EU to Answer Trump’s Stablecoin Push With Digital Euro
The EU must approve a digital euro to counteract the White House’s push for stablecoins. ECB board member Piero Cipollone proposed to double down on this digital currency, as the…
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Trump’s Tariffs, Sanctions to Speed up De-Dollarization, Economist Says
A former chief economist at the African Export-Import Bank said many governments are increasingly promoting the use of local currencies to reap the economic benefits of having an international currency.…
Standard Chartered Launches Luxembourg Entity for EU Crypto Custody
Standard Chartered has announced the launch of a new entity in Luxembourg to serve as its regulatory entry point for providing crypto and digital asset custody services to clients within…
MiCA Compliance Powers Ripple’s RLUSD to Over 33,000 Transactions in 6 Months
Ripple’s RLUSD stablecoin is rapidly gaining traction in the European crypto landscape. The MiCA-compliant token has greatly benefited from the strategic launch at a time when the bloc is undergoing…
Interpol Issues Red Notice to Hex Founder Richard Heart
Richard Schueler, widely known as Richard Heart, the founder of Hex cryptocurrency, has been placed on Interpol’s global wanted list through a Red Notice. Issued at the request of Finnish…
Euro-Backed Stablecoins Flourish Post-MiCA, Reach €800M in Monthly Volumes
In 2024, euro-backed stablecoins emerged as a critical driver of growth in the European cryptocurrency market, bolstered by the implementation of the Markets in Crypto-Assets Regulation (MiCA). In fact, these…
Printemps Becomes First European Luxury Store to Accept Crypto Payments
The adoption of cryptocurrency payments by Printemps marks a milestone in the European luxury goods industry. Customers Can Now Buy High-End Fashion Products With Crypto Printemps, a leading French luxury…
VanEck Europe Enables SOL Staking for its $73M Solana ETN
VanEck has introduced staking for its Solana Exchange Traded Note (ETN) in Europe, which currently has assets under management (AUM) totaling $73 million. The Solana ETN, which trades under the…
‘Eliminate Bitcoin:’ ECB Fears Highlighted in Latest Anti-BTC Tirade
In a post on X on Oct. 20, adviser to the Senior Management of the Market Infrastructure and payments business area of the ECB, Jürgen Schaaf, labeled Bitcoin “a speculative…
Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations
Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government…