digital Assets Forum.
Sessions cover institutional capital allocation, real-world asset tokenisation, regulatory market structure, and the future of stablecoins and CBDCs as global settlement infrastructure.
Confirmed speakers include Emma Landriault, Head of Kinexys Labs at J.P. Morgan; Mohamad Zaraket, Head of Digital Assets Strategy EMEA at BNY; Kathleen Wrynn, Global Head of DA, Invesco; Victor Jung, Vice President, Digital Assets & Currencies, Hamilton Lane; Previn Singh from Fidelity and Colin Payne, Head of Innovation at the Financial Conduct Authority, among more than 300 speakers from across banking, asset management, infrastructure, and policy.
Alongside the main programme, EBC12 features 10,000 pre-arranged one-to-one meetings, a Buy Side Breakfast for allocators and institutional investors, and a dedicated press room with direct access to speakers.
EBC12 expects over 5,000 attendees from 90+ countries for two days of market intelligence, strategic networking, and commercial momentum at the Palau de Congressos de Catalunya, a new premium venue reflecting the event’s institutional evolution.
— ENDS —
Notes to Editors
Event: European Blockchain Convention 12 (EBC12)
Dates: 16–17 September 2026
Venue: Palau de Congressos de Catalunya, Barcelona, Spain
Website: eblockchainconvention.com
Press enquiries: ebc@yapglobal.com or samvidha@yapglobal.com
Social: LinkedIn
About European Blockchain Convention:
Founded in 2018, the European Blockchain Convention has grown into a key driver of European deal flow in digital assets, bringing together banks, asset managers, regulators, infrastructure providers, and builders annually. Alongside EBC, the Digital Assets Forum series extends this reach across London, Abu Dhabi, and New York throughout the year.
COINUS-2,09%
80
Article
Voir la traduction
Binance CEO Richard Teng: 70% of EU Users Chose Self-Custody Over MiCA-Licensed PlatformsThe European Union’s much-anticipated Markets in Crypto-Assets regulation, designed to protect consumers through mandatory licensing and oversight, appears to be producing the opposite effect. According to disclosures by Binance co-CEO Richard Teng at the Reuters NEXT Asia summit in Singapore, the strict enforcement regime has inadvertently funneled cryptocurrency users away from regulated exchanges and toward decentralized self-custody solutions operating entirely beyond regulatory reach.
Teng revealed that among EU-based users forced to withdraw assets from Binance following the company’s June 24 withdrawal of its MiCA application, seven in ten chose to move their holdings to self-hosted wallets rather than migrate to competitors operating under MiCA authorization. Only three in ten transferred funds to licensed platforms. The finding challenges the foundational assumption underlying MiCA’s design: that regulatory pressure would consolidate activity into supervised, compliant venues.
The Data Behind the Retreat
Between June 24 and July 1, 2026, Binance processed extraordinary outflow volumes as affected European customers liquidated positions or relocated holdings elsewhere. During the week beginning June 29, the exchange recorded net outflows of approximately $1.23 billion — a 207% spike compared to the prior week’s $400 million. That volume represents not merely a reaction to a single platform’s exit, but a visible marker of where the broader user migration has gone.
Teng’s disclosure about the 70-30 split emerged as regulatory authorities including ESMA (European Securities and Markets Authority) initiated formal reviews of how MiCA’s custody provisions are functioning in practice. The timing of the governance review suggests regulators themselves are questioning whether the rules have achieved their intended effect of concentrating activity within supervised frameworks.
Why Self-Custody Undermines MiCA’s Goals
Teng, a former regulator, articulated a pointed critique during his Singapore address: users holding cryptocurrency in self-hosted wallets operate beyond the anti-money-laundering (AML) and know-your-customer (KYC) verification systems that MiCA mandates for licensed platforms.
“Once funds move into a self-hosted wallet, the risks actually amplify,” Teng stated. “There are no proper AML and KYC controls over those holdings.”
The irony is structural. MiCA was constructed as Europe’s first unified effort to harmonize crypto regulation across 27 member states, establishing baseline protections intended to move illicit activity into the light. Instead, the enforcement deadline appears to have accelerated migration toward the precise regulatory gray zones MiCA was designed to eliminate. Users who might have remained on licensed platforms had less friction or perceived uncertainty now actively chose unregulated self-custody.
Expert analysis from blockchain compliance firms confirms this dynamic. According to reports cited by Yahoo Finance sources, the compliance infrastructure that MiCA requires — including custody reporting, transaction monitoring, and regulatory interface — has created operational friction that makes licensed platforms less attractive than alternatives, particularly for users already skeptical of institutional intermediaries.
The Timing and Process Issues
Binance’s withdrawal from Greece was framed by Teng as forced by regulator inaction rather than a choice driven purely by business considerations. The company submitted what it claims was a fully compliant MiCA application through the Hellenic Capital Market Commission (HCMC) in January 2026. According to Teng’s account, Greek authorities conducted their review, indicated the filing met requirements, and escalated the decision to ESMA for final approval. No formal authorization was issued, but also no explanation for delay was provided.
As the July 1 deadline approached with no resolution, Binance faced a choice between operating with an incomplete license or preparing for a rushed client exit. The company chose the latter, withdrawing the application on June 24 and informing customers they had one week to move assets. Teng contended that the short transition window — itself a result of regulatory delays — created practical pressure that benefited neither users nor MiCA’s stated protective goals.
This sequence has prompted regulators to examine whether MiCA’s single-market approach is actually functioning as designed. The regulation was constructed to avoid the fragmentation that plagued pre-MiCA crypto regulation, where different member states imposed conflicting rules. Instead, early implementation suggests member-state discretion is creating the fragmentation MiCA was meant to eliminate.
Market Responses and Competitive Gains
While Binance users migrated to self-custody or licensed competitors, rival exchanges reported surging activity. OKX disclosed that app downloads spiked 158% between June 24 and July 5 in Europe — a ten-day window that captured both Binance’s exit announcement and the regulatory transition. Coinbase, Kraken, Bitpanda and other licensed platforms similarly reported elevated sign-up volumes, capturing the 30% of Binance’s departing capital that remained within regulated venues.
Yet that distribution — 70% to unregulated self-custody versus 30% to licensed competitors — means the net regulatory outcome of MiCA’s enforcement has been negative. Compliance infrastructure designed to consolidate activity into supervised markets instead fragmented it, with the majority fraction moving beyond supervision.
What Comes Next
Teng indicated that multiple EU member states have subsequently invited Binance to apply for MiCA authorization, suggesting the company’s exit is being viewed by regulators as a process failure rather than an industry problem. Binance says it remains committed to European operations and expects to secure licensing within coming months, though the company has not named candidate jurisdictions.
For ESMA and national regulators, the challenge now is determining whether the self-custody migration is temporary — a reaction to Binance’s specific exit and MiCA’s disruptive transition — or signals deeper structural problems with the regulatory approach itself. The custody review ESMA initiated this week will likely provide critical evidence about whether MiCA’s enforcement is protecting European consumers or pushing them beyond regulatory sight.
Binance CEO Richard Teng: 70% of EU Users Chose Self-Custody Over MiCA-Licensed Platforms
The European Union’s much-anticipated Markets in Crypto-Assets regulation, designed to protect consumers through mandatory licensing and oversight, appears to be producing the opposite effect. According to disclosures by Binance co-CEO Richard Teng at the Reuters NEXT Asia summit in Singapore, the strict enforcement regime has inadvertently funneled cryptocurrency users away from regulated exchanges and toward decentralized self-custody solutions operating entirely beyond regulatory reach.
Teng revealed that among EU-based users forced to withdraw assets from Binance following the company’s June 24 withdrawal of its MiCA application, seven in ten chose to move their holdings to self-hosted wallets rather than migrate to competitors operating under MiCA authorization. Only three in ten transferred funds to licensed platforms. The finding challenges the foundational assumption underlying MiCA’s design: that regulatory pressure would consolidate activity into supervised, compliant venues.
The Data Behind the Retreat
Between June 24 and July 1, 2026, Binance processed extraordinary outflow volumes as affected European customers liquidated positions or relocated holdings elsewhere. During the week beginning June 29, the exchange recorded net outflows of approximately $1.23 billion — a 207% spike compared to the prior week’s $400 million. That volume represents not merely a reaction to a single platform’s exit, but a visible marker of where the broader user migration has gone.
