Mica News
Latest Mica News
Tether, the company behind the USDT stablecoin, made an investment in the European firm StablR. The investment comes as the European Union prepares to implement the Markets in Crypto-Assets regulatory framework on December 30, 2024. MiCA sets clear compliance standards for…
Crypto exchange Bitget is considering Lithuania as its European regional hub, reflecting its strategic expansion within the European Union. Bitget, which already holds a virtual asset service provider license in Lithuania, plans to establish an office and hire compliance and…
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Bitget Token
Coinbase announces the end of its USDC yield offerings on Dec. 1 for customers in the European Economic Area as a result of the region’s MiCA stablecoin laws. In a Nov. 28 email circulating on X, the crypto exchange stated…
Tether is discontinuing its support for the Euro-pegged stablecoin EURT, and will no longer accept new issuance requests. The Tether (USDT) issuer notified its community and the broader industry that the company has ended EURT support via a blog post…
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Tether
EURT
Euro Tether
Stablecoin startup Schuman Financial, backed by Nexo and Lightspeed Faction, unveiled EURØP, a MiCA-compliant euro stablecoin. A quiet shift in Europe‘s financial landscape is emerging as blockchain technology and regulatory clarity converge to reshape how euros move on-chain. Schuman Financial,…
Paxos is looking to expand its presence in the European Union through a new deal for Finland-licensed e-money platform Membrane Finance. Paxos, which issues stablecoins such as Pax Dollar, PayPal USD (PYUSD), and Pax Gold (PAXG), disclosed the potential deal…
Gemini has officially launched operations in France, marking its next phase of European expansion. After registering as a Virtual Asset Service Provider earlier this year, the company is tapping into France’s growing crypto ecosystem and regulatory support. The move allows…
Dutch fintech firm Quantoz to roll out MiCAR-compliant stablecoins pegged to the euro and U.S. dollar in a bid to facilitate payments and transfers across markets. Quantoz Payments, a Netherlands-headquartered payment tech firm, plans to debut two MiCAR-compliant stablecoins —…
Crypto exchange Bitrue has received approval as a Virtual Asset Service Provider in Lithuania, enabling it to offer crypto exchange and custody services. Singapore-based crypto exchange’s Lithuanian branch has been granted approval as a Virtual Asset Service Provider, allowing the…
Launching a token: From understanding how tokens are classified to ensuring proper KYC/AML compliance.
MiCA will finally give crypto firms in Europe clear rules of the road to follow — but it could potentially threaten the dominance of the world’s biggest stablecoin issuer. December 30 is shaping up to be a big day in…
The third quarter of 2024 saw a surge in stablecoin use and adoption, according to Coinbase’s 4th Quarter Guide to Crypto Markets report with Glassnode. Stablecoins hit an all-time high market capitalization of nearly $170 billion in Q3 2024, according…
Crypto exchange Coinbase is set to delist unauthorized stablecoins from its European branch by year-end, in response to incoming MiCA regulations. U.S.-based cryptocurrency exchange Coinbase will remove all non-compliant stablecoins from its European exchange by the end of this year,…
Monero is showing early signs of recovery, posting a 5% gain in the past 24 hours and emerging as one of the market’s top performers. At the time of writing, Monero (XMR) was trading at $146.63, with a market cap…
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Monero
Kraken has acquired Coin Meester B.V. (BCM), one of the Netherlands’ longest-standing crypto broker firms, as part of its European growth strategy. This move significantly strengthened Kraken’s position in the Dutch market and gave it registered Virtual Asset Service Provider…
The MiCA Crypto Alliance launched today with key blockchain players Ripple, Hedera, and Aptos Foundation joining as founding members. Backed by the DLT Science Foundation, this alliance aims to help crypto firms navigate new regulations in the European Union more…