Kaupr Today - Tuesday June 30 2026 - MiCA

Two things converge today. MiCA's transition period ends tomorrow at midnight, and the final 48 hours have produced both chaos and validation — Binance shutting down across Sweden and beyond, while Danish fintech Januar, Standard Chartered and FalconX all rush through the door at the eleventh hour.

And in under three hours, Kaupr goes live with nine industry leaders for State of ETFs in the Nordics — free to watch, no registration required.

— Morten

📅 Kaupr Event — State of ETFs in the Nordics: Digital Assets & Regulated Products | June 30, 11:00–13:00 CET

More than 320 have already registered for today's virtual event, where nine senior voices from the ETF and crypto industry take stock of the Nordic digital-asset ETP and ETF market.

Speakers: Alex Pollak (21Shares) · Christopher Kock (Virtune) · Håkon Holm Østvedt (Nasdaq) · Jacob Lindberg (Valour) · James Butterfill (CoinShares) · Joachim Wegebrand (Nordnet) · Marco Poblete (Bitwise) · Markus Thomas (Xenix) · Martin Leinweber (MarketVector Indexes)

Host and moderator: Morten Myrstad

Powered by Coinmotion, K33, The Mint and TÝR Markets

Coinmotion, K33, The Mint and TÝR Markets have joined as partners in Kaupr's State of ETFs and Digital Assets in the Nordics event. All four are MiCA-regulated — three crypto exchanges and brokers, and one token issuer — representing the breadth of the regulated digital asset market in the Nordics.

Learn more: Coinmotion · K33 · The Mint · TÝR Markets

"The last 48 hours: who's in, who's out, who's fighting for the scraps"

Januar secures MiCA licence and raises €1 million

Copenhagen-based Januar has received a CASP licence under MiCA from Finanstilsynet and raised €1 million led by Borderless Capital, with Likeminded and existing investor CMT Digital also participating. The company already held a PSD2 licence for fiat payments since 2021 — the new MiCA authorisation lets it offer crypto-asset and stablecoin services under the same pan-European framework.

Why it matters: Januar can now serve fiat payments and stablecoin infrastructure from a single regulated platform across the entire EEA — a concrete example of MiCA turning compliance into a competitive moat rather than a cost.

Binance tells Swedish customers to act before July 1 as services shut down

Binance has told its Swedish customers it will shut down services for them from July 1, after failing to secure a MiCA licence in Sweden. The exchange has urged users to sell or move their crypto holdings before the deadline, warning that failing to act in time could mean losing access to their investments.

Why it matters: This is a direct, country-specific warning to Swedish users — not just a general EU-wide statement. Anyone holding assets on Binance Sweden has a hard deadline this week to act.

MiCA's July 1 deadline could leave 10 million crypto users searching for a new platform

Up to 80% of Europe's roughly 3,000 pre-MiCA crypto firms may not survive the deadline, OKX Europe CEO Erald Ghoos told CoinDesk, potentially displacing more than 10 million users. SwissBorg's Alex Fazel warned against chasing the deposit bonuses now on offer to lure displaced users: "Money does not earn trust. A local track record does." (Source: CEO interview)

Why it matters: This is the clearest scale estimate yet of MiCA's market impact — not a handful of exchanges, but potentially 80% of the region's pre-MiCA operators and over 10 million users forced to find a new home within days.

Bybit notifies EEA users of progressive service limits — but the exchange is not leaving Europe

Bybit has told users across the EEA that access to certain services on Bybit Global will be "progressively limited," with custodied assets remaining accessible throughout. Crucially, Bybit clarifies it operates Bybit EU, a separate MiCAR-authorised entity that constitutes the group's regulated European platform.

Why it matters: This is not an exit from Europe, despite how it has been characterised elsewhere — it is a managed transition from the unregulated Bybit Global platform to the licensed Bybit EU entity. The distinction matters for any EEA user trying to understand what is actually happening to their account.

Coinbase, Kraken and OKX are fighting over Binance's soon-to-be-homeless EU users

MiCA-licensed exchanges are dangling transfer bonuses and prize draws to capture users displaced from Binance and Bybit Global. OKX offers an 8% bonus on transfers, capped at €20,000; Coinbase offers 5% before July 13; Kraken has launched a €1 million prize draw for deposits through July 31.

Why it matters: ESMA has warned that MiCA protections apply only to the specific licensed legal entity providing the service, not automatically to every company operating under the same brand. Licensed exchanges are turning their regulatory advantage into an aggressive acquisition campaign.

Two days before MiCA transition ends, FalconX secures EU crypto licence

FalconX has received MiCA authorisation from the Malta Financial Services Authority, allowing the institutional digital asset prime broker to offer trading, custody and liquidity services across the EEA. The licence follows FalconX's recently announced acquisition of 21Shares, which it says will further support its institutional operations in Europe.

Why it matters: Combining a fresh MiCA licence with the 21Shares acquisition gives FalconX a regulated foothold spanning prime brokerage and ETP issuance — a sign that the institutional players entering at the deadline are arriving with scale and a clear strategy, not scrambling at the last minute.

Standard Chartered secures MiCA and EMI licences from Luxembourg regulator

Standard Chartered has obtained MiCA authorisation and e-money institution (EMI) status from Luxembourg's CSSF, giving the British banking group a regulated entry point for digital asset custody services across the EU. "Securing our MiCA and EMI licences marks a key milestone in our digital asset journey in Europe," said Margaret Harwood-Jones, global head of Financing & Securities Services. (Source: press release)

Why it matters: A major global bank securing both licences just two days before the deadline shows institutional custody demand for digital assets is accelerating — and that Luxembourg continues to be the preferred regulatory base for global banks entering the European crypto market.

Kaupr's MiCA coverage from the final stretch

A quick recap of what Kaupr has reported over the past few weeks, as MiCA's transition period heads into its final days.

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Thank you for reading Kaupr Today. If you find this briefing useful, please share it with a colleague or friend who should be following Nordic and European digital‑finance news more closely.

Kaupr Today now has its own home — read, listen, watch and explore at today.kaupr.io.

Wishing you a great Tuesday — and welcome back tomorrow morning for the next edition of Kaupr Today, on the day MiCA's transition period officially ends.

Best regards Morten Myrstad Founder & Editor

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