The European Union has approved anti-money laundering rules that will ban regulated crypto firms from supporting privacy coins while leaving direct Bitcoin transfers between private wallets outside the scope of mandatory identification requirements. According to Regulation (EU) 2024/1624, which willβ¦
Italy-based fintech Conio has received authorization to operate as a crypto-asset service provider under the European Unionβs MiCAR framework, becoming one of the firms to secure approval before stricter licensing requirements take full effect across the bloc. Conio said theβ¦
More than 3,000 crypto firms were registered across Europe before MiCA, yet only 194 had secured authorization by May 2026, and BitGo has now introduced a compliance service designed to help firms continue operating as the EUβs licensing deadline takesβ¦