Your Daily Digest of Global Stories
This December 30 is an important date for the regulation of bitcoin (BTC): the second phase of the Regulation for the Cryptoasset Market (MiCA), the legislation aimed at market supervision in the European Union (EU), comes into force. In this second phase, the regulations are aimed at supervising the operation of bitcoin exchanges, identified as…
The law in question is Regulation (EU) 2023/1113, also called Travel Rule. This law aims to combat money laundering in Europe. Edward Farina, a crypto asset trader, denounced how Crypto.com applied the travel rule (travel rule) to your XRP deposit on the exchange before the law came into effect in the European Union. The travel…
As the European Union prepares to implement the Regulation of Cryptoasset Markets (MiCA), many cryptocurrency exchanges are forced to remove USDT from their lists. This regulatory move has left EU investors concerned about liquidity and accessibility. However, the global cryptocurrency market remains dynamic and BexBack Exchange emerges as the reference platform, offering unparalleled flexibility and…
Tether stablecoins EURT and USDT lose ground in the European Union. EURC, EURCV and EURI are the ones that now occupy the majority of the market. Six months have passed since the first phase of the Crypto Asset Market Regulation (MiCA) came into force in the European Union (EU). They are regulations focused on stablecoins…
“It is time to stop the totalitarian temptations of the ECB,” commented the deputy in a speech. Compare the favorable regulation coming to the US with that coming into force in Europe. With a series of criticisms of the way in which the regulation of bitcoin (BTC) and other cryptocurrencies has been proposed in the…
After sharing similar lines of action, the future of the financial system of the United States and Europe seems to be taking divergent paths starting in 2024. Well, while the North American country sets its eye on the development of the cryptocurrency industry, the The European Union is advancing in the development of a central…
In order to cover the European Union market, Tether has made an investment in Quantoz Payments, a firm that is launching two new stablecoins in the region: EURQ backed in euros, and USDQ backed in dollars. These are two stable currencies that already comply with the regulations of the Regulation for the Cryptoactive Market (MiCA)…
A substantial drop in euro stablecoin trading volume characterizes the European Union (EU) market in the last three months. Exactly the period since the entry into force of the rules for stable currencies of the Regulation for the Cryptoasset Market (MiCA). As reflected the statistics From analysis firm Kaiko, the most pronounced effects have occurred…
Tether CEO, Paolo Ardoino, reported that the company will soon launch a new asset that will adapt to European Union (EU) regulation and that could replace USDT in the region. The announcement is made in a context in which the departure of the popular stablecoin from the EU is expected. This, as a consequence of…
Given the worsening global geopolitical economic situation, amidst armed conflicts and financial imbalances, European authorities are warning of a series of risks to financial stability. Warnings are made in the Joint Committee’s latest report for autumn 2024 of the three European Supervisory Authorities: the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA)…
