From Cointelegraph · By Yohan Yun
Today in crypto, four Greek providers have entered the European Union’s crypto regulatory register. The fallout from Bitget’s nearly $388 million hack continued as NEAR Intents said it blocked more than $50 million in attempted transfers linked to the attackers and the SEC issued new guidance clarifying when certain crypto assets and activities may fall outside federal securities laws.
Greece gets first MiCA entrants as watchdog denies Binance-Lagarde claim
Greece has entered the EU’s crypto regulatory register for the first time, with four providers added.
Four Greek providers — BCash, Xenios Blockchain Group, Capital Wallet Greece and Piraeus Bank — appeared on the European Securities and Markets Authority’s (ESMA) Markets in Crypto-Assets (MiCA) register updated Thursday.
Six other crypto-asset service providers from Germany, France and Slovenia were added, bringing the register to 359 unique providers.
The distinction of becoming Greece’s first MiCA-authorized provider could instead have gone to Binance, the world’s largest crypto exchange by trading volume. A Greek authorization would have allowed Binance to offer services throughout the EU under MiCA’s passporting system, but the exchange withdrew its application on June 24 before the Hellenic Capital Market Commission (HCMC) issued a formal decision.
Nearly three months later, the Wall Street Journal reported that European Central Bank (ECB) President Christine Lagarde had intervened to block the application. The Journal said HCMC denied that its officials made the comments attributed to them but did not elaborate. The regulator has now expanded on that denial in comments to Cointelegraph.
NEAR Intents says it blocked $50M tied to Bitget hackers
NEAR Intents said it blocked more than $50 million in attempted transfers linked to the Bitget hack.
Attackers stole $387.5 million from Bitget on Thursday. A significant portion of these funds moved across chains to Ethereum, according to Alex Shevchenko, general manager of NEAR Intents, a protocol that lets users swap crypto assets across blockchains.
Shevchenko said its SHIELD system detected and blocked more than $50 million in attempted transfers, which subsequently went to other providers. It managed to freeze $503,000 in funds during execution, while around $166,000 in suspected stolen funds passed through.
The post came as THORChain faced calls to block addresses linked to the attack, underscoring a tension that permissionless crypto protocols face — offering open access while seeking to curb illicit activity.
Shevchenko argued that permissionless systems do not necessarily have to be neutral. “The people who build these systems make choices about what those protocols enable. Refusing to help launder stolen assets is one of ours,” Shevchenko said.