Nine European Banks Collaborate to Launch Euro Stablecoin
Major European banks have formed a consortium to issue a stablecoin pegged to the euro, in compliance with MiCA regulations.Markets in Crypto-Assets Regulation (MiCA) is a regulatory framework by the European Union for crypto-assets.
Nine European Banks Collaborate to Launch Euro Stablecoin
Major European banks have formed a consortium to issue a stablecoin pegged to the euro, in compliance with MiCA regulations.
Coinbase Secures MiCA License in Europe
The largest American cryptocurrency exchange, Coinbase, has obtained a MiCA license from the Luxembourg Commission for the Supervision of the Financial Sector. Moien, Lëtzebuerg. ?? We’re pleased to have secured our Markets in Crypto Assets (MiCA) licence from the CSSF in Luxembourg. We can now offer a full suite of crypto products and services to […]
Societe Generale’s Subsidiary Launches MiCA-Compliant Stablecoin
Societe Generale’s crypto asset division, SG-FORGE, has announced the launch of a new stablecoin, USD CoinVertible (USDCV). The asset will be available on the Ethereum and Solana networks. The Bank of New York Mellon (BNY) will act as the custodian of the reserves. USD CoinVertible is SG-FORGE’s second stablecoin. In April 2023, the company released […]
Tether-Backed Firms Launch MiCA-Compliant Stablecoins in Europe
Two Tether-supported companies, StablR and Oobit, have introduced MiCA-compliant stablecoins in Europe. Stablecoins are transforming payments, and we’re taking them a step further as part of our collaboration with @StablREuro. By integrating MiCA-compliant and @Tether_to— backed@StablREuro and @StablRUSD, we’re enabling seamless and secure crypto payments. Plus, earn 5%… pic.twitter.com/3ZzDqw6G2E — Oobit (@oobit) May 27, 2025 […]
ING Bank’s MiCA-Compliant Stablecoin Initiative Unveiled
Dutch banking giant ING is developing a “stablecoin” in alignment with European MiCA regulations, according to CoinDesk, citing its own sources. The initiative may take the form of a consortium involving other financial institutions and cryptocurrency service providers, the publication’s sources revealed. “ING is working on a stablecoin project with several other banks. Progress is […]
German Authorities Halt Sale of USDe Stablecoin
The German financial regulator BaFin has halted the sale of the USDe stablecoin issued by Ethena Labs, citing “serious deficiencies” and non-compliance with MiCA requirements. “BaFin has prohibited Ethena GmbH from further public offering of the USDe token and instructed the company to freeze the corresponding reserve assets with custodians,” the press release states. According […]
Bitget’s February Report: EU Licensing, Forbes Ranking, and Bybit Support
The cryptocurrency exchange has released a transparency report for February 2025. During this month, the platform expanded its services in the EU in accordance with MiCA, secured the eighth spot in Forbes’ “Top 25 Most Trustworthy Crypto Exchanges” ranking, and supported Bybit following a hacking incident. On February 14, Bitget obtained a Virtual Asset Service […]
EU Regulator Confirms MiCA Does Not Ban USDT Transactions
The storage and transfer of stablecoins not compliant with MiCA do not violate EU laws, stated a representative of the ESMA in a comment to Cointelegraph. The regulator clarified the status of “stablecoins” following Binance’s announcement of delisting USDT and eight other assets within the EEA. ESMA explained that services related to the storage and […]
Binance to Delist USDT and Other Non-MiCA Compliant Stablecoins
Binance will cease support for nine stablecoins within the European Economic Area (EEA) due to the need to comply with MiCA regulations. On March 31, the platform will delist spot pairs with the following stablecoins: USDT; DAI; TUSD; USDP; FDUSD; AEUR; UST; USTC; PAXG. However, storage, deposits, withdrawals, and conversion of these coins will remain […]
Societe Generale Expands EURCV Stablecoin to Stellar Network
Forge, a subsidiary of Societe Generale regulated as a DASP, has added Stellar to the networks supported by its stablecoin, EUR CoinVertible (EURCV). The token was initially issued on Ethereum. This MiCA-compliant stablecoin is designed for TradFi. Stellar’s capabilities, including its built-in DEX and support for asset tokenization, will enable the integration of EURCV into […]
Ten Stablecoin Issuers Secure MiCA Licenses
Ten companies have received approval to issue stablecoins in the European Economic Area (EEA) under MiCA regulations. ???? 50-??? ?????? ??????: ???? ???? ?? ?????????? ?????????? ??????? & ??????? ????????? ?? 50 days after MiCA’s full entry into application, here’s where we stand according to the latest ESMA interim… pic.twitter.com/OG7WwMProh — Patrick Hansen (@paddi_hansen) February […]
OKX Secures MiCA License, Expands Operations Across Europe
OKX has officially become one of the first global cryptocurrency exchanges to secure a MiCA license and passport its services within the European Economic Area (EEA). OKX is Now Live Across 28 EEA Countries ?? With MiCA licensing secured, we’re passporting regulated crypto services across Europe—offering local payment methods and secure, seamless access to 400M+ […]We use cookies to improve the quality of our service.
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