Latest News and Articles about MiCA
EU’s MiCA Regulations to Surge Euro Stablecoin Demand, Says JPMorgan
EU’s MiCA Regulations Set to Boost Euro Stablecoins: JPMorgan’s Forecast JPMorgan predicts a significant rise in the demand for euro-denominated stablecoins due to the EU’s new MiCA regulations, which took effect on December 30, 2024. Despite initial concerns in the crypto community, these regulations are poised to encourage European financial institutions to adopt euro stablecoins, […]
Read MoreStandard Chartered Launches EU Crypto Custody via Luxembourg Amid MiCA
Standard Chartered Launches Crypto Custody Services in EU via Luxembourg Entity Amid MiCA Regulation Standard Chartered, a leading traditional bank, has set its sights on the European Union’s burgeoning crypto market by establishing a new entity in Luxembourg. This move, announced on January 9, leverages the EU’s new Markets in Crypto Assets (MiCA) regulation, positioning […]
Read MorePortugal’s BiG Bank Blocks Crypto Transfers Amid EU’s Tightening Regulations
Portugal’s Bank Slams the Door on Crypto Transfers Amid EU’s Tightening Grip Portugal’s largest bank, Banco de Investimentos Globais (BiG), has unexpectedly blocked fiat transfers to cryptocurrency platforms, aligning with the European Union’s new anti-money laundering and counter-terrorism financing regulations. This move marks a departure from Portugal’s previously crypto-friendly stance, with the introduction of a […]
Read MoreGaranti BBVA Kripto Launches Crypto Trading in Europe with Bit2Me
Garanti BBVA Kripto: Turkey’s Leading Bank to Launch Crypto Trading Services in Europe Is Europe ready for a banking revolution? Garanti BBVA Kripto thinks so, and they’re bringing crypto trading to the continent through a strategic partnership with Bit2Me. This move by Turkey’s fifth largest bank, backed by BBVA, could signal a broader trend of […]
Read MoreTether Bolsters Bitcoin Reserves by $700M Amid EU Regulatory Storm
Tether Boosts Bitcoin Reserves with $700 Million Transfer Amid Regulatory Challenges In a bold move amidst regulatory storms, Tether has transferred a staggering $700 million in Bitcoin to its reserves. This strategic maneuver highlights Tether’s commitment to steering the Bitcoin wave with a $700 million paddle. Tether transferred 7,629 BTC to its reserve Largest transaction […]
Read MoreMoonPay Secures MiCA License from Dutch AFM, Eyes EU Expansion
MoonPay Blasts Off into the EU Market with Groundbreaking MiCA Approval MoonPay, a leading crypto payments platform, has secured a MiCA license from the Dutch Authority for the Financial Markets (AFM), marking a significant milestone in its expansion across Europe. The EU’s new crypto regulation, known as the Markets in Crypto-Assets (MiCA), aims to provide […]
Read MoreBanks Challenge Tether’s Dominance with New Stablecoins, Eyeing $10B Profit
Traditional Banks Dive into Stablecoins, Challenging Tether’s Dominance With Tether stepping back from its EURt stablecoin, traditional banks are making a bold move into the lucrative stablecoin market, aiming to disrupt Tether’s dominance and capitalize on the $10 billion in profits the industry has seen. Tether discontinues EURt due to MiCA regulations Banks like SG-Forge […]
Read MoreNiceHash Relocates to Switzerland for Compliance Amidst Tightening EU Crypto Regulations
NiceHash Relocates to Switzerland: A Strategic Move Towards Compliance What does NiceHash’s move to Switzerland mean for the future of compliant crypto mining? In a bold strategic decision, NiceHash, a leading cryptocurrency mining platform, is relocating its operations from the British Virgin Islands to Zug, Switzerland. This move underscores its commitment to regulatory compliance amidst […]
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