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Legalization of cryptocurrencies in Ukraine
And so, in Ukraine, despite the ongoing war, the Verkhovna Rada of Ukraine is considering a bill on the legalization of the currency market🤔🤔 in 2025. I report that according to articles on the internet, it is stated that on August 19, the Verkhovna Rada plans to start consideration of bill No. 10225-d in the first reading, which provides for the legalization of the virtual assets market. What do you say?
Zveruga:
Какая легализация крипты? Лучше думайте, как сдклать так, чтобы страна сохранилась на карте.
MiCA Powers a Crypto Shift in EU Firms
With MiCA clarity now here, Europe’s corporations are embracing crypto for the first time—regulation is fueling adoption.
#MiCA #CryptoAdoption #EU #Regulation #Blockchain
With MiCA clarity now here, Europe’s corporations are embracing crypto for the first time—regulation is fueling adoption.
#MiCA #CryptoAdoption #EU #Regulation #Blockchain
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Google confirms that non-custodial wallets are exempt from new regulations on the Play Store
Google has just updated policy #PlayStore for cryptocurrency applications, but quickly clarified that non-custodial wallets (self-managed wallets) will be exempt. This decision was made after the cryptocurrency community expressed concerns that the new regulations could affect self-managed wallets on Android devices.
The new regulations and clear distinction
According to the new policy, custodial wallet applications (wallets that hold funds on behalf of users), such as those from exchanges, will need specific licenses for each jurisdiction, including #MiCA in the EU, registration with the FCA in the UK, and FinCEN in the US. These regulations will come into effect from October 29.
However, Google has confirmed to Decrypt that this policy does not apply to non-custodial wallets. This means that users can still use self-managed wallets on Android without worrying about licensing requirements.
Impact and control of Big Tech
Although initial concerns have been alleviated, this incident still shows that tech "giants" like Google have significant control over app distribution. Jacob Wittman from the Plasma Foundation remarked that although the new policy does not greatly affect users, it serves as a reminder of the cryptocurrency industry's dependence on centralized platforms. #anhbacong
Google has just updated policy #PlayStore for cryptocurrency applications, but quickly clarified that non-custodial wallets (self-managed wallets) will be exempt. This decision was made after the cryptocurrency community expressed concerns that the new regulations could affect self-managed wallets on Android devices.
The new regulations and clear distinction
According to the new policy, custodial wallet applications (wallets that hold funds on behalf of users), such as those from exchanges, will need specific licenses for each jurisdiction, including #MiCA in the EU, registration with the FCA in the UK, and FinCEN in the US. These regulations will come into effect from October 29.
However, Google has confirmed to Decrypt that this policy does not apply to non-custodial wallets. This means that users can still use self-managed wallets on Android without worrying about licensing requirements.
Impact and control of Big Tech
Although initial concerns have been alleviated, this incident still shows that tech "giants" like Google have significant control over app distribution. Jacob Wittman from the Plasma Foundation remarked that although the new policy does not greatly affect users, it serves as a reminder of the cryptocurrency industry's dependence on centralized platforms. #anhbacong
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Google has closed the Play Store for crypto services!
The tech giant #Google has set new requirements for cryptocurrency applications in the Play Store.
According to them, without licenses, they cannot access the marketplace.
In the USA, official approval is required #FinCEN , while in the EU, compliance with #MiCA is necessary.
Google has updated its rules for listing cryptocurrency applications in the Play Store, prohibiting the publication of custodial wallets and crypto exchanges without official licenses in key jurisdictions. The requirements are published in the official documentation for Google Play developers.
According to them, without licenses, they cannot access the marketplace.
In the USA, official approval is required #FinCEN , while in the EU, compliance with #MiCA is necessary.
Google has updated its rules for listing cryptocurrency applications in the Play Store, prohibiting the publication of custodial wallets and crypto exchanges without official licenses in key jurisdictions. The requirements are published in the official documentation for Google Play developers.
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🚨 Google Play strikes at crypto wallets!
Now, to list a crypto wallet in the USA, EU, and 13 other countries, developers need to have official licenses:
• 🇺🇸 FinCEN MSB in the USA
• 🇪🇺 MiCA in the EU
📌 And yes, the rule applies to both custodial and non-custodial wallets.
This means that most non-custodial wallets simply won't be able to pass the Google Play filter.
⚡ The survival game has begun: the market is waiting for a cleanup, and big players have a chance to capture a share of the small ones.
❓ What do you think, is this a blow to decentralization or a step towards protecting users?
@Крипто Тренды и Технологии
$ARB
#GooglePlay #Криптокошелек #MiCA #FinCEN
$WCT
$NOT
Now, to list a crypto wallet in the USA, EU, and 13 other countries, developers need to have official licenses:
• 🇺🇸 FinCEN MSB in the USA
• 🇪🇺 MiCA in the EU
📌 And yes, the rule applies to both custodial and non-custodial wallets.
