Tether USDT’s market cap drop linked to ‘seasonal holiday lull’
Tether USDt’s trading has wiped $100 billion since mid-December, but it “may be premature to turn bearish,” according to Matrixport. Go to Source
Europe
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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. Go to Source
French regulator authorizes crypto operations for BPCE subsidiary
BPCE’s crypto subsidiary, Hexarq, is the second banking crypto outfit to receive a nod from French regulator AMF after Société Générale’s Forge. Go to Source
German watchdog orders Worldcoin to delete data collected illegally
German regulators demand compliance changes from World ID after a biometric data investigation. Go to Source
MiCA-compliant stablecoins dominate European market — Kaiko
A Kaiko and Bitvavo report highlighted the growth of crypto in Europe as regulatory frameworks emerged in the region. Go to Source
Tether USDT trading continues across Europe despite Coinbase delisting
Binance, Crypto.com, Kraken and other crypto exchanges continue to list Tether’s USDT on their EU platforms weeks before the final MiCA deadline on Dec. 30. Go to Source
Tether backs European stablecoin firm StablR amid USDT uncertainty
Tether, the issuer of the world’s largest stablecoin by market cap, will provide its tokenization tech to Malta-based stablecoin firm StablR. Go to Source
‘No to CBDC, yes to Bitcoin’ — European MP calls for EU BTC reserve
The European Parliament’s Sarah Knafo said it’s time to stop “totalitarian temptations” by the European Central Bank and adopt Bitcoin. Go to Source
Coinbase prepares to delist Tether’s USDT stablecoin in Europe
Coinbase said it will assess reenabling services for stablecoins that achieve MiCA compliance at a later date. Go to Source
German fintech 21X gets EU license for tokenization platform
To build its blockchain-based trading platform, 21X has been working with several partners, including Polygon and SBI Digital Markets. Go to Source