Teng’s disclosure about the 70-30 split emerged as regulatory authorities including ESMA (European Securities and Markets Authority) initiated formal reviews of how MiCA’s custody provisions are functioning in practice. The timing of the governance review suggests regulators themselves are questioning whether the rules have achieved their intended effect of concentrating activity within supervised frameworks.
Why Self-Custody Undermines MiCA’s Goals
Teng, a former regulator, articulated a pointed critique during his Singapore address: users holding cryptocurrency in self-hosted wallets operate beyond the anti-money-laundering (AML) and know-your-customer (KYC) verification systems that MiCA mandates for licensed platforms.
“Once funds move into a self-hosted wallet, the risks actually amplify,” Teng stated. “There are no proper AML and KYC controls over those holdings.”
The irony is structural. MiCA was constructed as Europe’s first unified effort to harmonize crypto regulation across 27 member states, establishing baseline protections intended to move illicit activity into the light. Instead, the enforcement deadline appears to have accelerated migration toward the precise regulatory gray zones MiCA was designed to eliminate. Users who might have remained on licensed platforms had less friction or perceived uncertainty now actively chose unregulated self-custody.
Expert analysis from blockchain compliance firms confirms this dynamic. According to reports cited by Yahoo Finance sources, the compliance infrastructure that MiCA requires — including custody reporting, transaction monitoring, and regulatory interface — has created operational friction that makes licensed platforms less attractive than alternatives, particularly for users already skeptical of institutional intermediaries.
The Timing and Process Issues
Binance’s withdrawal from Greece was framed by Teng as forced by regulator inaction rather than a choice driven purely by business considerations. The company submitted what it claims was a fully compliant MiCA application through the Hellenic Capital Market Commission (HCMC) in January 2026. According to Teng’s account, Greek authorities conducted their review, indicated the filing met requirements, and escalated the decision to ESMA for final approval. No formal authorization was issued, but also no explanation for delay was provided.
As the July 1 deadline approached with no resolution, Binance faced a choice between operating with an incomplete license or preparing for a rushed client exit. The company chose the latter, withdrawing the application on June 24 and informing customers they had one week to move assets. Teng contended that the short transition window — itself a result of regulatory delays — created practical pressure that benefited neither users nor MiCA’s stated protective goals.
This sequence has prompted regulators to examine whether MiCA’s single-market approach is actually functioning as designed. The regulation was constructed to avoid the fragmentation that plagued pre-MiCA crypto regulation, where different member states imposed conflicting rules. Instead, early implementation suggests member-state discretion is creating the fragmentation MiCA was meant to eliminate.
Market Responses and Competitive Gains
While Binance users migrated to self-custody or licensed competitors, rival exchanges reported surging activity. OKX disclosed that app downloads spiked 158% between June 24 and July 5 in Europe — a ten-day window that captured both Binance’s exit announcement and the regulatory transition. Coinbase, Kraken, Bitpanda and other licensed platforms similarly reported elevated sign-up volumes, capturing the 30% of Binance’s departing capital that remained within regulated venues.
Yet that distribution — 70% to unregulated self-custody versus 30% to licensed competitors — means the net regulatory outcome of MiCA’s enforcement has been negative. Compliance infrastructure designed to consolidate activity into supervised markets instead fragmented it, with the majority fraction moving beyond supervision.
What Comes Next
Teng indicated that multiple EU member states have subsequently invited Binance to apply for MiCA authorization, suggesting the company’s exit is being viewed by regulators as a process failure rather than an industry problem. Binance says it remains committed to European operations and expects to secure licensing within coming months, though the company has not named candidate jurisdictions.
For ESMA and national regulators, the challenge now is determining whether the self-custody migration is temporary — a reaction to Binance’s specific exit and MiCA’s disruptive transition — or signals deeper structural problems with the regulatory approach itself. The custody review ESMA initiated this week will likely provide critical evidence about whether MiCA’s enforcement is protecting European consumers or pushing them beyond regulatory sight.
Teng revealed that among EU-based users forced to withdraw assets from Binance following the company’s June 24 withdrawal of its MiCA application, seven in ten chose to move their holdings to self-hosted wallets rather than migrate to competitors operating under MiCA authorization. Only three in ten transferred funds to licensed platforms. The finding challenges the foundational assumption underlying MiCA’s design: that regulatory pressure would consolidate activity into supervised, compliant venues.
The Data Behind the Retreat
Between June 24 and July 1, 2026, Binance processed extraordinary outflow volumes as affected European customers liquidated positions or relocated holdings elsewhere. During the week beginning June 29, the exchange recorded net outflows of approximately $1.23 billion — a 207% spike compared to the prior week’s $400 million. That volume represents not merely a reaction to a single platform’s exit, but a visible marker of where the broader user migration has gone.
Teng’s disclosure about the 70-30 split emerged as regulatory authorities including ESMA (European Securities and Markets Authority) initiated formal reviews of how MiCA’s custody provisions are functioning in practice. The timing of the governance review suggests regulators themselves are questioning whether the rules have achieved their intended effect of concentrating activity within supervised frameworks.
Why Self-Custody Undermines MiCA’s Goals
Teng, a former regulator, articulated a pointed critique during his Singapore address: users holding cryptocurrency in self-hosted wallets operate beyond the anti-money-laundering (AML) and know-your-customer (KYC) verification systems that MiCA mandates for licensed platforms.
“Once funds move into a self-hosted wallet, the risks actually amplify,” Teng stated. “There are no proper AML and KYC controls over those holdings.”
The irony is structural. MiCA was constructed as Europe’s first unified effort to harmonize crypto regulation across 27 member states, establishing baseline protections intended to move illicit activity into the light. Instead, the enforcement deadline appears to have accelerated migration toward the precise regulatory gray zones MiCA was designed to eliminate. Users who might have remained on licensed platforms had less friction or perceived uncertainty now actively chose unregulated self-custody.
Expert analysis from blockchain compliance firms confirms this dynamic. According to reports cited by Yahoo Finance sources, the compliance infrastructure that MiCA requires — including custody reporting, transaction monitoring, and regulatory interface — has created operational friction that makes licensed platforms less attractive than alternatives, particularly for users already skeptical of institutional intermediaries.
The Timing and Process Issues
Binance’s withdrawal from Greece was framed by Teng as forced by regulator inaction rather than a choice driven purely by business considerations. The company submitted what it claims was a fully compliant MiCA application through the Hellenic Capital Market Commission (HCMC) in January 2026. According to Teng’s account, Greek authorities conducted their review, indicated the filing met requirements, and escalated the decision to ESMA for final approval. No formal authorization was issued, but also no explanation for delay was provided.
As the July 1 deadline approached with no resolution, Binance faced a choice between operating with an incomplete license or preparing for a rushed client exit. The company chose the latter, withdrawing the application on June 24 and informing customers they had one week to move assets. Teng contended that the short transition window — itself a result of regulatory delays — created practical pressure that benefited neither users nor MiCA’s stated protective goals.
This sequence has prompted regulators to examine whether MiCA’s single-market approach is actually functioning as designed. The regulation was constructed to avoid the fragmentation that plagued pre-MiCA crypto regulation, where different member states imposed conflicting rules. Instead, early implementation suggests member-state discretion is creating the fragmentation MiCA was meant to eliminate.
Market Responses and Competitive Gains
While Binance users migrated to self-custody or licensed competitors, rival exchanges reported surging activity. OKX disclosed that app downloads spiked 158% between June 24 and July 5 in Europe — a ten-day window that captured both Binance’s exit announcement and the regulatory transition. Coinbase, Kraken, Bitpanda and other licensed platforms similarly reported elevated sign-up volumes, capturing the 30% of Binance’s departing capital that remained within regulated venues.
Yet that distribution — 70% to unregulated self-custody versus 30% to licensed competitors — means the net regulatory outcome of MiCA’s enforcement has been negative. Compliance infrastructure designed to consolidate activity into supervised markets instead fragmented it, with the majority fraction moving beyond supervision.