This means that most non-custodial wallets simply won't be able to pass the Google Play filter.
⚡ The survival game has begun: the market is waiting for a cleanup, and big players have a chance to capture a share of the small ones.
❓ What do you think, is this a blow to decentralization or a step towards protecting users?
@Крипто Тренды и Технологии
$ARB
#GooglePlay #Криптокошелек #MiCA #FinCEN
$WCT
$NOT
Denis:
Некостодиальные кошельки не прошедшие FinCEN и MiCA им тогда либо предлагать скачивать кошельки через APK на сайте или на F-Droid. iPhone сложнее там только через App store.
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📉 Coinbase closed 80% of offices in the EU due to regulatory risks
Financial report Q2 2024 on MiCA licensing requirements
Saved jurisdictions: Ireland, Malta
300 employees laid off.
EU users redirected to Binance and Kraken.
#coinbase #MiCA #CryptoExchanges $BNB
Financial report Q2 2024 on MiCA licensing requirements
Saved jurisdictions: Ireland, Malta
300 employees laid off.
EU users redirected to Binance and Kraken.
#coinbase #MiCA #CryptoExchanges $BNB
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⚖️ The EU has introduced fines of up to 10% of turnover for illegal use of stablecoins
According to the MiCA regulation (effective from 30.06.2024):
Stablecoins without ECB licensing are prohibited
Example: action against Tether (EUR₮) in Germany on 12.08.2024
Exception: ECB CBDC pilots on RippleNet and Quant.
#MiCA #Stablecoins #Eu #Regulation $XRP
According to the MiCA regulation (effective from 30.06.2024):
Stablecoins without ECB licensing are prohibited
Example: action against Tether (EUR₮) in Germany on 12.08.2024
Exception: ECB CBDC pilots on RippleNet and Quant.
#MiCA #Stablecoins #Eu #Regulation $XRP
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Tether makes a strategic investment in Bit2Me, responding to the EU's MiCA regulation
Tether, the issuer of stablecoin #USDT , has acquired a stake and become the main investor in the €30 million funding round of Bit2Me, a leading cryptocurrency platform in the Spanish-speaking market.
Expanding influence in the European market
This move by Tether is seen as a strategic step to respond to the EU's #MiCA regulation. MiCA imposes strict requirements on stablecoins, and Tether is looking to maintain its influence in this area. With Bit2Me recently receiving an operational license under EU regulations, this partnership gives Tether an important foothold in the legally compliant cryptocurrency ecosystem in Europe.
Multi-faceted strategic goals
Through this investment, Tether sets clear objectives:
Legalization: Overcoming the barriers of the MiCA regulation, potentially supporting or launching a compliant version of USDT with these regulations.
Market expansion: Leveraging Bit2Me's growth in the Latin American region to expand its presence.
The investment in #Bit2Me is not just a purely business move but also part of Tether's long-term strategy to strengthen its position in the global market, especially in the context of increasingly stringent legal regulations.
Tether, the issuer of stablecoin #USDT , has acquired a stake and become the main investor in the €30 million funding round of Bit2Me, a leading cryptocurrency platform in the Spanish-speaking market.
Expanding influence in the European market
This move by Tether is seen as a strategic step to respond to the EU's #MiCA regulation. MiCA imposes strict requirements on stablecoins, and Tether is looking to maintain its influence in this area. With Bit2Me recently receiving an operational license under EU regulations, this partnership gives Tether an important foothold in the legally compliant cryptocurrency ecosystem in Europe.
Multi-faceted strategic goals
Through this investment, Tether sets clear objectives:
Legalization: Overcoming the barriers of the MiCA regulation, potentially supporting or launching a compliant version of USDT with these regulations.
Market expansion: Leveraging Bit2Me's growth in the Latin American region to expand its presence.
The investment in #Bit2Me is not just a purely business move but also part of Tether's long-term strategy to strengthen its position in the global market, especially in the context of increasingly stringent legal regulations.
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Binance and BBVA join forces to promote digital assets.
🔐 In this agreement, customer funds will be backed by U.S. Treasury bonds, which #Binance aceptará will accept as margin for trading, reducing the risk of scenarios similar to the FTX collapse.
⚙️ With its integration into Binance, #BBVA consolidates its role as a key player in the institutional custody of crypto assets, backed by its reputation and strict regulatory compliance.
🌐 This alliance could set a precedent for future collaborations between banks and exchanges, in a market that demands safe and transparent solutions.
⚖️ The European regulatory framework #MiCA and regulatory advances in the United States have created a more predictable environment for services related to digital assets.
Massive adaptation scaling.
🔐 In this agreement, customer funds will be backed by U.S. Treasury bonds, which #Binance aceptará will accept as margin for trading, reducing the risk of scenarios similar to the FTX collapse.
