EU silence does not make USDT MiCA-compliant, says exec
While MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline.
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While MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline.
Crypto industry executives share with Cointelegraph what they expect for the now $200 billion stablecoin market next year.
Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.
A Kaiko and Bitvavo report highlighted the growth of crypto in Europe as regulatory frameworks emerged in the region.
This final guidance calls for a commonly adopted application of the definition of “financial instrument” across EU member states.
Tether, the issuer of the world’s largest stablecoin by market cap, will provide its tokenization tech to Malta-based stablecoin firm StablR.
Coinbase said it will assess reenabling services for stablecoins that achieve MiCA compliance at a later date.
Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin.
Expected to launch in the coming weeks, Schuman’s new euro-backed stablecoin labels 107 countries as “high-risk.”
A Bloomberg report suggested Italian Prime Minister Giorgia Meloni could accept a proposal for a 28% tax hike on crypto rather than a 42% one.