What Comes Next
Teng indicated that multiple EU member states have subsequently invited Binance to apply for MiCA authorization, suggesting the company’s exit is being viewed by regulators as a process failure rather than an industry problem. Binance says it remains committed to European operations and expects to secure licensing within coming months, though the company has not named candidate jurisdictions.
For ESMA and national regulators, the challenge now is determining whether the self-custody migration is temporary — a reaction to Binance’s specific exit and MiCA’s disruptive transition — or signals deeper structural problems with the regulatory approach itself. The custody review ESMA initiated this week will likely provide critical evidence about whether MiCA’s enforcement is protecting European consumers or pushing them beyond regulatory sight.
96
Voir la traduction
Binance CEO Richard Teng: 70% of EU Users Chose Self-Custody Over MiCA-Licensed PlatformsThe European Union’s much-anticipated Markets in Crypto-Assets regulation, designed to protect consumers through mandatory licensing and oversight, appears to be producing the opposite effect. According to disclosures by Binance co-CEO Richard Teng at the Reuters NEXT Asia summit in Singapore, the strict enforcement regime has inadvertently funneled cryptocurrency users away from regulated exchanges and toward decentralized self-custody solutions operating entirely beyond regulatory reach.
Teng revealed that among EU-based users forced to withdraw assets from Binance following the company’s June 24 withdrawal of its MiCA application, seven in ten chose to move their holdings to self-hosted wallets rather than migrate to competitors operating under MiCA authorization. Only three in ten transferred funds to licensed platforms. The finding challenges the foundational assumption underlying MiCA’s design: that regulatory pressure would consolidate activity into supervised, compliant venues.
The Data Behind the Retreat
Between June 24 and July 1, 2026, Binance processed extraordinary outflow volumes as affected European customers liquidated positions or relocated holdings elsewhere. During the week beginning June 29, the exchange recorded net outflows of approximately $1.23 billion — a 207% spike compared to the prior week’s $400 million. That volume represents not merely a reaction to a single platform’s exit, but a visible marker of where the broader user migration has gone.
Teng’s disclosure about the 70-30 split emerged as regulatory authorities including ESMA (European Securities and Markets Authority) initiated formal reviews of how MiCA’s custody provisions are functioning in practice. The timing of the governance review suggests regulators themselves are questioning whether the rules have achieved their intended effect of concentrating activity within supervised frameworks.
Why Self-Custody Undermines MiCA’s Goals
Teng, a former regulator, articulated a pointed critique during his Singapore address: users holding cryptocurrency in self-hosted wallets operate beyond the anti-money-laundering (AML) and know-your-customer (KYC) verification systems that MiCA mandates for licensed platforms.
“Once funds move into a self-hosted wallet, the risks actually amplify,” Teng stated. “There are no proper AML and KYC controls over those holdings.”
The irony is structural. MiCA was constructed as Europe’s first unified effort to harmonize crypto regulation across 27 member states, establishing baseline protections intended to move illicit activity into the light. Instead, the enforcement deadline appears to have accelerated migration toward the precise regulatory gray zones MiCA was designed to eliminate. Users who might have remained on licensed platforms had less friction or perceived uncertainty now actively chose unregulated self-custody.
Expert analysis from blockchain compliance firms confirms this dynamic. According to reports cited by Yahoo Finance sources, the compliance infrastructure that MiCA requires — including custody reporting, transaction monitoring, and regulatory interface — has created operational friction that makes licensed platforms less attractive than alternatives, particularly for users already skeptical of institutional intermediaries.
The Timing and Process Issues
Binance’s withdrawal from Greece was framed by Teng as forced by regulator inaction rather than a choice driven purely by business considerations. The company submitted what it claims was a fully compliant MiCA application through the Hellenic Capital Market Commission (HCMC) in January 2026. According to Teng’s account, Greek authorities conducted their review, indicated the filing met requirements, and escalated the decision to ESMA for final approval. No formal authorization was issued, but also no explanation for delay was provided.
As the July 1 deadline approached with no resolution, Binance faced a choice between operating with an incomplete license or preparing for a rushed client exit. The company chose the latter, withdrawing the application on June 24 and informing customers they had one week to move assets. Teng contended that the short transition window — itself a result of regulatory delays — created practical pressure that benefited neither users nor MiCA’s stated protective goals.
This sequence has prompted regulators to examine whether MiCA’s single-market approach is actually functioning as designed. The regulation was constructed to avoid the fragmentation that plagued pre-MiCA crypto regulation, where different member states imposed conflicting rules. Instead, early implementation suggests member-state discretion is creating the fragmentation MiCA was meant to eliminate.
Market Responses and Competitive Gains
While Binance users migrated to self-custody or licensed competitors, rival exchanges reported surging activity. OKX disclosed that app downloads spiked 158% between June 24 and July 5 in Europe — a ten-day window that captured both Binance’s exit announcement and the regulatory transition. Coinbase, Kraken, Bitpanda and other licensed platforms similarly reported elevated sign-up volumes, capturing the 30% of Binance’s departing capital that remained within regulated venues.
Yet that distribution — 70% to unregulated self-custody versus 30% to licensed competitors — means the net regulatory outcome of MiCA’s enforcement has been negative. Compliance infrastructure designed to consolidate activity into supervised markets instead fragmented it, with the majority fraction moving beyond supervision.
What Comes Next
Teng indicated that multiple EU member states have subsequently invited Binance to apply for MiCA authorization, suggesting the company’s exit is being viewed by regulators as a process failure rather than an industry problem. Binance says it remains committed to European operations and expects to secure licensing within coming months, though the company has not named candidate jurisdictions.
For ESMA and national regulators, the challenge now is determining whether the self-custody migration is temporary — a reaction to Binance’s specific exit and MiCA’s disruptive transition — or signals deeper structural problems with the regulatory approach itself. The custody review ESMA initiated this week will likely provide critical evidence about whether MiCA’s enforcement is protecting European consumers or pushing them beyond regulatory sight.
Binance CEO Richard Teng: 70% of EU Users Chose Self-Custody Over MiCA-Licensed Platforms
The European Union’s much-anticipated Markets in Crypto-Assets regulation, designed to protect consumers through mandatory licensing and oversight, appears to be producing the opposite effect. According to disclosures by Binance co-CEO Richard Teng at the Reuters NEXT Asia summit in Singapore, the strict enforcement regime has inadvertently funneled cryptocurrency users away from regulated exchanges and toward decentralized self-custody solutions operating entirely beyond regulatory reach.
Teng revealed that among EU-based users forced to withdraw assets from Binance following the company’s June 24 withdrawal of its MiCA application, seven in ten chose to move their holdings to self-hosted wallets rather than migrate to competitors operating under MiCA authorization. Only three in ten transferred funds to licensed platforms. The finding challenges the foundational assumption underlying MiCA’s design: that regulatory pressure would consolidate activity into supervised, compliant venues.
The Data Behind the Retreat
Between June 24 and July 1, 2026, Binance processed extraordinary outflow volumes as affected European customers liquidated positions or relocated holdings elsewhere. During the week beginning June 29, the exchange recorded net outflows of approximately $1.23 billion — a 207% spike compared to the prior week’s $400 million. That volume represents not merely a reaction to a single platform’s exit, but a visible marker of where the broader user migration has gone.
Teng’s disclosure about the 70-30 split emerged as regulatory authorities including ESMA (European Securities and Markets Authority) initiated formal reviews of how MiCA’s custody provisions are functioning in practice. The timing of the governance review suggests regulators themselves are questioning whether the rules have achieved their intended effect of concentrating activity within supervised frameworks.
Why Self-Custody Undermines MiCA’s Goals
Teng, a former regulator, articulated a pointed critique during his Singapore address: users holding cryptocurrency in self-hosted wallets operate beyond the anti-money-laundering (AML) and know-your-customer (KYC) verification systems that MiCA mandates for licensed platforms.
“Once funds move into a self-hosted wallet, the risks actually amplify,” Teng stated. “There are no proper AML and KYC controls over those holdings.”
The irony is structural. MiCA was constructed as Europe’s first unified effort to harmonize crypto regulation across 27 member states, establishing baseline protections intended to move illicit activity into the light. Instead, the enforcement deadline appears to have accelerated migration toward the precise regulatory gray zones MiCA was designed to eliminate. Users who might have remained on licensed platforms had less friction or perceived uncertainty now actively chose unregulated self-custody.
