Binance is facing one of its largest retail-investor lawsuits yet. Nearly 1,700 British investors have filed a group claim against the exchange and founder Changpeng "CZ" Zhao in London's High Court, seeking at least £150 million (about $200 million) in damages.

On July 1, 2026, the transition period for the EU's Markets in Crypto-Assets regulation (MiCA) ends, and any exchange serving EU users without a CASP license will be operating outside EU law. The striking part isn't the rule itself, it's how few firms have actually cleared the bar, and how concentrated the licensed survivors are.

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