Revolut will stop supporting USDT in eligible European user accounts based on MiCA regulations of the European Union. Users may purchase USDT up until July 6 but have to dispose of it by August 31. […]
The European Union’s crypto rulebook has moved from theory into day-to-day market pressure. ESMA has reminded crypto-asset service providers that the MiCA transition period is ending, putting firms under the full licensing regime after months […]
European authorities are also debating how to treat multi-issuance stablecoins, such as Circle Internet’s (CRCL) USDC, which can be minted by multiple distinct legal entities across different jurisdictions, yet presented to users as a single, […]
The headline number is useful, but the real story is what it says about positioning. MiCA Rollout Shows Limited Impact On Dominance, Kaiko Analysis Reports gives NewsBTC readers a clean angle on Stablecoins at a […]
Nevertheless, MiCA has achieved many of its original goals, according to Hansen. There are around 20 euro-denominated stablecoins that have been authorized by the regime, with adoption buoyed by their formal regulation. It’s not perfect, […]
TLDR Crédit Agricole launched the EURXT euro stablecoin on Ethereum. EURXT is pegged 1:1 to the euro and issued by CACEIS. EURXT launched with 20.02M tokens backed by euro reserves. EURXT was used for a […]
“A MiCA license is not something you can buy because you have money and power,” he said. “It is making sure every process is fully transparent.” Still, Fazel acknowledged the new rules will be hardest […]
TLDR Binance failed to secure a MiCA license before the July 1 EU deadline. Binance withdrew its MiCA license application in Greece last week. Some EU users can still access withdrawals and transfers where applicable. […]
Key Takeaways Binance said MiCA-related regulatory changes are now effective across the European Union, prompting operational adjustments for affected users. The exchange stated customer assets remain held on a one-to-one basis, with transfers and withdrawals […]
Binance reassures EU users that customers’ assets are safe even after the exchange suspended all regulated services due to MiCA. The exchange still enables customers to make withdrawals as it awaits the authorization from another […]
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