@Swissborg adapts to the EU’s MiCA regulations, aiming to strengthen its market position after securing a MiCA license, while facing challenges from reduced global exchange presence. #Update #Crypto $SOL
Eight EU-regulated digital asset firms urge policymakers to expedite changes to the DLT Pilot Regime, warning that Europe risks losing its tokenization lead to the U.S. #Update #Crypto $BTC
The Council of the European Union supports the ECB’s digital euro plan, proposing limits on holdings to prevent financial instability and protect banks from competition. #Update #Crypto $EUR
@BNPParibas joins nine European banks in the Qivalis initiative to launch a euro-backed stablecoin, aiming for a 2026 rollout to enhance digital payment infrastructure in compliance with EU regulations. #Update #Crypto $EURC
@OKX temporarily suspends its DEX aggregator after consulting regulators due to misuse by the Lazarus Group, following a $1.4 billion hack linked to Bybit. #Breaking #Security $ETH (-9) ↘
Russia reportedly uses $BTC, $ETH, and $USDT in oil trades with India and China to bypass sanctions, says @Reuters. Russian exchange Garantex suspends operations amid sanctions. #Update #Crypto $BTC (-3) ↘
@eToro’s EU subsidiary, Etoro (Europe) Ltd, received a permit from the Cyprus Securities Exchange Commission to offer crypto services under MiCA across the EU. #Update #Legal (+6) ↗
The European Union launched its AI regulation efforts, focusing on definitions, literacy, and high-risk AI prohibitions; challenges arise for smaller businesses in risk assessments and documentation. #Update #Legal (+3) → (Source: News.Bitcoin)
The European Central Bank’s Piero Cipollone urges the EU to adopt a digital euro to counteract the U.S. push for dollar-backed stablecoins, enhancing global financial stability and competitiveness. #Update #Crypto $EUR (+3) →
Hippolyte Fofack, former chief economist at the African Export-Import Bank, noted that Trump’s tariffs and sanctions could accelerate de-dollarization as governments push local currency use to gain international economic benefits. #Update #Economy (+3) ↗
