Leading crypto exchange Binance announced earlier today that it is going to delist several stablecoins. The major reason behind this update is the MiCA crypto regulation policy. Being the top crypto exchange by trading volume, this act will have a significant impact on the adoption of these stablecoins. As per
OKX has secured a MiCA license, enabling it to expand its crypto services across 28 European Economic Area (EEA) nations. This approval positions OKX among the first global exchanges to operate under the Markets in Crypto-Assets (MiCA) framework, providing a unified regulatory approach in Europe. With its regulatory hub in
Crypto exchange Crypto.com has secured approval to provide its services across all the member countries of the European Economic Area (EEA). The approval, which is under the Markets in Crypto Assets Regulation (MiCA), will let the platform widen its services. The milestone solidifies its place in the European digital asset
The prominent Crypto exchange Crypto.com recently announced the launch of Cronos exchange-traded fund (ETF) in 2025. The development arises amid growing institutionalization interest in the crypto sector. Moreover, according to their released roadmap, the ETF filing will take place in 2025, the fourth quarter. The other details about the proposed
Kraken to Delist USDT and Stablecoins in Europe Kraken will remove Tether’s USDT and four other stablecoins from its European market to comply with the upcoming Markets in Crypto-Assets (MiCA) regulations. The delisting will happen in stages, with complete removal set for March 31, 2025. Along with USDT, the affected
Intesa Sanpaolo, the largest banking group in Italy, has taken a step toward investing in cryptocurrency. The bank’s proprietary trading division has acquired 11 Bitcoins. It marked the first instance of a credit institution in Italy purchasing and trading cryptocurrencies. The digital assets trading and investment team of Intesa Sanpaolo
Dutch fintech company Quantoz Payments has launched two MiCA-compliant stablecoins, USDQ and EURQ, with backing from Tether, Kraken, and Fabric Ventures. The tokens pegged to the U.S. dollar and euro, aim to provide a regulated and secure option for digital payments across Europe. These stablecoins will debut on November 18
Robinhood Markets Inc. and Revolut Ltd., two prominent fintech firms, are reportedly exploring the possibility of launching their own stablecoins, as per a Bloomberg report. If they entered the stablecoin market, the companies would follow the path of other financial giants like PayPal, which introduced its PYUSD stablecoin last year.
Kraken Exchange has officially announced the completion of its acquisition of Coin Meester B.V. (BCM), a Dutch digital asset broker. This strategic move underscores Kraken’s commitment to regulatory compliance and its adaptability to the evolving cryptocurrency landscape despite its legal fight with the SEC by requesting a jury trial. The
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
