Nine European Banks Join Forces to Issue MiCA-Compliant Euro Stablecoin

Nine major european banks have joined forces to launch a euro-denominated stablecoin regulated under the trading block’s Markets in Crypto Assets regime (MiCA). The banking giants involved are: ING, Banca Sella, KBC, Danske Bank, DekaBank, UniCredit, SEB, CaixaBank and Raiffeisen Bank International. Earlier this year, CoinDesk reported that Dutch bank ING was working on a … Read more

Kraken Expands xStocks to European Investors

Cryptocurrency exchange Kraken has expanded its xStocks offering to millions of clients across the European Union, providing on-chain access to U.S. equities to investors in the region. The expansion enables eligible European investors to trade tokenized versions of popular U.S. stocks and exchange-traded funds (ETFs) directly through the Kraken app. “Expanding xStocks to the European Union was … Read more

Winklevoss Twins Back $147M Raise for Treasury’s Landmark European BTC Listing

Treasury BV said it raised 126 million euros ($147 million) in a private funding round led by Winklevoss Capital and Nakamoto Holdings, allowing it to acquire more than 1,000 bitcoin BTC$111,441.70 as it seeks to become the largest publicly traded European bitcoin treasury company. For the public listing, the company led by CEO Khing Oei … Read more

Crypto Exchange Gemini Secures MiCA License in Malta, Expands European Footprint

Gemini, the crypto exchange backed by the billionaire Winklevoss twins, has secured a Markets in Crypto Assets (MiCA) license from the Malta Financial Services Authority (MFSA), strengthening its bid to expand across the European Union under the bloc’s new regulatory framework, the company said in a blog post Thursday. The approval marks a significant step … Read more

European Blockchain Body Tells EU to Prepare for AI and Web3 Merging, CBDCs Emergence

The European Blockchain Observatory and Forum (EUBOF) has given a heads up to the European Union (EU) to get prepared to handle the upcoming era of decentralised AI networks. In a report addressed to the EU, the EUBOF said that the merging of blockchain and AI is surfacing as a trend in the tech industry … Read more

MiCA Crypto Framework Finalised By European Banking Authority Ahead of July Deadline

MiCA — or Markets in Crypto Assets — technical standards have been published by the European Banking Authority (EBA) on Thursday. Ahead of the upcoming July deadline, the EBA has published a detailed set of guidelines around technical standards that Web3 firms operating in the region will soon be mandated to adhere to. The aim … Read more

Amazon, Google, Apple, Meta, Microsoft Tell European Commission They Meet New EU Tech Gatekeeper Status

Alphabet‘s Google, Amazon, Apple, Meta Platforms and Microsoft have notified the European Commission that they qualify as gatekeepers under new EU tech rules, EU industry chief Thierry Breton said on Tuesday. Under the Digital Markets Act (DMA) which came into force last November, companies with more than 45 million monthly active users and a EUR … Read more

ROG Xbox Ally Pre-Orders to Reportedly Begin in August; European Pricing Tipped

Microsoft revealed the Xbox branded ROG Ally handhelds at Xbox Games Showcase last week. The company said the two models — ROG Xbox Ally and ROG Xbox Ally X — would launch in select markets during the holiday season later this year. A games industry leaker has now tipped the pricing, pre-order and launch window … Read more

ROG Xbox Ally Pre-Orders to Reportedly Begin in August; European Pricing Tipped

Microsoft revealed the Xbox branded ROG Ally handhelds at Xbox Games Showcase last week. The company said the two models — ROG Xbox Ally and ROG Xbox Ally X — would launch in select markets during the holiday season later this year. A games industry leaker has now tipped the pricing, pre-order and launch window … Read more