Business
Backpack Exchange Acquires FTX's European Division Amid Crypto Market Expansion
Backpack Exchange has purchased FTX's bankrupt European arm for $32.7 million, positioning itself as a regulated provider of crypto derivatives in Europe.
Finance
Floki Set to Launch Exchange-Traded Product in Europe by Early 2025
A Floki exchange-traded product is scheduled to debut in Europe soon, as developers seek approval for an early liquidity proposal.
Crypto News
21Shares Broadens Crypto ETP Offerings with New Listings in Europe
21Shares is launching six additional crypto exchange-traded products (ETPs) in Europe as part of its expansion strategy.
Crypto
EU's Centralized Crypto Regulation Proposal Faces Industry Concerns
The European Commission's initiative to increase the European Securities and Markets Authority's authority over crypto assets raises alarms about potential stifling of innovation in the industry.
News
AfD in Germany Calls for Bitcoin to Be Recognized as a Strategic Asset
Germany's Alternative for Germany party seeks regulatory reforms to promote Bitcoin's adoption as a strategic digital asset.
News
BONK Memecoin Makes Its Entrance as an ETP on Switzerland's SIX Exchange
The Solana-based token Bonk is now available on Switzerland's prestigious SIX Swiss Exchange, allowing broader investment opportunities amidst a declining memecoin market.
Crypto
EU's Crypto Regulation Faces New Scrutiny as Centralization Talks Intensify
As MiCA moves into its execution phase, calls grow for regulatory oversight to shift from national regulators to the ESMA amid discrepancies in enforcement across Europe.
Crypto
KuCoin's European Division Achieves MiCA License While Malta Stands Aside
KuCoin EU garners a crucial MiCA license from Austria's Financial Market Authority, enabling its operations across 29 EEA nations, but excluding Malta.
Crypto
Decentralized Finance Avoids Regulatory Constraints as Global Regulations Tighten
While Europe addresses crypto tax issues and U.S. lawmakers reconsider market structures, DeFi remains unregulated, raising concerns for the future.
News
European Commission Urges 12 Nations to Enforce Crypto Tax Regulations
The European Commission has issued warnings to twelve countries for not implementing EU tax reporting rules for digital assets, highlighting Hungary's non-compliance with the MiCA framework.
Economy
Could Europe Consider Selling Off US Debt Over Greenland?
European leaders are contemplating the possibility of selling US debt as a response to US foreign policy actions regarding Greenland.
Business
Binance Files for MiCA License in Greece Amid Compliance Deadlines
Binance has applied for a MiCA license in Greece following France's identification of the exchange as unlicensed under the MiCA regulation before upcoming compliance deadlines.
News
Italy Establishes Strict Deadline for Crypto Platforms to Meet MiCA Standards
Italy's markets regulator enforces firm deadlines for virtual asset service providers to comply with MiCA regulations, giving them until December 30 to apply for authorization or exit the market.
Crypto
Deutsche Börse Partners with Kraken to Integrate Digital and Traditional Markets
Deutsche Börse and Kraken forge strategic partnership aimed at connecting various financial markets for institutional clients.
News
New EU Strategy Enhances ESMA's Role in Crypto Regulation
The European Commission has unveiled plans to extend the European Securities and Markets Authority's oversight over cryptocurrency firms and trading platforms, aiming to improve EU market competitiveness against the US.
News
Deutsche Börse Expands Its Euro Stablecoin Portfolio with EURAU Integration
Deutsche Börse announces the incorporation of AllUnity's EURAU stablecoin, marking a significant step in the exchange's digital asset strategy.
Crypto
Blockrise Secures MiCA License, Offers Bitcoin-Backed Loans to European Firms
Blockrise has achieved MiCA licensing in the Netherlands, enabling regulated Bitcoin services and paving the way for business loans secured by Bitcoin.
Latest News
21Shares Partners with Standard Chartered for Custody Services Amidst Crypto Shift
Standard Chartered is set to provide custody services for 21Shares, indicating a significant movement of traditional finance into the crypto sector.
Crypto
ECB Suggests Stablecoin Risks in Europe Are Minor Amid Limited Adoption
The European Central Bank assesses that stablecoin risks in the eurozone are lower due to minimal retail uptake and dominant crypto trading activity.
Banking
Nordea Bank to Introduce Bitcoin ETP Following Change in Crypto Policy
Nordea, the largest bank in Scandinavia, is set to offer a Bitcoin-linked exchange-traded product (ETP) in December, reversing its previous ban on employee cryptocurrency holdings.
