Backpack EU secures MiCA and payment licenses, BP jumps 19%

Crédit Agricole launches EURXT, a MiCA-compliant euro-backed stablecoin on Ethereum, expanding tokenized finance for institutional and corporate clients. Crédit Agricole, Europe’s third-largest bank by assets, has launched its euro-backed stablecoin called EURXT. The stablecoin is launched by the bank’s asset servicing arm, CACEIS, on the Ethereum blockchain. Initially, EURXT is available only to institutional investors […] The post Europe’s Third-Largest Bank Crédit Agricole Debuts Euro-Backed Stablecoin appeared first on Live Bitcoin News.

Binance is updating stablecoin support for EEA users as MiCA stablecoin rules take effect across the European Union.

A final wave of MiCA approvals expanded Europe's roster of licensed crypto firms as the transitional period came to a close.

MiCA's enforcement centralizes EU crypto markets, enhancing consumer protection but risking liquidity issues and volatility amid platform exits. The post MiCA crypto regime now fully in force, reshaping the EU market overnight appeared first on Crypto Briefing.

The suspension highlights regulatory hurdles for crypto firms in the EU, potentially reshaping market dynamics and compliance strategies. The post Binance suspends European services as MiCA deadline arrives appeared first on Crypto Briefing.

Binance says affected EU users can still access withdrawals as MiCA rules take effect, while the exchange works with regulators.

The shift to DEXs post-MiCA may redefine stablecoin liquidity, enhancing Ethereum's role and prompting regulatory and market adaptations. The post $18B USDT shifts from EU platforms to DEXs post-MiCA deadline appeared first on Crypto Briefing.

Europe's crypto market is entering a new regulatory chapter as the European Union's Markets in Crypto-Assets Regulation (MiCA) becomes the primary framework governing digital asset service providers across the bloc.