Expert analysis from blockchain compliance firms confirms this dynamic. According to reports cited by Yahoo Finance sources, the compliance infrastructure that MiCA requires — including custody reporting, transaction monitoring, and regulatory interface — has created operational friction that makes licensed platforms less attractive than alternatives, particularly for users already skeptical of institutional intermediaries.
The Timing and Process Issues
Binance’s withdrawal from Greece was framed by Teng as forced by regulator inaction rather than a choice driven purely by business considerations. The company submitted what it claims was a fully compliant MiCA application through the Hellenic Capital Market Commission (HCMC) in January 2026. According to Teng’s account, Greek authorities conducted their review, indicated the filing met requirements, and escalated the decision to ESMA for final approval. No formal authorization was issued, but also no explanation for delay was provided.
As the July 1 deadline approached with no resolution, Binance faced a choice between operating with an incomplete license or preparing for a rushed client exit. The company chose the latter, withdrawing the application on June 24 and informing customers they had one week to move assets. Teng contended that the short transition window — itself a result of regulatory delays — created practical pressure that benefited neither users nor MiCA’s stated protective goals.
This sequence has prompted regulators to examine whether MiCA’s single-market approach is actually functioning as designed. The regulation was constructed to avoid the fragmentation that plagued pre-MiCA crypto regulation, where different member states imposed conflicting rules. Instead, early implementation suggests member-state discretion is creating the fragmentation MiCA was meant to eliminate.
Market Responses and Competitive Gains
While Binance users migrated to self-custody or licensed competitors, rival exchanges reported surging activity. OKX disclosed that app downloads spiked 158% between June 24 and July 5 in Europe — a ten-day window that captured both Binance’s exit announcement and the regulatory transition. Coinbase, Kraken, Bitpanda and other licensed platforms similarly reported elevated sign-up volumes, capturing the 30% of Binance’s departing capital that remained within regulated venues.
Yet that distribution — 70% to unregulated self-custody versus 30% to licensed competitors — means the net regulatory outcome of MiCA’s enforcement has been negative. Compliance infrastructure designed to consolidate activity into supervised markets instead fragmented it, with the majority fraction moving beyond supervision.
What Comes Next
Teng indicated that multiple EU member states have subsequently invited Binance to apply for MiCA authorization, suggesting the company’s exit is being viewed by regulators as a process failure rather than an industry problem. Binance says it remains committed to European operations and expects to secure licensing within coming months, though the company has not named candidate jurisdictions.
For ESMA and national regulators, the challenge now is determining whether the self-custody migration is temporary — a reaction to Binance’s specific exit and MiCA’s disruptive transition — or signals deeper structural problems with the regulatory approach itself. The custody review ESMA initiated this week will likely provide critical evidence about whether MiCA’s enforcement is protecting European consumers or pushing them beyond regulatory sight.
Teng revealed that among EU-based users forced to withdraw assets from Binance following the company’s June 24 withdrawal of its MiCA application, seven in ten chose to move their holdings to self-hosted wallets rather than migrate to competitors operating under MiCA authorization. Only three in ten transferred funds to licensed platforms. The finding challenges the foundational assumption underlying MiCA’s design: that regulatory pressure would consolidate activity into supervised, compliant venues.
The Data Behind the Retreat
Between June 24 and July 1, 2026, Binance processed extraordinary outflow volumes as affected European customers liquidated positions or relocated holdings elsewhere. During the week beginning June 29, the exchange recorded net outflows of approximately $1.23 billion — a 207% spike compared to the prior week’s $400 million. That volume represents not merely a reaction to a single platform’s exit, but a visible marker of where the broader user migration has gone.
Teng’s disclosure about the 70-30 split emerged as regulatory authorities including ESMA (European Securities and Markets Authority) initiated formal reviews of how MiCA’s custody provisions are functioning in practice. The timing of the governance review suggests regulators themselves are questioning whether the rules have achieved their intended effect of concentrating activity within supervised frameworks.
Why Self-Custody Undermines MiCA’s Goals
Teng, a former regulator, articulated a pointed critique during his Singapore address: users holding cryptocurrency in self-hosted wallets operate beyond the anti-money-laundering (AML) and know-your-customer (KYC) verification systems that MiCA mandates for licensed platforms.
“Once funds move into a self-hosted wallet, the risks actually amplify,” Teng stated. “There are no proper AML and KYC controls over those holdings.”
The irony is structural. MiCA was constructed as Europe’s first unified effort to harmonize crypto regulation across 27 member states, establishing baseline protections intended to move illicit activity into the light. Instead, the enforcement deadline appears to have accelerated migration toward the precise regulatory gray zones MiCA was designed to eliminate. Users who might have remained on licensed platforms had less friction or perceived uncertainty now actively chose unregulated self-custody.
Expert analysis from blockchain compliance firms confirms this dynamic. According to reports cited by Yahoo Finance sources, the compliance infrastructure that MiCA requires — including custody reporting, transaction monitoring, and regulatory interface — has created operational friction that makes licensed platforms less attractive than alternatives, particularly for users already skeptical of institutional intermediaries.
The Timing and Process Issues
Binance’s withdrawal from Greece was framed by Teng as forced by regulator inaction rather than a choice driven purely by business considerations. The company submitted what it claims was a fully compliant MiCA application through the Hellenic Capital Market Commission (HCMC) in January 2026. According to Teng’s account, Greek authorities conducted their review, indicated the filing met requirements, and escalated the decision to ESMA for final approval. No formal authorization was issued, but also no explanation for delay was provided.
As the July 1 deadline approached with no resolution, Binance faced a choice between operating with an incomplete license or preparing for a rushed client exit. The company chose the latter, withdrawing the application on June 24 and informing customers they had one week to move assets. Teng contended that the short transition window — itself a result of regulatory delays — created practical pressure that benefited neither users nor MiCA’s stated protective goals.
This sequence has prompted regulators to examine whether MiCA’s single-market approach is actually functioning as designed. The regulation was constructed to avoid the fragmentation that plagued pre-MiCA crypto regulation, where different member states imposed conflicting rules. Instead, early implementation suggests member-state discretion is creating the fragmentation MiCA was meant to eliminate.
Market Responses and Competitive Gains
While Binance users migrated to self-custody or licensed competitors, rival exchanges reported surging activity. OKX disclosed that app downloads spiked 158% between June 24 and July 5 in Europe — a ten-day window that captured both Binance’s exit announcement and the regulatory transition. Coinbase, Kraken, Bitpanda and other licensed platforms similarly reported elevated sign-up volumes, capturing the 30% of Binance’s departing capital that remained within regulated venues.
Yet that distribution — 70% to unregulated self-custody versus 30% to licensed competitors — means the net regulatory outcome of MiCA’s enforcement has been negative. Compliance infrastructure designed to consolidate activity into supervised markets instead fragmented it, with the majority fraction moving beyond supervision.
What Comes Next
Teng indicated that multiple EU member states have subsequently invited Binance to apply for MiCA authorization, suggesting the company’s exit is being viewed by regulators as a process failure rather than an industry problem. Binance says it remains committed to European operations and expects to secure licensing within coming months, though the company has not named candidate jurisdictions.
For ESMA and national regulators, the challenge now is determining whether the self-custody migration is temporary — a reaction to Binance’s specific exit and MiCA’s disruptive transition — or signals deeper structural problems with the regulatory approach itself. The custody review ESMA initiated this week will likely provide critical evidence about whether MiCA’s enforcement is protecting European consumers or pushing them beyond regulatory sight.
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Alexander Gerchik: “I Don’t See Any Fundamentally Bad Signals in the Stock Market Yet. but Crypto...Today’s interview is with Alexander Gerchik, one of the most well-known traders in the Russian-speaking space. He went from being a taxi driver in New York to becoming a multimillionaire, became the first public trader in the Russian-speaking market, and his interviews have received millions of views. Today, Gerchik publicly shares his trades and runs a Telegram channel for traders.
We discussed the state of the U.S. stock market, a possible correction, the role of pension money and hedge funds, the outlook for U.S. interest rates, and the impact of Trump’s policies. A separate focus was the crypto market: what is happening with Bitcoin, why Gerchik is concerned about MicroStrategy’s strategy, whether Michael Saylor can “sit through” a downturn, and which BTC scenario he considers more likely.
