The UK's FCA intends to provide clear cryptocurrency regulatory guidelines to compete with other markets led by the United States and Europe.
The United Kingdom's Financial Conduct Authority published its cryptocurrency regulation roadmap amid increasing digital asset ownership. It plans to issue its final crypto rules in 2026.
As Europe approaches the final enforcement deadline for the Markets in Crypto-Assets Regulation (MiCA) at the end of the year, Schuman Financial, a new cryptocurrency firm, founded by former Binance executives, including Martin Bruncko and Eduardo Morrison has launched a euro-backed stablecoin, EURØP. https://twitter.
Fireblocks collaborates with Google Cloud to integrate Confidential Space to secure private keys using Multi-Party Computation and other advanced tools.
Gary Gensler is going, but the lawsuits against crypto firms may continue — until Congress defines how securities laws apply to digital assets.
The platform allows anyone to easily create SOL/USD meme-tokens without coding skills. It also offered users the chance to live-stream the process.
Pump.fun, which recently took a lot of flak over an ugly abuse of their livestream, has sent out a plea for urgent moderation reforms from the community.
Zodia Custody partners with Securitize to offer compliant custody solutions for tokenized assets like BlackRock's BUIDL.
Binance founder Changpeng Zhao has shared concerns over the growing hype surrounding memecoins while urging to develop more utility-driven tokens. In a Nov. 26 post on X (formerly Twitter), Zhao acknowledged the popularity of memes but expressed unease over their current direction, describing them as “a little weird.
The total crypto market cap fell by $82B, nearing $3T support. SAND led altcoin losses, plunging 18% in 24 hours.
Crypto custody firm Fireblocks said it has partnered with Google Cloud to integrate its Confidential Space to strengthen security arrangements around customer digital assets. The post Fireblocks Partners With Google Cloud's Confidential Space to Step up Security appeared first on Cryptonews.
A draft Moroccan crypto law to regulate cryptocurrencies is being compiled, as underground usage persists despite a 2017 ban.
The crypto community's financial literacy rate is estimated at 25%, lagging the financial literacy average in the United States by half, according to a new report.
Alluvial, a software development firm, backed by Brevan Howard Digital is launching the Alluvial stake management system for staking management. The post Brevan Howard Backed Alluvial Launches Hub to Support Staking appeared first on Cryptonews.
The digital asset platform Fireblocks collaborates with Google Cloud to explore new innovative solutions for cryptographic self-custody.
In the rapidly expanding crypto market, securing a robust crypto wallet is crucial for anyone aiming to safeguard their digital assets and pursue long-term appreciation. Decentralized wallets, which operate autonomously from centralized exchanges, provide a heightened layer of security against significant breaches.
Despite Binance's claims that BFUSD's APY will never go below zero, traders are still concerned that the token will face the same fate as TerraUSD.
U.S. lawmakers from both parties are reaching consensus on essential crypto issues, including regulation, stablecoins, and digital asset innovation, according to a16z crypto.
Former Binance CEO Changpeng Zhao (CZ) expressed his worries over meme coins' increasing appeal and called for a move towards significant blockchain innovation. The post Changpeng Zhao Criticizes Meme Coins, Urges Developers to Focus on Creating Real Applications appeared first on Cryptonews.
Binance has unveiled a new asset, BFUSD, designed to offer users passive rewards and be used as collateral in futures trading.
The United Kingdom Financial Conduct Authority plans to finalize regulations for the crypto industry by 2026, following input from organizations such as the Treasury, Bank of England, and U.S.
Morocco's Central Bank governor, Abdellatif Jouahri announced on November 26 that the digital asset/crypto regulation law has been prepared and is in the adoption phase. The Central Bank of Morocco, known as Bank Al-Maghrib, has been working for the past two years on a digital asset/crypto regulation in collaboration with the IMF and World Bank.
Schuman Financial has launched EURØP, a euro-backed stablecoin aimed at enhancing global digital payments, on-chain foreign exchange trading, and tokenized asset markets. The post Schuman Financial Introduces Euro-Backed Stablecoin EURØP for Payments and Asset Tokenization appeared first on Cryptonews.
Telegram's cryptocurrency holdings surged to $1.3 billion in H1 2024, driven by significant Toncoin sales and a strategic focus on digital assets, despite ongoing legal challenges faced by CEO Pavel Durov. The post Telegram's Crypto Holdings Surge to $1.3B in H1 2024: Report appeared first on Cryptonews.
