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The recently released policy simulation report "Europe 2031" points out that, constrained by a shortage of computing power and reliance on external models, Europe may face the risk of economic and political marginalization in the global AI competition if it does not make significant strategic adjustments. The report notes that Europe currently accounts for only 5% of global AI computing power, lacking leverage in technological competition, and its advocated "technological sovereignty" may be difficult to achieve due to insufficient funding and lagging policies, even facing the risk of losing autonomous control over core technology companies (such as ASML).To address the aforementioned challenges, the report proposes a series of countermeasures. It suggests that Europe should mobilize public and private capital on a large scale, focusing investments on foundational computing infrastructure such as energy, semiconductors, and data centers; and form a technology alliance with countries like the UK and Japan to integrate supply chain advantages for international negotiation leverage. Additionally, the report calls for Europe to advance labor market reforms to adapt to the proliferation of AI and tighten scrutiny of foreign investment in local manufacturing to consolidate its existing advantages in industrial AI and robotics.

The Block reporter Gareth Jenkinson posted on X platform that reliable sources revealed that European Central Bank President Christine Lagarde directly ordered Greece to reject Binance's MiCA license application. The news states that Binance had previously almost obtained approval from Greek regulators, but was obstructed after the European Central Bank intervened. Jenkinson indicated that if the European Central Bank ultimately controls such decisions, it would not be good news for the crypto industry.In addition, according to Cryptopolitan, Binance is now turning to France as the only remaining avenue to obtain MiCA authorization, but has not yet formally submitted an application.

According to a report by Reuters, the Italian fintech company Conio has obtained a European Union cryptocurrency asset service provider license, allowing it to provide custody, transfer, and distribution services for digital assets under the MiCAR framework. The license was granted after a review by the Italian market regulator Consob and the Bank of Italy.

Against the backdrop of the gradual implementation of the EU's Markets in Crypto-Assets Regulation (MiCA), Binance's compliance path in the European market remains uncertain. Whether it can continue to serve EU users in the future may depend on the approval progress of French regulatory authorities.After Greek regulators rejected the relevant authorization application, the French Financial Markets Authority (AMF) is seen as a potential key regulatory entry point. However, Binance has not yet formally submitted a complete MiCA license application and is still in the communication phase with multiple national regulatory authorities.Under the MiCA "single license" mechanism, once authorized by any member state, it can cover the EU's 27-country market. Therefore, the approval results from a single country have a decisive impact on the platform's regional business. The EU regulatory authorities maintain a highly cautious attitude towards the compliance risks of large trading platforms, anti-money laundering mechanisms, and systemic financial risks. The progress of relevant approvals will directly affect the reshaping of the European crypto trading landscape.

According to Gate market data, the euro against the US dollar EUR/USD has fallen by 1% during the day, currently reported at 1.1492.

According to Gate market data, the US dollar against the Swiss franc USD/CHF reached up to 0.8, with an intraday increase of 0.87%. Meanwhile, the euro against the US dollar EUR/USD fell below 1.15, with an intraday decrease of 0.93%.

According to market news, European Central Bank President Lagarde directly prevented Binance from entering Europe to support the promotion of the digital euro.

Global technology company Electric Soul (EST) has disclosed the latest progress in its global deployment. As of June 2026, the company has deployed tens of thousands of standardized commercial shared charging devices in multiple countries across Europe, America, and Southeast Asia, covering high-traffic scenarios such as business districts, transportation hubs, and dining clusters, while maintaining stable operations.As the scale of devices reaches tens of thousands, Electric Soul is transitioning from regional market expansion to a phase of global-scale operations. The project enhances replication efficiency between different countries and cities through unified hardware standards, cloud-based SaaS operation and maintenance backend, localized payment adaptations, and city agency cooperation models, providing support for the continuous expansion of the global shared charging network.Electric Soul stated that leveraging the large-scale implementation experience in the European, American, and Southeast Asian markets, the next step will be to expand into incremental markets such as the Middle East, South Asia, and Latin America, continuously promoting the vision of "global reach, boundaryless charging," and further exploring new models of global energy infrastructure in RWA and DePIN scenarios.

