europe

Ethena Fined €600K by German Regulator and Ordered to Reverse USDe Token Issuance

Ethena Fined €600K by German Regulator and Ordered to Reverse USDe Token Issuance

Ethena GmbH has been ordered by the German Federal Financial Supervisory Authority (BaFin) to wind up its business related to the issuance of its USDe tokens. BaFin revealed it found serious deficiencies in Ethena GmbH’s operations during the authorization procedure and imposed sanctions, leading to the requirement for the company to reverse its USDe token […]

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MiCA’s first 100 days leave most crypto firms behind, here’s who qualified

MiCA’s first 100 days leave most crypto firms behind, here’s who qualified

One hundred days after the Markets in Crypto-Assets (MiCA) framework took effect, most of the crypto industry is still racing to catch up. On April 14, Circle’s executive Patrick Hansen, citing data from the European Securities and Markets Authority (ESMA), reported that only 11 stablecoin issuers and 15 crypto-asset service providers (CASPs) had received authorization.

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French and Italian Regulators Submit DLT Recommendations to European Commission

French and Italian Regulators Submit DLT Recommendations to European Commission

Key Takeaways: Regulators propose fresh trial rules to widen digital ledger testing. New guidelines support a range of project sizes and adaptive market methods. Proposed changes may ease the merger of digital trials with established financial practices. The French Autorité des Marchés Financiers (AMF) and the Italian Commissione Nazionale per le Società e la Borsa

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Mastercard Partners With Kraken to Enhance Crypto Payments in the UK and Europe

Mastercard Partners With Kraken to Enhance Crypto Payments in the UK and Europe

Mastercard has announced a partnership with Kraken, leveraging its global payments network to enable millions of users to spend their cryptocurrencies at over 150 million merchants worldwide. This collaboration underscores Kraken’s commitment to bridging traditional finance and digital assets, providing simple and secure payment solutions for its customers in the UK and Europe. As part

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BlackRock Launches Bitcoin ETP In Europe

BlackRock Launches Bitcoin ETP In Europe

Asset management giant BlackRock has launched its first bitcoin product in Europe: a physically backed bitcoin exchange-traded product (ETP). The iShares Bitcoin ETP started trading Tuesday on Germany’s Xetra exchange and Euronext exchanges in Paris and Amsterdam. The ETP will trade under the ticker IB1T on Xetra and Euronext Paris and as BTCN on Euronext

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Blackrock Expands to Europe With Launch of Bitcoin Exchange Traded Product

Blackrock Expands to Europe With Launch of Bitcoin Exchange Traded Product

Blackrock has launched its first bitcoin exchange-traded product (ETP) in Europe, expanding its crypto footprint beyond the U.S. The Ishares Bitcoin ETP will list on multiple European exchanges with a competitive fee structure, aiming to capture growing institutional interest in digital assets. Blackrock’s Bitcoin ETP Debuts in Europe with Competitive Fee Structure Blackrock, the world’s

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