Stablecoin startup Schuman Financial, backed by Nexo and Lightspeed Faction, unveiled EURØP, a MiCA-compliant euro stablecoin. A quiet shift in Europe‘s financial landscape is emerging as blockchain technology and regulatory clarity converge to reshape how euros move on-chain.
Cryptocurrency ownership is increasing in the UK, but regulatory clarity and risk awareness are struggling to keep up, according to new findings from the Financial Conduct Authority. According to the research, 12% of UK adults now own cryptocurrency, up from 10% in previous findings, while awareness of cryptocurrency reached 93%, up from 91%.
From 2023 to 2024, the memecoin season marked a period of higher market interest in these primarily speculative assets. This, however, could be ending now that market participants are gradually shifting their focus to utility projects using blockchain.
The cryptocurrency market is navigating turbulent waters today, with the global market cap dipping by 5.97% to $3.17 trillion. Despite the decline, trading volume surged 24.17% to $252.59 billion, signaling heightened market activity. The Fear & Greed Index remains at 80, suggesting extreme greed amidst this pullback.
According to a recent survey by the Financial Conduct Authority (FCA), more than seven million persons in the UK, or 12% of the population, currently own cryptocurrency assets. The post Crypto Ownership in the UK Hits 7 Million Adults: Financial Conduct Authority Reports appeared first on Cryptonews.
Crypto ownership in the UK has increased to 12% of adults, up from 10%, according to the Financial Conduct Authority's (FCA) latest research published on Nov. 26. Awareness of cryptocurrencies also grew, reaching 93% of the adult population.
On Tuesday, UK's top financial regulator – Financial Conduct Authority (FCA) – that it would finalize crypto regulations rules by 2026. The announcement comes as the Keir Starmer government seeks to catch up with global regulatory developments in the crypto space.
The Financial Conduct Authority has announced plans to implement a comprehensive cryptocurrency regulatory framework by 2026.
Binance founder and former CEO Changpeng Zhao (CZ) sparked a debate on meme coins in the crypto space. In a tweet, CZ acknowledged the entertainment value of meme coins but criticized the trend, stating, “I am not against memes, but meme coins are getting ‘a little' weird now.
The world's largest cryptocurrency exchange, Binance, has announced the removal of five major tokens from its trading platform as part of a routine evaluation of listed assets. In a blog post, Binance revealed that the affected tokens are Gifto (GFT), IRISnet (IRIS), SelfKey (KEY), OAX (OAX) and Ren (REN).
Increasingly more countries are preparing crypto regulatory frameworks inspired by Europe's upcoming MiCA regulations.
Justin Sun's $30 million investment in World Liberty Financial marks a strategic move aligning blockchain innovation with Donald Trump's pro-crypto stance.
Morocco is making waves in the financial world by drafting a law to regulate cryptocurrencies. This comes after a 2017 ban that drove crypto activity underground. The country's central bank, Bank Al Maghrib, is taking charge of this effort, seeking to balance innovation with regulation.
Morocco's crypto legalization could boost financial inclusion and innovation, aligning with global trends towards digital currency adoption. The post Morocco set to legalize crypto after 2017 ban appeared first on Crypto Briefing.
EURØP is 1:1 euro-pegged, fully backed by cash, and will launch on Ethereum and Polygon. Schuman Financial complies with MiCA through a French e-money license, enabling SEPA and global bank integration.
The UK's top financial regulator, the FCA, has published a regulatory roadmap that plans to release comprehensive cryptocurrency regulations by 2026.
TL;DR Binance has introduced BFUSD, a reward-bearing margin asset launched on November 27, 2024, offering users the opportunity to earn passive rewards by holding the asset or using it for futures trading.
Over the weekend, the cryptocurrency market faced a sharp decline, with all the top ten largest cryptocurrencies by market cap trading lower. Meanwhile, the total market cap dropped by $362 billion, now sitting at $3.17 trillion. This downturn was driven by a surge in volatility and several other factors that shook the market.
Schuman Financial unveils EURØP, a euro stablecoin designed to meet MiCA regulations.
EURØP is a new stablecoin in the EU market from Schuman Financial to compete with rivals.
Where would we be without interoperability? All alone.
The United Kingdom's digital assets-linked community is growing rapidly, according to the latest report published by the Financial Conduct Authority (FCA). Data shows that crypto awareness in the UK has jumped from 91% to 93%, and the average value of crypto holdings rose from £1,595 to £1,842.
Binance lists a new project on its BNB ‘HODLer' Airdrops campaign, which rewards users “retroactively.”