‘Like Spitting on a Fire’: Tether CEO Slams EU Deposit Protections Amid Bank Failure Warnings
Paolo Ardoino criticizes EU rules that could force stablecoin issuers to rely on fragile banks and warned about potential bank failures in the future.
MiCA
Ukraine Considers Up to 23% Personal Income Tax on Crypto in Newly Proposed Tax Scheme
Under a proposal, certain crypto transactions would be taxed at the country’s standard 18% rate, as well as an extra 5% levy to support the country’s war costs.
Crypto.com President Eric Anziani on the Exchange’s Ambitious Global Plans
The Singapore-based exchange has made a plethora of announcements regarding its plans for the E.U., the U.S. and Asia.
Crypto.com Will Suspend Tether, PayPal Stablecoin Services in Europe Due to MiCA
From Jan. 31, Crypto.com will no longer offer certain services from stablecoins, like Tether USDT, Paypal USD, Pax dollar, alongside Crypto.com Staked ETH and Crypto.com Staked SOL.
Bitpanda Secures MiCA License From German Regulator
Bitpanda Secures MiCA License From German Regulator
Smart Valor Is Conducting a Strategic Review That May Lead to Sale of the Company
Bids for the Swiss crypto firm are due by Jan. 24, people close to the process said.
Tether to Shutter Euro Stablecoin as Key MiCA Deadline Looms
Tether said it will phase out its euro stablecoin, EURT. Users will be able to redeem tokens for up until one year from now.
Instead, the company will focus on backing new stablecoin ventures such as its recent investment in Quantoz and its tokenization platform Hadron.
Kraken, Tether-Backed Dutch Firm Rolls Out MiCA-Compliant Euro, U.S. Dollar Stablecoins
The issuance comes at a time when the European stablecoin market is poised for a shake-up as regulations for issuers will enter into full force by the end of this year.
Coinbase to Delist Unauthorized Stablecoins in EU by December
Tether, which is the largest issuer of stablecoins, has not managed to snag the necessary e-money license in the European Union.
Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.