Tags: MICA

Clearstream introduces Bitcoin and Ethereum custody services, aiming to simplify crypto adoption for banks and large institutions.

USDC’s dominance on Binance continues to rise, challenging Tether’s market position amid shifting regulatory frameworks in the European Union.

The MiCA framework standardizes regulations for crypto-asset service providers across the European Economic Area (EEA).

With USDT facing compliance challenges and its market cap seeing a notable decline RLUSD could potentially fill the gap as a MiCA-compliant alternative.

As MiCA sparks uncertainty in Europe, Tether has transferred 7,629 BTC to its reserves, boosting its total holdings to $7.8 billion.

November 2024 weekly crypto trade volumes in Europe hit €12B, driven by Bitcoin’s $100K milestone as well as surging institutional demand.

With the full application of MiCA anticipated in December 2024, Coinbase is working to ensure its offerings in the EEA are compliant.

The new features make self-custody and DeFi more accessible to Robinhood’s European customer base.

USDC stablecoin’s trading volume in 2024 has skyrocketed to $23 billion.

USDC dominates the E.U. stablecoin race, with Circle chief predicting market consolidation over the coming decade.

How will Uphold’s decision to delist Tether impact USDT in the European Union?

Further deliberation will take place after the 29th of April.

ESMA Unveils Plan to Address Crypto Risks Ahead of MiCA Regulation Implementation

European Commission policy officer Ivan Keller highlights high-profile centralized exchange shortcomings as key reasons for the implementation of MiCA regulations in Europe.