Tag: mica
ECB Chief Lagarde Blocked Binance EU Entry, WSJ Reports
European Central Bank President Christine Lagarde intervened to prevent Binance from operating in the EU, citing regulatory concerns and stablecoin dominance risks.
Revolut Launches MiCA-Compliant Euro Stablecoin as USDT Withdrawal Looms
Fintech giant Revolut rolls out EURR, a euro-pegged stablecoin backed by Bridge, across select European markets as it phases out Tether.
MiCA Compliance Costs Could Trigger European Crypto M&A Wave
Europe's Markets in Crypto Assets regulation raises operating costs, pushing smaller firms toward mergers with established banks and financial institutions seeking crypto exposure.
MiCA Licensing Slows as European Regulators Add 14 Crypto Firms
European crypto-asset licensing pace falters post-deadline. ESMA adds 14 firms including Ripple Payments Europe to MiCA register, signalling moderation after initial surge.
MiCA's July 1 Deadline Set to Wipe Out 80% of Europe's Crypto Firms
As Europe's MiCA regulatory transition period ends, only 244 of 3,000+ crypto service providers have secured licenses, threatening mass closures and industry consolidation.
EU Parliament Signals Push to Regulate DeFi, Staking and NFTs Beyond MiCA
European lawmakers recommend assessing whether crypto lending, staking and NFTs need regulation under the EU's Markets in Crypto-Assets framework.
Binance Suspends EU Services Ahead of MiCA Deadline, Shifts to France
World's largest crypto exchange restricts registrations across multiple EU nations as July 1 MiCA licensing deadline approaches, withdraws Greece application
Qivalis Euro Stablecoin Adds 25 Banks, Signals European Push for Digital Currency
European banking consortium Qivalis expands to 37 members across 15 countries, targeting 2026 launch of regulated euro stablecoin to challenge dollar dominance.