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Cryptocurrency Financial News

Category: Europe

Posted on 17th December 2024

Tether USDT trading continues across Europe despite Coinbase delisting

Binance, Crypto.com, Kraken and other crypto exchanges continue to list Tether’s USDT on their EU platforms weeks before the final MiCA deadline on Dec. 30.

Posted on 17th December 2024

Tether backs European stablecoin firm StablR amid USDT uncertainty

Tether, the issuer of the world’s largest stablecoin by market cap, will provide its tokenization tech to Malta-based stablecoin firm StablR.

Posted on 17th December 2024

‘No to CBDC, yes to Bitcoin’ — European MP calls for EU BTC reserve

The European Parliament’s Sarah Knafo said it’s time to stop “totalitarian temptations” by the European Central Bank and adopt Bitcoin.

Posted on 12th December 2024

Coinbase prepares to delist Tether’s USDT stablecoin in Europe

Coinbase said it will assess reenabling services for stablecoins that achieve MiCA compliance at a later date.

Posted on 3rd December 2024

German fintech 21X gets EU license for tokenization platform

To build its blockchain-based trading platform, 21X has been working with several partners, including Polygon and SBI Digital Markets.

Posted on 29th November 2024

Europe’s Coinbase users frustrated as MiCA forces sunset of USDC yield

Some Coinbase users are airing frustration at the region’s MiCA laws, which is forcing the exchange to stop offering yield on USDC in the European Economic Area.

Posted on 27th November 2024

Tether discontinues support for euro-pegged stablecoin EUR₮

Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin.

Posted on 27th November 2024

Ripple to invest in rebranded Bitwise XRP ETP

Bitwise said that it’s planning to rebrand its entire European ETP portfolio as it expands its operations in Europe. 

Posted on 26th November 2024

Former Binance execs launch MiCA-compliant euro stablecoin

Expected to launch in the coming weeks, Schuman’s new euro-backed stablecoin labels 107 countries as “high-risk.”

Posted on 26th November 2024

OKX launches crypto trading platform and wallet in Belgium

OKX’s services in Belgium are offered through an EU-regulated entity as the exchange doesn’t have dedicated regulatory approval in the country.

Posted on 13th November 2024

MoonPay boosts self-custodial crypto spending with new solution

MoonPay Balance will support deposits and withdrawals in euros and British pounds, with future plans to expand to the US.

Posted on 13th November 2024

Revolut expands crypto exchange to 30 new markets in Europe

Revolut X’s expansion in the European Economic Area comes after Revolut debuted the crypto exchange in the United Kingdom in May.

Posted on 1st November 2024

Tether CEO’s MiCA concerns, Buterin to ‘Purge’ Ethereum inefficiencies: Finance Redefined

Concerns about Europe’s upcoming MiCA regulations and Vitalik Buterin’s plans to make Ethereum more efficient were the main focus of crypto investors this week.

Posted on 1st November 2024

Crypto surges in Eastern Europe: DeFi drives 33% of transactions

Eastern Europe has become the fourth-largest cryptocurrency market in the world, accounting for over 11% of the total crypto value received worldwide.

Posted on 25th October 2024

Bitstamp secures trading facility license in Europe

Bitstamp is now authorized to offer crypto derivatives products, such as perpetual swaps, to institutional clients. 

Posted on 25th October 2024

Netherlands seeks input on crypto tax monitoring laws to align with EU

The Dutch government wants to align its data collection rules for crypto service providers with the rest of the EU, saying it would “create more transparency.”

Posted on 23rd October 2024

UK crypto rules unclear for firms avoiding Europe’s MiCA regulation

While some industry execs believe that MiCA could trigger a shift from the EU to the UK, others question the UK’s unclear crypto regulations.

Posted on 23rd October 2024

Crypto academics slam controversial ECB paper blasting Bitcoin

The rebuttal critiques several arguments made by the ECB paper’s authors earlier this month that argued Bitcoin’s price should be regulated or outright banned. 

Posted on 17th October 2024

US lagging behind in global stablecoin adoption — Chainalysis

Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions.

Posted on 17th October 2024

Ireland drafting urgent crypto laws before EU money laundering rules

Ireland’s finance minister wants to act quickly before the EU enacts strict Anti-Money Laundering legislation.

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