Coinbase and OKX Launch Sign-Up Bonuses Amid Binance's EU Service Restrictions

Binance announced restrictions on EU services due to unsecured MiCA licensing, prompting Coinbase and OKX to intensify recruitment efforts. Coinbase's CEO Brian Armstrong offered 5% sign-up bonuses for users transferring funds by July 13, emphasizing the company's MiCA license and global liquidity. OKX's founder Star Zhao similarly launched a welcome campaign with up to 8% matching bonuses for EU users. Binance notified customers it will no longer accept new sign-ups, citing withdrawn MiCA applications in Greece and ongoing license pursuits in other EU nations.