— Alexander, hello! Let’s get straight to the main question: the S&P 500 is now at all-time highs, while many say that Americans’ purchasing power has dropped sharply. Is this a bubble? Should we expect a major correction?
The main money entering the market right now is pension money. Americans have enormous retirement savings. In America, people are taught from the very beginning: money in the bank is for current expenses, while the main money should go toward retirement.
Even a doctor who earns $20,000 a month may receive only $3,000–3,500 in retirement. And if a person is used to living on $250,000 a year, it will be difficult for them. That is why people save. But inflation is not just “sausage got more expensive.” It is the rising cost of life as a whole.
I’ll give you an example. My sister lives in Miami. She is a nurse, and her husband is also a nurse. Together, they make around $190,000 a year — that is upper middle class. They bought a house for $425,000 at a very low interest rate, around 2.25%. But the property tax went from $3,000 to $10,000 a year. The homeowners association fee went from $280 to $1,000 a month. Groceries used to cost $2,000 a month, now they cost $3,000. And salary indexation is only 3% a year. These expenses come from everywhere.
At the same time, 80% of Americans do not have $5,000 in their account. But as a nation, they have become wealthier because their retirement savings have grown significantly. Someone had $100,000–120,000, and now they have $700,000. The problem is that you cannot simply withdraw pension money — there is a penalty.
Previously, people invested their retirement money conservatively: funds, 10–12% annual returns. Nobody played around with pension money. But now people call their brokers and say: “Bro, why am I making only 10%? Look at what’s happening in the market.” That is why a lot of money came from there.
Plus, since 2010, the market has grown significantly because of buybacks. Companies were buying back their own shares. They generated huge amounts of cash, and during drawdowns, they simply entered the market and bought their own stock.
— But AI companies already seem overvalued. Micron and SanDisk have started to fall. Where can the market find new energy?
Hedge funds currently have maximum long exposure. This is public information. They have a lot of money, and a lot of money continues to flow into them. They are buying.
As for Micron, SanDisk, and others — they have grown a lot. If an instrument has gone up 1000%, someone will take profit. That is normal. It does not mean the market is immediately broken. Besides, a huge amount of money has entered the U.S. market from abroad. European markets and the Korean market are also at highs. This is all part of the broader boom.
Regarding AI, I’ll say this: I worked on artificial intelligence development for around nine years. What people now call artificial intelligence is not artificial intelligence in the full sense. It is a new-generation neural network. It is very powerful, processes data quickly, translates, builds patterns — but it still works with the information it is fed. ChatGPT, for example, has made huge progress in a year because it was “fed.” But it is still a database and data processing. Even AI music is becoming popular now, and it can indeed be beautiful. But it still uses a human voice, a certain tone, and structure. If you listen to several songs by one AI artist, they will sound similar.
It is the same with blockchain. The technology itself is not new; it comes from the 1980s. Earlier, there simply was not enough computing power to process it properly. Now that computing power exists, the technology has become applicable. — Could the market reverse soon? Many people already want to short Nvidia, Micron, and SK Hynix. Michael Burry is also shorting.
I have been hearing that “everything is about to end” for around 15 years. Theoretically, of course, one day there could be a drop. But you have to understand people’s psychology. If you had $100,000, then it became $400,000, and then it dropped to $320,000, many people would say: “It’s fine, I’ll sit through it.”
I have acquaintances with millions in the market. One person says: “I started with $300,000, now I have $3 million. If it becomes $2.4 million, I’ll sit through it.” People are not afraid of that.
Yes, some company valuations are insane. OpenAI spends $100 billion to try to earn $5 billion. SpaceX has an absolutely unhealthy valuation. Of course, there will be some kind of pullback. But I do not see it happening right now.
I think if a decline starts, it will not start from something general, but from some individual case. A problem has to happen in a specific stock. Because when it comes to technology, there is still no visible slowdown in growth. The first signal is purchasing power. People are changing cars and TVs less often and postponing purchases. The second signal will be what they say at the next rate meeting.
— What do you expect on rates? Many believe Kevin Warsh will “dance to Trump’s tune.”
I do not think they will sharply cut rates. But I also think they will not be allowed to raise them. They may explain it through affordable housing. If rates go even higher, people simply will not be able to buy homes. Mortgage rates are already around 6.25–7%. Add another 1%, and it is already 8%. I bought my first house in 2001 at an 8% mortgage rate, and that is a huge number.
There is also another potential driver — the real estate market. The government wants to give low-income people and those who previously could not afford housing access to affordable homes. They also want to limit hedge funds and large companies that buy thousands of homes. If an ordinary person can buy cheaper housing, they will have extra money that they can spend or invest.
— What about crypto? Right now everyone is buying for their balance sheets: Bitcoin, ETH, Solana. But the market is going down.
That is exactly what I do not like. Crypto is everywhere: some are buying for their balance sheets, others are buying, ETH is being bought, Solana is being bought — and the market is going down.
I am trying to understand: are large players selling because they are disappointed, or because the cost of carrying the position is too high? According to the latest data I saw, more than 70% of people who trade or hold crypto do it with leverage.
I talked about MicroStrategy several months ago. When Bitcoin started falling, I was shorting it from 85 and explained to people: the company has no operating profit, but it will have expenses. I was heavily criticized back then. But when MicroStrategy sells even 32 BTC, the issue is not the size of the sale. For them, 32 BTC is a drop in the ocean. The point is different: a company that used to say from morning to night, “sell your kidneys, buy Bitcoin,” is now selling Bitcoin itself.
They may buy the dip later, but the problem remains. MicroStrategy will never come out and say: “Guys, we are disappointed in our strategy.”
But people do not understand the main thing: it is a public company. It is not Michael Saylor’s personal money. If I bought Bitcoin with my own money, I can sit through even minus 90%. I believe — and I can wait. But a public company has shareholders, bonds, obligations, expenses, salaries, and insurance. Who will let them calmly sit through Bitcoin at $8,000? Technically, you can say anything, but the market can force you to sell.
The biggest mistake crypto people make is falling in love with an instrument. You cannot treat the market personally. Bitcoin can be an idea, a principle, a transformation of money — I understand that. Yes, with a seed phrase, you can cross a border, preserve capital, and feel freedom. But in real life, you still cannot buy everything everywhere with crypto. At some point, you will have to exchange USDT or BTC into regular currency, look for exchangers, banks, or people. It is still not universal and not that simple.
The biggest mistake crypto people make is falling in love with an instrument.
— For many people, Bitcoin is no longer just an instrument, but an idea: freedom, capital protection, and a way to survive crises. Fundamentally, nothing has changed, right?
I agree with that: crypto gives people a sense of freedom in many ways, and that is why it has become so popular. But right now I do not understand what should make Bitcoin grow, who should drive it, and why.
In my opinion, the first positive signal for the market could only be clear regulation, for example, the CLARITY Act. Until that happens, I do not see a strong trigger.
And the biggest problem would be if MicroStrategy starts having serious difficulties. The company is on everyone’s radar, and if that story starts falling apart, the worst thing that can happen is that people lose trust. That is the most dangerous thing for the market.
— If you had to choose between two scenarios: Bitcoin first drops to $40,000 or returns to $85,000–90,000 — which one seems more likely to you?
I think we will see Bitcoin at $40,000 sooner. I believe MicroStrategy could be the one to generate some broader problem for the market.
Interview by Alex Belov
Alexander Gerchik: “I Don’t See Any Fundamentally Bad Signals in the Stock Market Yet. but Crypto...
Today’s interview is with Alexander Gerchik, one of the most well-known traders in the Russian-speaking space. He went from being a taxi driver in New York to becoming a multimillionaire, became the first public trader in the Russian-speaking market, and his interviews have received millions of views. Today, Gerchik publicly shares his trades and runs a Telegram channel for traders.
We discussed the state of the U.S. stock market, a possible correction, the role of pension money and hedge funds, the outlook for U.S. interest rates, and the impact of Trump’s policies. A separate focus was the crypto market: what is happening with Bitcoin, why Gerchik is concerned about MicroStrategy’s strategy, whether Michael Saylor can “sit through” a downturn, and which BTC scenario he considers more likely.
