Euro stablecoin project adds 25 new banks to consortium, bringing total to 37

As market dynamics evolve and pressure builds to strengthen Europe’s position in the global crypto economy, the European Commission (EC) has launched a review of its landmark crypto framework to keep pace with the evolving digital asset landscape. Related Reading: XRP ‘Under Heavy Resistance’ After Key $1.50 Rejection – Is A Drop To $1 Next? EC Opens Review Of EU Crypto Rules On Wednesday, the European Commission launched a consultation on the functioning of the European Union’s (EU) regulatory framework on crypto assets, the Markets in Crypto‑Assets Regulation (MiCA). The regulator is seeking feedback from stakeholders and the public on whether the current framework remains fit for purpose, noting that the crypto markets and broader policy landscape have evolved since it took effect in 2024. According to the announcement, the Commission is evaluating whether updates to the framework are needed to reflect the developing landscape. Specifically, the consultation seeks input on MiCA’s co

Qivalis secures support from 37 European banks to launch a euro stablecoin backed 1:1 with euro reserves under EU crypto regulations. Qivalis has received strong support from 37 European banks. This move aims to increase euro stablecoin adoption across Europe. According to the Financial Times, the project is based in Amsterdam. So, it is becoming […] The post Qivalis Wins Major Banking Alliance to Boost Euro Stablecoin Adoption appeared first on Live Bitcoin News.

A clear, practical overview of EURc euro stablecoin, how it works, use cases, risks, and what users should consider before using it. The post EURc Token Overview: What EURc Is And How It Works appeared first on BiteMyCoin.

Banks are moving into stablecoins as digital payments evolve, reshaping crypto settlement, regulation and competition with existing issuers.

Qivalis has expanded its European banking alliance to 37 institutions after onboarding 25 additional banks ahead of its planned euro stablecoin launch in the second half of 2026. According to a May 20 announcement, the Amsterdam-based consortium added new members…

Qivalis expands to 37 banks after adding 25 new members across 15 countries, boosting euro stablecoin plans ahead of a second-half 2026 launch.

Banks are ramping up cyber defences, hiring and insurance as AI-driven threats raise concerns over faster and more complex attacks.

Stablecoin infrastructure startup Checker has raised $8m across pre-seed and seed rounds to scale its single-API platform for banks and fintechs, after processing more than $3b in transactions over the past year. According to The Block, Checker has closed an $8m…