tl;dr
Binance, the world's largest crypto exchange by trading volume, has disabled copy trading services for its European users ahead of the implementation of the Market in Crypto Assets (MiCA) regulation at the end of June. European users received a notification on their mobile app, instructing them to c...
Binance, the world's largest crypto exchange, has disabled copy trading services for its European users ahead of the Market in Crypto Assets (MiCA) regulation implementation at the end of June. European users must close their copy trading positions and transfer their funds back to their spot wallets by June 27, 2024.
MiCA, introduced in 2023, is the EU’s first explicit regulation for crypto assets, aiming to provide legal clarity, protect investors, and prevent fraud. This regulation marks a substantial change in the EU crypto environment and sets new standards for crypto assets in the region.
Additionally, Binance has announced restrictions on unapproved stablecoins in the EU, along with changes to rewards and referral systems. The new rules, effective June 30, involve trading, deposit, and withdrawal restrictions on stablecoins that do not comply with MiCA guidelines.
Industry experts view MiCA as a significant milestone in establishing cohesive regulations for crypto assets across the EU, with potential international influence. This move by Binance aligns with the upcoming regulatory changes and reflects the broader impact of MiCA on the cryptocurrency landscape.
More about ZEEKR Intelligent Technology Holding Limited
ZEEKR Intelligent Technology Holding Limited
ZEEKR Intelligent Technology Holding Limited, an investment holding company, engages in the research and development, production, commercialization, and sale of electric vehicles and batteries.
Industry: Technology
Sector: General
Support Levels: None
Resistance Levels: None
Bullish Trend: 0
Bearish Trend: 0
RSI: 0
Moving Averages: None
Breakouts: 0
Head and Shoulders Pattern: 0
Bollinger Bands: 0
More about Rush Street Interactive Inc
Rush Street Interactive Inc Summary
Rush Street Interactive, Inc. is an online casino and sports betting company in the United States and Latin America. The company is headquartered in Chicago, Illinois.
Industry: TRADE & SERVICES
Sector: SERVICES-MISCELLANEOUS
Sub-Sector: AMUSEMENT & RECREATION
Market Cap: 2095337000
Dividend Yield: None
EPS: None
P/E Ratio: -0.17
Price/Earnings to Growth Ratio: 10.48
Price/Book Ratio: -0.0158
Volume: 746228000
Stock Price: 10.03
Dividend: 0
Yield: 0.888