— Alexander, hello! Let’s get straight to the main question: the S&P 500 is now at all-time highs, while many say that Americans’ purchasing power has dropped sharply. Is this a bubble? Should we expect a major correction?
The main money entering the market right now is pension money. Americans have enormous retirement savings. In America, people are taught from the very beginning: money in the bank is for current expenses, while the main money should go toward retirement.
Even a doctor who earns $20,000 a month may receive only $3,000–3,500 in retirement. And if a person is used to living on $250,000 a year, it will be difficult for them. That is why people save. But inflation is not just “sausage got more expensive.” It is the rising cost of life as a whole.
I’ll give you an example. My sister lives in Miami. She is a nurse, and her husband is also a nurse. Together, they make around $190,000 a year — that is upper middle class. They bought a house for $425,000 at a very low interest rate, around 2.25%. But the property tax went from $3,000 to $10,000 a year. The homeowners association fee went from $280 to $1,000 a month. Groceries used to cost $2,000 a month, now they cost $3,000. And salary indexation is only 3% a year. These expenses come from everywhere.
At the same time, 80% of Americans do not have $5,000 in their account. But as a nation, they have become wealthier because their retirement savings have grown significantly. Someone had $100,000–120,000, and now they have $700,000. The problem is that you cannot simply withdraw pension money — there is a penalty.
Previously, people invested their retirement money conservatively: funds, 10–12% annual returns. Nobody played around with pension money. But now people call their brokers and say: “Bro, why am I making only 10%? Look at what’s happening in the market.” That is why a lot of money came from there.
Plus, since 2010, the market has grown significantly because of buybacks. Companies were buying back their own shares. They generated huge amounts of cash, and during drawdowns, they simply entered the market and bought their own stock.
— But AI companies already seem overvalued. Micron and SanDisk have started to fall. Where can the market find new energy?
Hedge funds currently have maximum long exposure. This is public information. They have a lot of money, and a lot of money continues to flow into them. They are buying.
As for Micron, SanDisk, and others — they have grown a lot. If an instrument has gone up 1000%, someone will take profit. That is normal. It does not mean the market is immediately broken. Besides, a huge amount of money has entered the U.S. market from abroad. European markets and the Korean market are also at highs. This is all part of the broader boom.
Regarding AI, I’ll say this: I worked on artificial intelligence development for around nine years. What people now call artificial intelligence is not artificial intelligence in the full sense. It is a new-generation neural network. It is very powerful, processes data quickly, translates, builds patterns — but it still works with the information it is fed. ChatGPT, for example, has made huge progress in a year because it was “fed.” But it is still a database and data processing. Even AI music is becoming popular now, and it can indeed be beautiful. But it still uses a human voice, a certain tone, and structure. If you listen to several songs by one AI artist, they will sound similar.
It is the same with blockchain. The technology itself is not new; it comes from the 1980s. Earlier, there simply was not enough computing power to process it properly. Now that computing power exists, the technology has become applicable. — Could the market reverse soon? Many people already want to short Nvidia, Micron, and SK Hynix. Michael Burry is also shorting.
I have been hearing that “everything is about to end” for around 15 years. Theoretically, of course, one day there could be a drop. But you have to understand people’s psychology. If you had $100,000, then it became $400,000, and then it dropped to $320,000, many people would say: “It’s fine, I’ll sit through it.”
I have acquaintances with millions in the market. One person says: “I started with $300,000, now I have $3 million. If it becomes $2.4 million, I’ll sit through it.” People are not afraid of that.
Yes, some company valuations are insane. OpenAI spends $100 billion to try to earn $5 billion. SpaceX has an absolutely unhealthy valuation. Of course, there will be some kind of pullback. But I do not see it happening right now.
I think if a decline starts, it will not start from something general, but from some individual case. A problem has to happen in a specific stock. Because when it comes to technology, there is still no visible slowdown in growth. The first signal is purchasing power. People are changing cars and TVs less often and postponing purchases. The second signal will be what they say at the next rate meeting.
— What do you expect on rates? Many believe Kevin Warsh will “dance to Trump’s tune.”
I do not think they will sharply cut rates. But I also think they will not be allowed to raise them. They may explain it through affordable housing. If rates go even higher, people simply will not be able to buy homes. Mortgage rates are already around 6.25–7%. Add another 1%, and it is already 8%. I bought my first house in 2001 at an 8% mortgage rate, and that is a huge number.
There is also another potential driver — the real estate market. The government wants to give low-income people and those who previously could not afford housing access to affordable homes. They also want to limit hedge funds and large companies that buy thousands of homes. If an ordinary person can buy cheaper housing, they will have extra money that they can spend or invest.
— What about crypto? Right now everyone is buying for their balance sheets: Bitcoin, ETH, Solana. But the market is going down.
That is exactly what I do not like. Crypto is everywhere: some are buying for their balance sheets, others are buying, ETH is being bought, Solana is being bought — and the market is going down.
I am trying to understand: are large players selling because they are disappointed, or because the cost of carrying the position is too high? According to the latest data I saw, more than 70% of people who trade or hold crypto do it with leverage.
I talked about MicroStrategy several months ago. When Bitcoin started falling, I was shorting it from 85 and explained to people: the company has no operating profit, but it will have expenses. I was heavily criticized back then. But when MicroStrategy sells even 32 BTC, the issue is not the size of the sale. For them, 32 BTC is a drop in the ocean. The point is different: a company that used to say from morning to night, “sell your kidneys, buy Bitcoin,” is now selling Bitcoin itself.
They may buy the dip later, but the problem remains. MicroStrategy will never come out and say: “Guys, we are disappointed in our strategy.”
But people do not understand the main thing: it is a public company. It is not Michael Saylor’s personal money. If I bought Bitcoin with my own money, I can sit through even minus 90%. I believe — and I can wait. But a public company has shareholders, bonds, obligations, expenses, salaries, and insurance. Who will let them calmly sit through Bitcoin at $8,000? Technically, you can say anything, but the market can force you to sell.
The biggest mistake crypto people make is falling in love with an instrument. You cannot treat the market personally. Bitcoin can be an idea, a principle, a transformation of money — I understand that. Yes, with a seed phrase, you can cross a border, preserve capital, and feel freedom. But in real life, you still cannot buy everything everywhere with crypto. At some point, you will have to exchange USDT or BTC into regular currency, look for exchangers, banks, or people. It is still not universal and not that simple.
The biggest mistake crypto people make is falling in love with an instrument.
— For many people, Bitcoin is no longer just an instrument, but an idea: freedom, capital protection, and a way to survive crises. Fundamentally, nothing has changed, right?
I agree with that: crypto gives people a sense of freedom in many ways, and that is why it has become so popular. But right now I do not understand what should make Bitcoin grow, who should drive it, and why.
In my opinion, the first positive signal for the market could only be clear regulation, for example, the CLARITY Act. Until that happens, I do not see a strong trigger.
And the biggest problem would be if MicroStrategy starts having serious difficulties. The company is on everyone’s radar, and if that story starts falling apart, the worst thing that can happen is that people lose trust. That is the most dangerous thing for the market.
— If you had to choose between two scenarios: Bitcoin first drops to $40,000 or returns to $85,000–90,000 — which one seems more likely to you?
I think we will see Bitcoin at $40,000 sooner. I believe MicroStrategy could be the one to generate some broader problem for the market.
Interview by Alex Belov
We discussed the state of the U.S. stock market, a possible correction, the role of pension money and hedge funds, the outlook for U.S. interest rates, and the impact of Trump’s policies. A separate focus was the crypto market: what is happening with Bitcoin, why Gerchik is concerned about MicroStrategy’s strategy, whether Michael Saylor can “sit through” a downturn, and which BTC scenario he considers more likely.
— Alexander, hello! Let’s get straight to the main question: the S&P 500 is now at all-time highs, while many say that Americans’ purchasing power has dropped sharply. Is this a bubble? Should we expect a major correction?
The main money entering the market right now is pension money. Americans have enormous retirement savings. In America, people are taught from the very beginning: money in the bank is for current expenses, while the main money should go toward retirement.
