Financial giants Robinhood and Revolut are exploring launching their own stablecoins. Tether’s USDT leads the stablecoin market with a $120 billion market cap, holding over two-thirds of the total market. Robinhood Markets Inc. and Revolut Ltd., two prominent fintech firms, are reportedly exploring the possibility of launching their own stablecoins, as per a Bloomberg report….
Kraken’s acquisition of BCM boosts its European market presence and service offerings. The firm is well-prepared to adapt to new MiCA regulations, enhancing regulatory compliance. Kraken Exchange has officially announced the completion of its acquisition of Coin Meester B.V. (BCM), a Dutch digital asset broker. This strategic move underscores Kraken’s commitment to regulatory compliance and…
Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA framework. With plans for further growth in Asia, including Hong Kong and Singapore, Sygnum continues to strengthen its…
Swiss crypto banking group Sygnum told CryptoSlate that it has secured a crypto license in Liechtenstein via its local subsidiary. According to a Sept. 23 statement, the firm said its Liechtenstein subsidiary Sygnum Europe AG had been registered with the country’s Financial Market Authority (FMA) as a service provider under the Token and Trusted Technology…
The DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, with Hedera, Ripple, and Aptos Foundation as founding members. This industry association aims to streamline and enhance compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation, fostering a sustainable and compliant crypto ecosystem. The MiCA regulation, set…
The DLT Science Foundation (DSF) announced the launch of the MiCA Crypto Alliance on Sept. 16, with Hedera, Ripple, and the Aptos Foundation as founding members, according to a statement shared with CryptoSlate. The Markets in Crypto Assets (MiCA) regulation, recently approved by the European Union, aims to create a regulated digital asset environment that…
IOTA has highlighted some key developments and achievements that position it as a reliable partner in the European setting. Recently, IOTA was shortlisted as one of the three finalists of the European Blockchain Services pre-commercial procurement (PCP). IOTA (IOTA), in a recent blog post, detailed how its consistent demonstration of values makes it a reliable…