Tether and Binance left out of EU crypto approval list The recent exclusion of Tether and Binance from the list of approved cryptocurrencies in the European Union has sent shockwaves through the digital asset community. The European Union’s Markets in Crypto-Assets (MiCA) framework aims to regulate the cryptocurrency market and provide a clear set of […]
Coinbase gains MiCA approval in EU
Coinbase Secures MiCA Approval in EU: A Game-Changer for Digital Finance Luxembourg is making waves in the world of digital finance as Coinbase, the leading cryptocurrency exchange platform in the United States, gains full recognition under the Markets in Crypto-Assets (MiCA) regulation in the European Union. This milestone marks a significant step forward for Coinbase, […]
Bank of Italy criticises limited MiCA impact
Bank of Italy Criticises Limited MiCA Impact The Markets in Crypto-Assets Regulation, known as MiCA, was introduced by the European Commission to provide a comprehensive regulatory framework for digital assets, including cryptocurrencies and stablecoins. However, despite the high hopes pinned on MiCA to drive stablecoin adoption and generate interest among Italian intermediaries, the Bank of […]
Binance to remove non-MiCA compliant stablecoins in Europe
Binance Takes a Stand: Removing Non-MiCA Compliant Stablecoins in Europe In a bold move towards regulatory compliance, Binance, one of the world’s largest cryptocurrency exchanges, has announced its decision to remove non-MiCA compliant stablecoins from its platform in Europe. This strategic shift comes in response to the Markets in Crypto-Assets (MiCA) regulations set forth by […]
Dutch companies to launch first regulated digital euro
Dutch Companies Set to Launch First Regulated Digital Euro In a groundbreaking move that is set to revolutionize the digital currency landscape, Dutch companies are gearing up to introduce the first regulated digital euro to the market. Known as EURQ, this innovative currency is fully compliant with European regulations, particularly the Markets in Crypto-Assets Regulation […]
MiCA brings big changes for crypto in the EU
MiCA: A Game-Changer for Cryptocurrency Regulation in the EU Cryptocurrency has been a hot topic in the financial world for years, with its decentralized and often anonymous nature posing challenges for regulators worldwide. In the European Union, the Markets in Crypto-Assets (MiCA) regulation has been proposed as a comprehensive framework to govern the rapidly growing […]
Michael Saylor’s Firm Doubles Shares While Holding $15.8 Billion in Bitcoin
In a significant move reflecting confidence in the cryptocurrency market, MicroStrategy Inc., co-founded by Michael Saylor, has successfully raised $1.01 billion through the sale of convertible senior notes. This strategic maneuver highlights the firm’s commitment to expanding its Bitcoin holdings, allocating a substantial $458 million from this recent capital influx for additional Bitcoin purchases. As […]
German Authorities Shut Down 47 Cryptocurrency Exchanges in Major Anti-Money Laundering Operation
The recent crackdown by German authorities on cryptocurrency exchanges highlights a significant move in combating money laundering and illegal financial activities. On August 20, 2024, a sweeping operation led by the Federal Criminal Police Office (BKA) and the Central Office for Combating Internet Crime targeted 47 cryptocurrency exchange platforms that had been operating without the […]
Crypto Market Rallies After Fed Rate Cut
The cryptocurrency market has witnessed a significant uptick following a recent rate cut by the US Federal Reserve. This move, aimed at stimulating economic activities, has not only impacted traditional markets but has also galvanized the crypto sector, showcasing its growing correlation with macroeconomic events. Data from Coinglass indicates a remarkable 46% rise in crypto […]
Hackers Fail to Cash In After Breaching X Accounts
In the digital landscape where cryptocurrencies are constantly evolving, hacking attempts targeting social media accounts have become prevalent. Recently, a group of hackers targeted several high-profile accounts, including Lenovo India, Yahoo News UK, and film director Oliver Stone, in an attempt to promote a fraudulent memecoin named HACKED. Despite the audacious nature of this breach, […]