Yarmolenko said the relationship was a method to improve EU links. Zhmerenetsky said that the EU-wide blockchain alliance would help Ukrainian migrants. This week, Ukraine joined the European Blockchain Partnership (EBP), a cross-border public service project developed by 27 EU member states after Norway and Liechtenstein. EU’s Digital Economic Sphere
The stablecoin market has reached a pivotal juncture, with total liquidity hitting unprecedented levels, according to the latest CryptoQuant report. This surge in stablecoin value, now totaling $169 billion, represents a 31% increase year-to-date, adding $40 billion to the market. This growth not only signals increased confidence in digital assets
Cryptocurrency exchange Coinbase Global Inc. has announced plans to delist stablecoins that do not comply with the new requirements across the European Economic Area (EEA) by the end of this year. The European Union’s Markets in Crypto-Assets (MiCA) regulation moves toward full implementation by the end of 2024. Coinbase plans
Circle, the issuer of leading stablecoin USDC, has announced its expansion into Australia and the Asia-Pacific region, marking an important step in its global strategy. This move comes through a partnership with venture capitalist Mark Carnegie’s MHC Digital Group. Further, they aim to boost the utility of USDC by tapping
Coinbase, one of the top cryptocurrency exchanges globally, is making significant strides in advancing its offerings in Europe, particularly in light of the European Union’s evolving cryptocurrency regulations. As part of this expansion, Coinbase is introducing conversions between the fiat euro and the euro-pegged stablecoin EURC, set at a fixed
New regulations in Europe regarding digital assets and a jump in market inflows caused Circle’s stablecoin trading volume to skyrocket in July. As of July 25, the market cap of USD Coin (USDC) increased 5.4% to $33.6 billion. While the trading volume for USDC pairings on centralized exchanges hit $135
Ethereum (ETH) concluded last week on a bearish note, despite a notable rebound triggered by the recent approval of spot Ether exchange-traded funds (ETFs). The large-cap altcoin, boasting a fully diluted valuation of approximately $407 billion and a daily average traded volume of around $11.1 billion, has managed to establish
ChromaWay and the European Union will keep working together to create blockchain-based sustainability solutions, the company revealed. The statement came after a presentation at the final review meeting of the EU PCP, which was organized in conjunction with the European Blockchain Services Infrastructure (EBSI) project of the EU. With a
On Tuesday, July 9, Bank of Italy Governor Fabio Panetta said that direction on the application of impending European Union crypto regulations would be published “in the coming days” by the central bank of Italy. A transcript of Panetta’s address to the Italian Banking Association on July 9 states that
In response to the EU’s efforts to regulate chats on social media platforms, Vitalik Buterin, co-founder of Ethereum, has spoken out. Vitalik Buterin expressed his satisfaction at the resounding defeat of the European Union’s Chat Control 2.0 plan. He was appreciative of the work of many people and organizations who
