MiCA
A consortium of major European banks called Qivalis is holding advanced discussions with crypto exchanges and liquidity providers ahead of launching a euro-pegged stablecoin in the second half of 2026. The initiative aims to create a regulated alternative to U.S. dollar stablecoins for blockchain-based payments within the EU. Backed by bank deposits and sovereign bonds, the token seeks to enhance the bloc's autonomy in digital finance.
Reported by AI
France's financial watchdog has reminded cryptocurrency companies that only 30% of unlicensed firms have applied for the required Markets in Crypto-Assets (MiCA) license. Regulators note that 40% show no interest in seeking approval, while another 30% remain undecided. Unlicensed operators face cessation of activities in France by July.