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.

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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.

Jumatano, 24. Mwezi wa kumi na mbili 2025, 01:12:22

EU's DAC8 crypto tax reporting begins in January

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