The post Europe’s MiCA Did Not Approve a Single Asset Under This Category appeared on BitcoinEthereumNews.com.
Not a single company has been approved to issue an asset-referenced token (ART) under the EU’s Markets in Crypto-Assets (MiCA) regulation, two years after the rules took effect. ARTs are stablecoins backed by gold, other assets, or currency baskets. Unlike ordinary stablecoins that track one currency, such as the euro or dollar, an ART references several assets at once. Why MiCA’s ART Framework Has No Takers ARTs are designed to maintain stable value by being backed by multiple assets, rather than a single fiat currency. Examples include tokens backed by: A mix of assets, such as currencies, commodities, or other crypto assets. A basket of currencies (such as 50% euro, 50% US dollar). Gold or other commodities. MiCA reserves one of its largest sections, Title III, for these products. Lawmakers drafted the title after Facebook’s Libra, whose currency-basket design alarmed centr
The post Ethereum is losing ownership of crypto payments as Base moves $565B in stablecoins appeared on BitcoinEthereumNews.com.
Stablecoin activity is becoming a contest over which blockchains move the most tokenized dollars. Visa Onchain Analytics showed that the adjusted stablecoin transaction volume reached about $1.79 trillion in June, surpassing its February high and rising sharply from May. The key network split was tight: Base ranked first at about $565 billion in adjusted volume, just ahead of Ethereum at roughly $562 billion. While the edge Base might have over Ethereum might be small, it’s still a significant achievement. Base is a layer-2 network built around cheaper, faster Ethereum activity. When it rises to the top of an adjusted stablecoin flow table, it shifts attention from token supply to payment distribution: wallets, fees, app integrations, and settlement availability. Visa’s dashboard separates adjusted and unadjusted activity because raw blockchain volume can inc
The post Vanguard Expands Digital Asset Strategy with New Executive Role appeared on BitcoinEthereumNews.com.
Vanguard is hiring a head of digital assets to lead the asset manager’s strategy on tokenization, stablecoins, blockchain infrastructure and client-facing digital asset products, signaling a broader push into the sector after years of resisting crypto investment offerings. According to the job description on Vanguard’s website, the executive will be responsible for determining how Vanguard participates in digital assets, including evaluating client-facing products, tokenization, stablecoins, custody models, blockchain-based settlement and digital asset operating infrastructure. The role will also represent Vanguard in discussions with regulators, clients and industry groups. Hiring announcement for Vanguard head of digital assets. Source: Vanguardjobs.com The move marks a notable shift for the asset manager, which has long resisted crypto investment products. In August 2024, CE
The post Vanguard Digital Assets Lead New Strategy Shift appeared on BitcoinEthereumNews.com.
For years, Vanguard was the firm that wouldn’t budge on crypto — the giant that blocked customers from buying spot Bitcoin and Ether ETFs while rivals raced to launch their own. Now, the Vanguard digital assets story is moving in a very different direction. Key takeaways Vanguard is actively searching for a head of digital assets to build and lead its strategy on tokenization, stablecoins, blockchain infrastructure, and client-facing products. The new executive will develop a multi-year digital asset roadmap and represent Vanguard in regulatory and industry discussions. As recently as August 2024, CEO Salim Ramji stated Vanguard would not launch crypto ETFs, calling it a matter of not copying competitors. In December 2025, Vanguard quietly reversed course on access, allowing brokerage clients to trade crypto ETFs and mutual funds on its platform. Vanguard manages approximately $12.5 trillion i
Stablecoins' rapid deployment in Venezuela highlights their potential to revolutionize disaster relief in regions with unstable financial systems.
The post Stablecoins emerge as key aid tool after Venezuela earthquakes appeared first on Crypto Briefing.
The asset manager is hiring a head of digital assets to lead its strategy for tokenization, stablecoins, blockchain infrastructure and client-facing products.
The post Bitcoin Suisse lands Abu Dhabi license to unlock UAE crypto expansion appeared on BitcoinEthereumNews.com.
Bitcoin Suisse has secured full regulatory approval in Abu Dhabi, allowing the Swiss crypto firm to expand its regulated digital asset business across the United Arab Emirates. Summary Bitcoin Suisse has secured a full ADGM license, allowing it to offer regulated crypto services across the UAE. The approval follows the firm’s recent MiCA license in Liechtenstein, expanding its regulated presence in Europe and the Middle East. Abu Dhabi continues attracting major crypto firms as it strengthens its position as an institutional digital asset hub. ADGM approval opens regulated crypto services across the UAE According to a July 7 announcement, Bitcoin Suisse’s Middle East subsidiary, BTCS (Middle East) Ltd., has received full Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). BTCS (Middle East) Ltd. ha
Bitcoin Suisse has secured full regulatory approval in Abu Dhabi, allowing the Swiss crypto firm to expand its regulated digital asset business across the United Arab Emirates. ADGM approval opens regulated crypto services across the UAE According to a July…
The post Chinese Yuan: PBoC strengthens Hong Kong hub and links – BNY appeared on BitcoinEthereumNews.com.
BNY’s Geoff Yu reports that the People’s Bank of China (PBoC) expanded the Renminbi (RMB) Business Facility and Southbound Bond Connect quotas, boosting Hong Kong’s role as the main offshore yuan hub. The central bank will support more yuan-priced commodities, enhance Gold clearing, and allocate more reserves to Hong Kong, while Governor Pan Gongsheng pledges a supportive stance without signaling imminent rate or RRR cuts. Liquidity boost for offshore RMB market “The PBoC has announced new measures to deepen Hong Kong’s role as the main offshore yuan hub and to widen mainland-Hong Kong financial links.” “The RMB Business Facility will be expanded to ¥500bn, giving Hong Kong banks greater access to yuan liquidity, while the annual Southbound Bond Connect quota will rise to ¥800bn from ¥500bn.” “The central bank also said it will support more yuan-priced commodity products, advance
