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Europe’s Crypto Map Shifts: MiCA Spurs 14 Stablecoin Issuers, 39 CASPs, and Counting

Europe’s landmark crypto regulation, MiCA, is now six months into its full rollout, quietly reshaping the rules for crypto firms and stablecoin issuers. New licenses, stablecoin approvals, and early compliance…

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Societe Generale’s Crypto Arm Unveils USD-Pegged Stablecoin on Ethereum and Solana

Societe Generale-FORGE (SG-FORGE), the digital asset arm of French banking giant Societe Generale, is set to launch a new USD-pegged stablecoin – USD CoinVertible (USDCV) – on both the Ethereum…

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Deutsche Boerse’s Clearstream to Launch BTC and ETH Custody for Institutions: Report

Deutsche Boerse’s post-trade unit, Clearstream, announced that it will introduce crypto custody and settlement services for institutional clients later this year. The services will be provided through its majority-owned subsidiary,…

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USDC Gains Ground on Binance as Regulatory Changes Challenge Tether’s Dominance

Binance is seeing a rising dominance of USDC as regulatory changes reshape the stablecoin market. A year ago, USDC accounted for just 0.48% of Binance’s stablecoin distribution, dwarfed by USDT’s…

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MiCA Framework Brings 4 Leading Crypto Exchanges Under Unified EU Regulations

Four leading cryptocurrency exchanges have recently secured full licenses under the European Union’s Markets in Crypto-Assets Regulation (MiCA). MiCA, which became effective on December 30, 2024, provides a unified regulatory…

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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…

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Tether Expands Bitcoin Reserves by $700M Amidst FUD Over USDT’s Status in Europe

Tether, the largest stablecoin issuer, has added $700 million worth of Bitcoin to its reserves. This development comes as CEO Paolo Ardoino addresses the fear, uncertainty, and doubt (FUD) surrounding…

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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…

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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…

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