⚙️ With its integration into Binance, #BBVA consolidates its role as a key player in the institutional custody of crypto assets, backed by its reputation and strict regulatory compliance.
🌐 This alliance could set a precedent for future collaborations between banks and exchanges, in a market that demands safe and transparent solutions.
⚖️ The European regulatory framework #MiCA and regulatory advances in the United States have created a more predictable environment for services related to digital assets.
Massive adaptation scaling.
Tether acquires stake in Bit2Me to boost EU, Latin America expansion
Tether acquired a minority stake in Bit2Me to expand its presence in Latin America and the EU
Summary
Tether led a €30 million funding round in Bit2Me
Bit2Me recently secured a license to operate under MiCA regulations
The firm will use the funds to expand in Latin America and the European Union
Tether is expanding its presence in Latin America and the European Union. On Thursday, August 7, Tether acquired a minority stake in Bit2Me, one of the largest crypto platforms focused on Spanish speakers. As part of the deal, Tether is leading a €30 million funding round in the firm.
The investment comes after Bit2Me acquired Spain’s Crypto-Asset Service Provider license. This enables the exchange to comply with the European Union’s MiCA regulation, giving it authorization to operate in all 27 EU member states.
“Bit2Me has consistently demonstrated its commitment to building compliant, secure, and intuitive infrastructure for the digital asset ecosystem,” said Paolo Ardoino, CEO of Tether.
You might also like:
TRON becomes primary settlement layer for Tether’s USDT, data show
Bit2Me co-founder and COO Andrei Manuel explained that the funds raised will be used to expand the company’s presence in the EU and Latin America. In particular, the focus will be on Argentina, which has long been struggling with macroeconomic instability.
“With their backing, we aim to accelerate our leadership in Europe and Latin America, markets that are just beginning to unlock the power of decentralized finance,” Andrei Manuel, Bit2me.
Tether threatened by EU, U.S. regulations
This investment comes despite Tether’s ongoing regulatory issues in the European Union. Notably, MiCA regulations demand strict disclosures for stablecoin issuers. However, this was something Tether was unwilling to provide, effectively blocking it from the EU market.
Tether may soon face similar challenges in the United States, which recently passed the GENIUS Act.
#tether #bit2me #latinamerica #MICA #EuropeanUnion
Tether acquired a minority stake in Bit2Me to expand its presence in Latin America and the EU
Summary
Tether led a €30 million funding round in Bit2Me
Bit2Me recently secured a license to operate under MiCA regulations
The firm will use the funds to expand in Latin America and the European Union
Tether is expanding its presence in Latin America and the European Union. On Thursday, August 7, Tether acquired a minority stake in Bit2Me, one of the largest crypto platforms focused on Spanish speakers. As part of the deal, Tether is leading a €30 million funding round in the firm.
The investment comes after Bit2Me acquired Spain’s Crypto-Asset Service Provider license. This enables the exchange to comply with the European Union’s MiCA regulation, giving it authorization to operate in all 27 EU member states.
“Bit2Me has consistently demonstrated its commitment to building compliant, secure, and intuitive infrastructure for the digital asset ecosystem,” said Paolo Ardoino, CEO of Tether.
You might also like:
TRON becomes primary settlement layer for Tether’s USDT, data show
Bit2Me co-founder and COO Andrei Manuel explained that the funds raised will be used to expand the company’s presence in the EU and Latin America. In particular, the focus will be on Argentina, which has long been struggling with macroeconomic instability.
“With their backing, we aim to accelerate our leadership in Europe and Latin America, markets that are just beginning to unlock the power of decentralized finance,” Andrei Manuel, Bit2me.
Tether threatened by EU, U.S. regulations
This investment comes despite Tether’s ongoing regulatory issues in the European Union. Notably, MiCA regulations demand strict disclosures for stablecoin issuers. However, this was something Tether was unwilling to provide, effectively blocking it from the EU market.
Tether may soon face similar challenges in the United States, which recently passed the GENIUS Act.
#tether #bit2me #latinamerica #MICA #EuropeanUnion
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Norway Indicts 4 Individuals Related to 87 Million USD Crypto Scam
Norwegian authorities have indicted four men for operating a Ponzi investment scheme that defrauded nearly 963 million NOK (86.5 million USD) from investors between 2015-2018. The scammers lured victims into investing in 'virtual' product packages, including cryptocurrencies and stocks, but in reality, no actual investments were made.
Ponzi Scheme – Preying on Investor Trust
Ponzi Scheme – Preying on Investor Trust
USDT & USDC Banned in Poland: What Binance Traders Need to Know
Starting May 16, 2025, Binance users in Poland won’t be able to:
Open USDT/USDC Futures
Use stablecoins in Margin or Loans
Subscribe to Dual Investment products
What stays? BTC/ETH-Margined contracts are still allowed.
