The license allows Gate to execute payment transactions in the EU, including direct debits and credit transfers under PSD2 rules.
Europe News
Europe is a continent comprising the westernmost part of Eurasia. According to the United Nations, there are 44 countries in Europe, of which 27 are members of the European Union. The EU has the world’s third-largest economy by gross domestic product, or GDP, and purchasing power parity.
Europe is also a burgeoning hub for cryptocurrency innovation. Several European nations have embraced cryptocurrency, fostering a crypto-friendly environment within the region. Regulatory frameworks, such as the Markets in Crypto-assets Regulation (MiCA), have been proposed by the European Union to standardize crypto regulations across member states. These regulations aim to provide clarity and security to investors and businesses operating in the crypto space.
Liechtenstein, a small European country, introduced a new blockchain law that allows seamless tokenization of assets and rights, eliminating the need for legal workarounds. This enhances the country’s ability to legally host various digital tokens. Countries like Switzerland and Estonia have also gained recognition for crypto-friendly policies.
Switzerland, often dubbed “Crypto Valley,” hosts numerous blockchain startups and cryptocurrency companies due to its favorable regulations and supportive government initiatives. Estonia, on the other hand, offers e-residency programs, attracting digital entrepreneurs and blockchain businesses from around the world. Additionally, Malta boasts progressive cryptocurrency regulations, positioning itself as the “Blockchain Island” and a global hub for digital asset innovation and businesses.
Europe’s proactive approach toward cryptocurrency regulation and its rich technological infrastructure position the continent as a prominent player in the global crypto landscape, encouraging innovation and investment in the digital asset sector.
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Initially available to institutions via the AllUnity Mint Platform, CHFAU stablecoin launches under MiCA compliance after securing a license from the German regulator, BaFin.
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21Shares debuts the Strategy Yield ETP on Euronext Amsterdam on Thursday, giving Europe regulated access to Strategy’s preferred stock, which is heavily backed by Bitcoin.
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The EU authority tracking compliance under the MiCA framework issued a warning to those marketing crypto derivatives as “perpetual futures or perpetual contracts.”
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Hashgraph Group has launched a blockchain-based supply-chain traceability solution ahead of the EU’s Digital Product Passport requirements, some of which take effect beginning in 2027.
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The prediction market’s Dutch arm, Adventure One, allegedly offered illegal bets, including those on elections in the Netherlands.
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Carlo Kölzer says tokenization is not threatening but is reshaping traditional markets after the company's 360X platform integrates Kraken-backed xStocks.
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The French banking group’s digital asset unit deploys EUR CoinVertible on a third public blockchain, alongside Ethereum and Solana.
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The ECB is set to begin selecting EU-licensed payment providers for its digital euro pilot this quarter, with the 12-month pilot set to kick off in the second half of 2027.
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European Central Bank President Christine Lagarde is reportedly weighing an early exit from the bank just as the EU enters a crucial phase for the digital euro.
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The Dutch electronic money issuer will act as a BIN sponsor for fintech partners, linking regulated dollar- and euro-denominated tokens to mainstream card rails.
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President Karol Nawrocki vetoed a second MiCA crypto bill, saying it was “practically identical” to a previous version, leaving local companies in limbo ahead of a summer MiCA deadline.
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A global survey of 4,658 crypto users found 39% receive income in stablecoins and 27% use them for payments, with stronger adoption in emerging markets.
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OKX secured a Malta payment institution license to support EU-compliant stablecoin services, including OKX Pay and the OKX Card.
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Boerse Stuttgart will merge its crypto arm with Tradias, creating a regulated European crypto unit providing services in trading, custody, staking and tokenized assets.
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