The Swedish health-tech company moved closer to becoming one of Europe's largest publicly traded Bitcoin treasury firms after shareholders approved a key condition for its planned acquisition of two Norwegian investment companies.
Binance said it plans to seek authorization in another EU jurisdiction just days ahead of the July 1 MiCA deadline, as unlicensed crypto firms are expected to wind down activities in the bloc.
OpenPayd, which provides infrastructure to companies including Kraken crypto exchange, can now offer regulated crypto services across Europe under MiCA.
Banks across Europe and South Korea will study whether regulated euro and won stablecoins can enable real-time cross-border foreign exchange settlement.
Euro-denominated trading accounts for around 1% of Binance's spot volume, according to CryptoQuant data, as the exchange faces uncertainty ahead of MiCA's July 1 deadline.
Zcash has gained renewed attention after discussions around Europeβs planned crypto compliance rules pushed the privacy-focused cryptocurrency back into the spotlight. According to recent reports, the European Union is preparing to introduce a β¬10,000 (about $11,500) limit on cash paymentsβ¦
The Austrian authorization gives WhiteBIT access to the EU's unified crypto framework, which will require exchanges to hold MiCA licenses or stop serving clients after July 1.
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