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
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
FinDaS a prominent tokenomics consulting company, today announced the launch of three new products designed to help crypto startups with their financial planning and tokenomics design. Tokenomics calculator: This automated tool revolutionises the process of designing and evaluating token economies. It requires no prior expertise in tokenomics, guiding users through
On October 5, the EU’s markets regulator, the European Securities and Markets Authority (ESMA), issued a second consultation paper on mandates for the Markets in Crypto-Assets (MiCA). The ESMA has published a lengthy document (307 pages) in which it requests feedback on five aspects of MiCA. The Authority tracks quantitative
