# Bitget

Type: Company

Source: GetYourBrief — https://getyourbrief.com/entity/bitget
Canonical HTML page: https://getyourbrief.com/entity/bitget

## Timeline

- **2026-07-01**: MiCA Transition Deadline — EU’s MiCA framework enforcement begins; Binance is set to restrict onboarding and certain services for EU users, while still pursuing a license.
- **2026-06-28**: Data Published — Cointelegraph and other outlets report the flow data, noting OKX’s $285.5M inflows and Bitget’s $710M, while Binance confirms service restrictions to start July 1.
- **2026-06-22**: Outflow Week Begins — Binance records over $400 million in weekly net outflows, fueled partly by the approaching MiCA deadline but within normal volatility.
- **2025-01**: OKX Receives MiCA License — OKX obtains MiCA authorization from Malta, becoming one of the first major exchanges to secure full EU regulatory compliance.

## Recent coverage (3 stories, network-wide)

### Binance’s $400M Outflows Raise Compliance Red Flags as MiCA Deadline Hits
2026-06-29 01:11:00 · Sector: legal · Sentiment: Neutral · Impact: 7/10 · Sources: 2

As the EU’s MiCA regulation takes effect, Binance’s $400M outflows and withdrawn Greece license application spotlight the legal risks for exchanges operating without full authorization. The data reveals no mass exodus, but the looming service restrictions could lead to regulatory enforcement and market fragmentation.
Full story: https://getlegalbrief.com/story/binance-400m-outflows-mica-legal-compliance

### Binance Bleeds $400M Pre-MiCA; OKX and Bitget Capture Inflows
2026-06-29 01:10:52 · Sector: finance · Sentiment: Neutral · Impact: 7/10 · Sources: 2

Binance’s $400M weekly net outflows highlight a pre-regulatory reshuffling of crypto capital, with compliant exchange OKX and no-license Bitget and Bitfinex capturing inflows. The flows represent just 0.3% of Binance’s assets, indicating no panic but a potential shift in market share as MiCA enforcement begins.
Full story: https://getfinancebrief.com/story/binance-400m-outflows-mica-finance-exchange-flows

### Binance’s $400M Outflows: Is MiCA Triggering a User Migration?
2026-06-29 01:10:40 · Sector: crypto · Sentiment: Neutral · Impact: 7/10 · Sources: 2

Binance’s $400M net outflows before the EU’s MiCA enforcement raise concerns about a potential user exodus, but the data shows no clear panic. BNB’s price holds steady, while exchanges like Bitget and OKX capitalize on the uncertainty, signaling a fragmented but resilient crypto market.
Full story: https://getcryptobrief.com/story/binance-400m-outflows-mica-crypto-user-migration

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