Even a doctor who earns $20,000 a month may receive only $3,000–3,500 in retirement. And if a person is used to living on $250,000 a year, it will be difficult for them. That is why people save. But inflation is not just “sausage got more expensive.” It is the rising cost of life as a whole.
I’ll give you an example. My sister lives in Miami. She is a nurse, and her husband is also a nurse. Together, they make around $190,000 a year — that is upper middle class. They bought a house for $425,000 at a very low interest rate, around 2.25%. But the property tax went from $3,000 to $10,000 a year. The homeowners association fee went from $280 to $1,000 a month. Groceries used to cost $2,000 a month, now they cost $3,000. And salary indexation is only 3% a year. These expenses come from everywhere.
At the same time, 80% of Americans do not have $5,000 in their account. But as a nation, they have become wealthier because their retirement savings have grown significantly. Someone had $100,000–120,000, and now they have $700,000. The problem is that you cannot simply withdraw pension money — there is a penalty.
Previously, people invested their retirement money conservatively: funds, 10–12% annual returns. Nobody played around with pension money. But now people call their brokers and say: “Bro, why am I making only 10%? Look at what’s happening in the market.” That is why a lot of money came from there.
Plus, since 2010, the market has grown significantly because of buybacks. Companies were buying back their own shares. They generated huge amounts of cash, and during drawdowns, they simply entered the market and bought their own stock.
— But AI companies already seem overvalued. Micron and SanDisk have started to fall. Where can the market find new energy?
Hedge funds currently have maximum long exposure. This is public information. They have a lot of money, and a lot of money continues to flow into them. They are buying.
As for Micron, SanDisk, and others — they have grown a lot. If an instrument has gone up 1000%, someone will take profit. That is normal. It does not mean the market is immediately broken. Besides, a huge amount of money has entered the U.S. market from abroad. European markets and the Korean market are also at highs. This is all part of the broader boom.
Regarding AI, I’ll say this: I worked on artificial intelligence development for around nine years. What people now call artificial intelligence is not artificial intelligence in the full sense. It is a new-generation neural network. It is very powerful, processes data quickly, translates, builds patterns — but it still works with the information it is fed. ChatGPT, for example, has made huge progress in a year because it was “fed.” But it is still a database and data processing. Even AI music is becoming popular now, and it can indeed be beautiful. But it still uses a human voice, a certain tone, and structure. If you listen to several songs by one AI artist, they will sound similar.
It is the same with blockchain. The technology itself is not new; it comes from the 1980s. Earlier, there simply was not enough computing power to process it properly. Now that computing power exists, the technology has become applicable. — Could the market reverse soon? Many people already want to short Nvidia, Micron, and SK Hynix. Michael Burry is also shorting.
I have been hearing that “everything is about to end” for around 15 years. Theoretically, of course, one day there could be a drop. But you have to understand people’s psychology. If you had $100,000, then it became $400,000, and then it dropped to $320,000, many people would say: “It’s fine, I’ll sit through it.”
I have acquaintances with millions in the market. One person says: “I started with $300,000, now I have $3 million. If it becomes $2.4 million, I’ll sit through it.” People are not afraid of that.
Yes, some company valuations are insane. OpenAI spends $100 billion to try to earn $5 billion. SpaceX has an absolutely unhealthy valuation. Of course, there will be some kind of pullback. But I do not see it happening right now.
I think if a decline starts, it will not start from something general, but from some individual case. A problem has to happen in a specific stock. Because when it comes to technology, there is still no visible slowdown in growth. The first signal is purchasing power. People are changing cars and TVs less often and postponing purchases. The second signal will be what they say at the next rate meeting.
— What do you expect on rates? Many believe Kevin Warsh will “dance to Trump’s tune.”
I do not think they will sharply cut rates. But I also think they will not be allowed to raise them. They may explain it through affordable housing. If rates go even higher, people simply will not be able to buy homes. Mortgage rates are already around 6.25–7%. Add another 1%, and it is already 8%. I bought my first house in 2001 at an 8% mortgage rate, and that is a huge number.
There is also another potential driver — the real estate market. The government wants to give low-income people and those who previously could not afford housing access to affordable homes. They also want to limit hedge funds and large companies that buy thousands of homes. If an ordinary person can buy cheaper housing, they will have extra money that they can spend or invest.
— What about crypto? Right now everyone is buying for their balance sheets: Bitcoin, ETH, Solana. But the market is going down.
That is exactly what I do not like. Crypto is everywhere: some are buying for their balance sheets, others are buying, ETH is being bought, Solana is being bought — and the market is going down.
I am trying to understand: are large players selling because they are disappointed, or because the cost of carrying the position is too high? According to the latest data I saw, more than 70% of people who trade or hold crypto do it with leverage.
I talked about MicroStrategy several months ago. When Bitcoin started falling, I was shorting it from 85 and explained to people: the company has no operating profit, but it will have expenses. I was heavily criticized back then. But when MicroStrategy sells even 32 BTC, the issue is not the size of the sale. For them, 32 BTC is a drop in the ocean. The point is different: a company that used to say from morning to night, “sell your kidneys, buy Bitcoin,” is now selling Bitcoin itself.
They may buy the dip later, but the problem remains. MicroStrategy will never come out and say: “Guys, we are disappointed in our strategy.”
But people do not understand the main thing: it is a public company. It is not Michael Saylor’s personal money. If I bought Bitcoin with my own money, I can sit through even minus 90%. I believe — and I can wait. But a public company has shareholders, bonds, obligations, expenses, salaries, and insurance. Who will let them calmly sit through Bitcoin at $8,000? Technically, you can say anything, but the market can force you to sell.
The biggest mistake crypto people make is falling in love with an instrument. You cannot treat the market personally. Bitcoin can be an idea, a principle, a transformation of money — I understand that. Yes, with a seed phrase, you can cross a border, preserve capital, and feel freedom. But in real life, you still cannot buy everything everywhere with crypto. At some point, you will have to exchange USDT or BTC into regular currency, look for exchangers, banks, or people. It is still not universal and not that simple.
The biggest mistake crypto people make is falling in love with an instrument.
— For many people, Bitcoin is no longer just an instrument, but an idea: freedom, capital protection, and a way to survive crises. Fundamentally, nothing has changed, right?
I agree with that: crypto gives people a sense of freedom in many ways, and that is why it has become so popular. But right now I do not understand what should make Bitcoin grow, who should drive it, and why.
In my opinion, the first positive signal for the market could only be clear regulation, for example, the CLARITY Act. Until that happens, I do not see a strong trigger.
And the biggest problem would be if MicroStrategy starts having serious difficulties. The company is on everyone’s radar, and if that story starts falling apart, the worst thing that can happen is that people lose trust. That is the most dangerous thing for the market.
— If you had to choose between two scenarios: Bitcoin first drops to $40,000 or returns to $85,000–90,000 — which one seems more likely to you?
I think we will see Bitcoin at $40,000 sooner. I believe MicroStrategy could be the one to generate some broader problem for the market.
Interview by Alex Belov
58
Alexander Gerchik : « Je ne vois pas encore de signaux fondamentalement mauvais sur le marché boursier. Mais côté crypto… »L’entretien d’aujourd’hui est avec Alexander Gerchik, l’un des traders les plus connus dans l’espace russophone. Il est passé d’un travail de chauffeur de taxi à New York à celui de multimillionnaire ; il est devenu le premier trader public du marché russophone, et ses interviews ont été vues des millions de fois. Aujourd’hui, Gerchik partage publiquement ses transactions et anime une chaîne Telegram pour les traders.
Nous avons discuté de l’état du marché boursier américain, d’une éventuelle correction, du rôle de l’argent des pensions et des fonds spéculatifs, des perspectives des taux d’intérêt aux États-Unis, ainsi que de l’impact des politiques de Trump. Un autre axe portait sur le marché des cryptomonnaies : que se passe-t-il avec le Bitcoin, pourquoi Gerchik s’inquiète de la stratégie de MicroStrategy, si Michael Saylor peut « encaisser » un repli, et quel scénario en BTC il juge plus probable.