As the final deadline for the European MiCA regulatory transition period approaches, BitGo, regulated by Germany's BaFin, announced that its Crypto-as-a-Service platform provides a more convenient MiCA compliance pathway for European crypto businesses, eliminating the need to build an independent compliance operation from scratch. Companies only need to connect their existing wallets to the BitGo wallet system and complete KYC work that meets MiCA requirements, allowing customer assets to be stored in compliant segregated custody accounts. Meanwhile, companies can still apply for their own CASP license in parallel.In terms of costs, BitGo CEO Mike Belshe stated that the fees are relatively low, with a minimum monthly fee of around several thousand dollars, and two options for billing: based on transaction volume or a fixed rate. According to legal firm Hogan Lovells, as of May 2026, there will only be 194 authorized CASPs in Europe, and it is expected that about 75% of the pre-registered crypto businesses under MiCA will lose their registration eligibility after the transition period ends.

According to Finance Feeds, European Central Bank President Christine Lagarde warned at the ECB meeting that Europe faces the risk of losing payment sovereignty, with dollar stablecoins and foreign networks dominating future financial infrastructure. Lagarde pointed out that Europe does not have its own pan-European card network, with international card organizations accounting for over 60% of card payments in Europe, and 13 out of 21 eurozone countries no longer having national card schemes. She stated that the digital euro could break this situation, as its status as legal tender must be accepted throughout Europe.Lagarde emphasized that tokenized finance requires central bank money to scale safely, and market participants indicated that without central bank settlement infrastructure, they would not issue digital assets on a large scale. The European Central Bank is advancing two initiatives, Pontes and Appia, and establishing connections between TIPS and India's UPI, as well as the Southeast Asia Nexus system. She warned that if member states create their own legal frameworks independently, it would legally recreate the fragmentation that technology is currently dissolving. This competition has evolved into a geopolitical and sovereignty issue.

AI infrastructure company IREN, which has transitioned from a Bitcoin mining enterprise, announced the acquisition of Spanish AI data center developer Ingenostrum, S.L., also known as Nostrum Group, officially entering the European market.This transaction adds approximately 490 megawatts of secured, grid-connected power resources to IREN and brings a pipeline of AI data center development located in Spain. The Nostrum team consists of over 50 employees, covering development, engineering, construction, and operations. IREN stated that Europe is one of the largest and fastest-growing AI infrastructure markets globally, and Spain, with its abundant renewable energy and strong fiber optic connections, is an important gateway to the European market.This acquisition is also the latest move by IREN to transform from a pure Bitcoin mining company into a global supplier of AI and high-performance computing infrastructure. Previously, IREN had just announced plans to build an 800-megawatt data center park in South Australia and has signed a multi-billion dollar AI cloud agreement with Microsoft, as well as established a partnership with NVIDIA.After the announcement, IREN's stock price rose nearly 4% on Monday, reporting around $62.

According to Jinshi reports, European Central Bank Governing Council member Kazimir stated that the spread of inflation in the economy will force the European Central Bank to raise interest rates further. He believes that without intervention, price pressures will not ease.Kazimir noted that although the economy has cooled somewhat, its resilience still exists, providing officials with room to act. He stated that the inflation data for June may be decisive, but the situation for July is still inconclusive, and new forecasts will be available in September.

According to Jinshi News, European Central Bank Governing Council member Kazimir stated that the interest rate hike task is not yet complete.

According to market news, the French company Mistral AI is in talks for financing, with a valuation of approximately 20 billion euros.

According to Jinshi reports, European stock indices have increased, with the German DAX30 index, French CAC40 index, and Euro Stoxx 50 index all rising over 2%.

According to Jinshi reports, European stock indices opened higher, with the German DAX30 index rising by 1.4%, the French CAC40 index rising by 1.3%, the Euro Stoxx 50 index rising by 1.38%, and the UK FTSE 100 index rising by 0.6%.

According to Jinshi reports, the Euro Stoxx 50 index futures rose by 1.8%, the German DAX index futures rose by 1.7%, and the UK FTSE index futures rose by 0.9%.

According to Jinshi reports, the International Monetary Fund stated that the European Central Bank may need to continue raising interest rates to address the current economic situation and inflationary pressures.

According to Jinshi News, European Central Bank President Lagarde stated that if interest rates are not raised, inflation will remain above the target in the medium term.

According to Gate market data, the European Central Bank raised interest rates by 25 basis points as scheduled, and the EUR/USD exchange rate rose slightly, reported at 1.1537.