Explained
Tether rejects the EU’s MiCA rules, arguing that they threaten financial stability and privacy and detract from serving users in high-need regions like Turkey and Nigeria.
European Union News
EU cryptocurrency regulations have yet to be unified, but individual institutions like the European Central Bank and the central banks of separate governments have made different statements about the legal status of cryptocurrencies. The European Central Bank’s official position on cryptocurrency is a recommendation not to use them until the establishment of specific cryptocurrency laws for the EU. Cryptocurrencies are a subject of the EU’s anti-money laundering laws, so the EU cryptocurrency exchanges are obliged to identify users and track suspicious transactions. Certain countries in the European Union have their own cryptocurrency regulations. For example, Germany defines a cryptocurrency as a private currency/non-governmental currency. Also, the EU does not provide strict regulations on ICOs and different states have their own ways of handling them.
- News
Bitcoin Suisse received in-principle approval from the Abu Dhabi Global Market, marking its first expansion outside the European Union.
5046 - News
Crypto.com has secured a MiFID license to offer regulated crypto derivatives in the European Economic Area, expanding its presence in Europe following earlier MiCA approval.
2654 - News
Kraken has launched MiFID II-regulated crypto derivatives trading for retail and institutional users in Europe following its acquisition of a licensed Cypriot investment firm.
4060 - News
Revolut plans to invest over $1 billion in France, establish an EU headquarters in Paris and apply for a local banking license as it targets rapid expansion in its largest market.
2825 - News
Durov did not name the EU country that asked him to censor "conservative voices" on the platform but hinted at it with a baguette emoji.
3479 - News
UK crypto firms will need to report customer transactions on their platforms from 2026 onward as part of an initiative to strengthen crypto tax reporting practices.
17837 - News
With Tether stepping back and BitGo stepping up, MiCA’s rollout is already redrawing crypto’s playing field in Europe. Here’s what’s happening, and what comes next.
5814 - News
Kima has integrated with Mastercard’s sandbox program to enable stablecoin top-ups for prepaid cards from self-custody wallets.
5439 - News
Backpack allows former FTX EU users to reclaim euro balances after KYC verification, following its acquisition of the bankrupt crypto platform's EU arm.
2233 - News
BitGo’s MiCA license allows it to offer services to crypto-native firms and traditional finance institutions, including banks and asset managers within the EU.
3191 - News
KuCoin CEO BC Wong told Cointelegraph that some regulators might be using regulation to drive away global players and pave the way for domestic trading platforms.
3209 - News
Europe will ban anonymous crypto accounts and privacy coins starting in 2027 under sweeping new AML regulations targeting service providers and token anonymity.
30509 - News
According to Fireblocks policy chief Dea Markova, more countries are pushing for alternatives to US dollar stablecoins: “It’s all about sovereignty.”
11270 - News
An estimated 65% of European citizens are seeking a single application to manage their banking, savings and cryptocurrency investment, according to Bunq’s research.
14660