Alexander Gerchik : « Je ne vois pas encore de signaux fondamentalement mauvais sur le marché boursier. Mais côté crypto… »
L’entretien d’aujourd’hui est avec Alexander Gerchik, l’un des traders les plus connus dans l’espace russophone. Il est passé d’un travail de chauffeur de taxi à New York à celui de multimillionnaire ; il est devenu le premier trader public du marché russophone, et ses interviews ont été vues des millions de fois. Aujourd’hui, Gerchik partage publiquement ses transactions et anime une chaîne Telegram pour les traders.
Nous avons discuté de l’état du marché boursier américain, d’une éventuelle correction, du rôle de l’argent des pensions et des fonds spéculatifs, des perspectives des taux d’intérêt aux États-Unis, ainsi que de l’impact des politiques de Trump. Un autre axe portait sur le marché des cryptomonnaies : que se passe-t-il avec le Bitcoin, pourquoi Gerchik s’inquiète de la stratégie de MicroStrategy, si Michael Saylor peut « encaisser » un repli, et quel scénario en BTC il juge plus probable.
Nous avons discuté de l’état du marché boursier américain, d’une éventuelle correction, du rôle de l’argent des pensions et des fonds spéculatifs, des perspectives des taux d’intérêt aux États-Unis, ainsi que de l’impact des politiques de Trump. Un autre axe portait sur le marché des cryptomonnaies : que se passe-t-il avec le Bitcoin, pourquoi Gerchik s’inquiète de la stratégie de MicroStrategy, si Michael Saylor peut « encaisser » un repli, et quel scénario en BTC il juge plus probable.
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Voir la traduction
PROFX MEDIA ANNOUNCES PROFX EXPO AFRICA 2026 IN CAPE TOWN, UNITING GLOBAL FOREX & FINTECH LEADERSPROFX MEDIA ANNOUNCES PROFX EXPO AFRICA 2026 IN CAPE TOWN, UNITING GLOBAL FOREX & FINTECH LEADERS
Cape Town, South Africa – 20–21 August 2026
ProFX Media is proud to announce the upcoming PROFX Expo Africa 2026, an international financial industry exhibition scheduled to take place on 20–21 August 2026 in Cape Town, South Africa.
The event will bring together leading professionals, organizations, and decision-makers from across the global financial ecosystem, including Forex brokers, FinTech companies, liquidity providers, payment solution firms, blockchain innovators, and institutional investors.
PROFX Expo Africa 2026 is designed to serve as a strategic platform for industry collaboration, market expansion, and innovation-driven dialogue across the African and international financial sectors.
The expo aims to strengthen Africa’s position as a rapidly growing hub for financial technology and trading services, while offering global companies direct access to emerging markets, new partnerships, and investment opportunities.
Attendees will benefit from a high-level networking environment, industry panel discussions, brand exhibitions, and business development opportunities with key stakeholders in the Forex and FinTech industries.
Speaking about the event, ProFX Media highlighted its vision to create impactful global platforms that connect financial leaders and foster sustainable industry growth across regions.
Further details and updates regarding speakers, exhibitors, and partnerships will be announced in the coming months.
For more information, visit:
https://profxexpo.com/africa/
PROFX MEDIA ANNOUNCES PROFX EXPO AFRICA 2026 IN CAPE TOWN, UNITING GLOBAL FOREX & FINTECH LEADERS
PROFX MEDIA ANNOUNCES PROFX EXPO AFRICA 2026 IN CAPE TOWN, UNITING GLOBAL FOREX & FINTECH LEADERS
Cape Town, South Africa – 20–21 August 2026
ProFX Media is proud to announce the upcoming PROFX Expo Africa 2026, an international financial industry exhibition scheduled to take place on 20–21 August 2026 in Cape Town, South Africa.
The event will bring together leading professionals, organizations, and decision-makers from across the global financial ecosystem, including Forex brokers, FinTech companies, liquidity providers, payment solution firms, blockchain innovators, and institutional investors.
PROFX Expo Africa 2026 is designed to serve as a strategic platform for industry collaboration, market expansion, and innovation-driven dialogue across the African and international financial sectors.
The expo aims to strengthen Africa’s position as a rapidly growing hub for financial technology and trading services, while offering global companies direct access to emerging markets, new partnerships, and investment opportunities.
Attendees will benefit from a high-level networking environment, industry panel discussions, brand exhibitions, and business development opportunities with key stakeholders in the Forex and FinTech industries.
Speaking about the event, ProFX Media highlighted its vision to create impactful global platforms that connect financial leaders and foster sustainable industry growth across regions.
Further details and updates regarding speakers, exhibitors, and partnerships will be announced in the coming months.
For more information, visit:
https://profxexpo.com/africa/
Cape Town, South Africa – 20–21 August 2026
ProFX Media is proud to announce the upcoming PROFX Expo Africa 2026, an international financial industry exhibition scheduled to take place on 20–21 August 2026 in Cape Town, South Africa.
The event will bring together leading professionals, organizations, and decision-makers from across the global financial ecosystem, including Forex brokers, FinTech companies, liquidity providers, payment solution firms, blockchain innovators, and institutional investors.
PROFX Expo Africa 2026 is designed to serve as a strategic platform for industry collaboration, market expansion, and innovation-driven dialogue across the African and international financial sectors.
The expo aims to strengthen Africa’s position as a rapidly growing hub for financial technology and trading services, while offering global companies direct access to emerging markets, new partnerships, and investment opportunities.
Attendees will benefit from a high-level networking environment, industry panel discussions, brand exhibitions, and business development opportunities with key stakeholders in the Forex and FinTech industries.
Speaking about the event, ProFX Media highlighted its vision to create impactful global platforms that connect financial leaders and foster sustainable industry growth across regions.
Further details and updates regarding speakers, exhibitors, and partnerships will be announced in the coming months.
For more information, visit:
https://profxexpo.com/africa/
74
Article
PROFX MEDIA ANNONCE PROFX EXPO AFRICA 2026 À CAPE TOWN, RASSEMBLANT DES LEADERS MONDIAUX DU FOREX ET DE LA FINTECHPROFX MEDIA ANNONCE PROFX EXPO AFRICA 2026 À CAPE TOWN, RASSEMBLANT DES LEADERS MONDIAUX DU FOREX ET DE LA FINTECH
Le Cap, Afrique du Sud – 20–21 août 2026
ProFX Media est fière d’annoncer la prochaine PROFX Expo Africa 2026, une exposition internationale de l’industrie financière prévue du 20 au 21 août 2026 au Cap, en Afrique du Sud.
L’événement réunira des professionnels de premier plan, des organisations et des décideurs issus de l’ensemble de l’écosystème financier mondial, notamment des courtiers Forex, des entreprises FinTech, des fournisseurs de liquidité, des sociétés de solutions de paiement, des innovateurs blockchain et des investisseurs institutionnels.
PROFX MEDIA ANNONCE PROFX EXPO AFRICA 2026 À CAPE TOWN, RASSEMBLANT DES LEADERS MONDIAUX DU FOREX ET DE LA FINTECH
PROFX MEDIA ANNONCE PROFX EXPO AFRICA 2026 À CAPE TOWN, RASSEMBLANT DES LEADERS MONDIAUX DU FOREX ET DE LA FINTECH
Le Cap, Afrique du Sud – 20–21 août 2026
ProFX Media est fière d’annoncer la prochaine PROFX Expo Africa 2026, une exposition internationale de l’industrie financière prévue du 20 au 21 août 2026 au Cap, en Afrique du Sud.
L’événement réunira des professionnels de premier plan, des organisations et des décideurs issus de l’ensemble de l’écosystème financier mondial, notamment des courtiers Forex, des entreprises FinTech, des fournisseurs de liquidité, des sociétés de solutions de paiement, des innovateurs blockchain et des investisseurs institutionnels.
Le Cap, Afrique du Sud – 20–21 août 2026
ProFX Media est fière d’annoncer la prochaine PROFX Expo Africa 2026, une exposition internationale de l’industrie financière prévue du 20 au 21 août 2026 au Cap, en Afrique du Sud.
L’événement réunira des professionnels de premier plan, des organisations et des décideurs issus de l’ensemble de l’écosystème financier mondial, notamment des courtiers Forex, des entreprises FinTech, des fournisseurs de liquidité, des sociétés de solutions de paiement, des innovateurs blockchain et des investisseurs institutionnels.
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