Europe

BNP Paribas buys 1,030 shares of BlackRock's IBIT, marking institutional interest in Bitcoin ETFs despite past reservations. This signals growing validation for crypto investments amid market shifts.

EU regulations like MiCA challenge Binance's operations. France scrutinizes Binance's ownership due to founder's conviction. Richard Teng appointed CEO to address regulatory issues. Binance faces setbacks in other EU countries.

New EU laws enforce stricter due diligence for crypto companies to prevent money laundering, overseen by AMLA and impacting CASPs under MiCA.

Strike brings Bitcoin services to Europe amid crypto boom. Offers low fees, global reach with $80M backing. Expands competition with eToro, Coinbase.

EU securities regulator warns of high concentration on few crypto exchanges, low Euro adoption, challenges to crypto's safe-haven status.

High-stakes duel: ECB eyes June rate cut amidst Eurozone's deflating inflation, while Fed treads cautiously amid robust US growth. Who'll make the first move? Timing is everything in this global economic chess match.

The ECB's skepticism towards Bitcoin clashes with the X community and Charles Hoskinson's defense, highlighting the debate over cryptocurrency's legitimacy and future in the financial ecosystem.

Europe bullish on crypto: 73% optimistic, 55% exclusively in digital assets, daily usage up to 55%. Key drivers: returns, decentralization, innovation. 82% have over a year of crypto experience. Active traders at 53%. Exciting times for Europe's crypto scene!

The European Central Bank (ECB) remains cautious about Bitcoin, considering it a speculative asset lacking intrinsic value. ECB Executive Director Isabel Schnabel emphasized the risks and volatility associated with Bitcoin. The ECB's focus is on developing a digital euro, set to launch in 2026, aiming to provide a secure and efficient means for daily payments while maintaining privacy standards and regulatory control. Schnabel clarified that the digital euro would coexist with paper money and is not intended to replace it.

Coinbase's planned acquisition of a MiFID-licensed entity in Cyprus, subject to regulatory approval, aims to expand its derivatives offerings in the EU, tapping into a market that constitutes a significant portion of global crypto trading.