Why? It’s likely due to EU’s MiCA regulations on stablecoins. Binance is getting ahead of the compliance curve.
What it means for you:
Say goodbye to stablecoin-based strategies
Get ready for more volatility risk
Only crypto-backed contracts will remain
Will Binance close your current positions?
No. But you can’t open new ones after May 16.
Poland today, EEA tomorrow?
This might just be the beginning.
Stay informed. Stay ready.
#Binance #USDT #USDC #CryptoRegulation #MiCA
Starting May 16, 2025, Binance users in Poland won’t be able to:
Open USDT/USDC Futures
Use stablecoins in Margin or Loans
Subscribe to Dual Investment products
What stays? BTC/ETH-Margined contracts are still allowed.
Why? It’s likely due to EU’s MiCA regulations on stablecoins. Binance is getting ahead of the compliance curve.
What it means for you:
Say goodbye to stablecoin-based strategies
Get ready for more volatility risk
Only crypto-backed contracts will remain
Will Binance close your current positions?
No. But you can’t open new ones after May 16.
Poland today, EEA tomorrow?
This might just be the beginning.
Stay informed. Stay ready.
#Binance #USDT #USDC #CryptoRegulation #MiCA
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Ukraine Proposes 23% Tax on Crypto: Will Cryptocurrency Still Be a “Paradise” in This Country?
On April 10, 2025, Ukraine's leading financial regulatory agency – the National Securities and Stock Market Commission (NSSMC) – proposed a new tax policy imposing a personal income tax rate of up to 23% on certain cryptocurrency transactions. With the aim of preventing financial abuse and attracting investment, will this move change the “playing field” for crypto in Ukraine? Let’s analyze in detail.
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Tether-supported companies launch MiCA-compliant stablecoins in Europe
Two companies supported by Tether — StablR and Oobit — announced the launch of MiCA-compliant stablecoins in Europe to fill the gap caused by the delisting of $USDT due to EU regulatory requirements. StablR, focused on regulatory compliance, will issue stablecoins $EURR (pegged to the euro) and $USDR (pegged to the dollar), tokenized through the new Tether Hadron platform. These assets meet MiCA requirements, including full reserves and regular audits. Oobit, which raised $25 million in a Series A funding round, is integrating these stablecoins into its cryptocurrency payment platform, offering 5% cashback to encourage usage. The launch comes amid the full implementation of MiCA in December 2024, leading to the delisting of non-compliant stablecoins like USDT on exchanges, including Binance and Kraken. According to crypto.news, 70% of cryptocurrency payments in the EU are used for everyday purchases, highlighting the demand for regulated digital currencies. The collaboration between StablR and Oobit aims to position stablecoins as a primary payment instrument in Europe, aligning with Tether's strategy to maintain market presence through regulated alternatives.
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The UK Rejects the National Crypto Reserve: A Unique Path for Digital Assets?
On May 6, 2025, UK Economic Secretary to the Treasury Emma Reynolds dismissed the idea of a national crypto reserve fund, asserting that it is 'not suitable for our market.' However, the UK is still cooperating with the US on digital assets. Is this a smart strategy for the future? Let's analyze in detail.
The UK Says No to Crypto Reserves
Speaking at the Financial Times Digital Assets Summit in London, Emma Reynolds, UK Economic Secretary to the Treasury, stated that the UK will not follow the US in accumulating Bitcoin for a national reserve fund: 'That is not our plan. We understand that the US is doing that, but it does not fit our market.' This stance contrasts with the US, where states like Texas and New Hampshire are pursuing Bitcoin reserve legislation, and the national fund of Bhutan holds 7,486 BTC ($720 million).
The UK Says No to Crypto Reserves
Speaking at the Financial Times Digital Assets Summit in London, Emma Reynolds, UK Economic Secretary to the Treasury, stated that the UK will not follow the US in accumulating Bitcoin for a national reserve fund: 'That is not our plan. We understand that the US is doing that, but it does not fit our market.' This stance contrasts with the US, where states like Texas and New Hampshire are pursuing Bitcoin reserve legislation, and the national fund of Bhutan holds 7,486 BTC ($720 million).
🚨 Crypto Crime Alert! Are Your Assets at Risk? 🚨
Luxembourg is raising alarms 🚩 about money laundering in the crypto world! They've classified Virtual Asset Service Providers (VASPs) as "high-risk," meaning exchanges and other crypto services face intense scrutiny.
Why? Because crypto transactions can be large, international, and tough to trace 🔎. The EU is also tightening regulations with MiCA, aiming to create a safer crypto space. While some platforms are playing by the rules, others aren't so keen, leading to delistings.
Meanwhile, authorities are cracking down on crypto-related crime, with busts happening across the globe 🌎. From Hong Kong to Europe, criminals are using crypto to launder millions. This highlights the importance of security and regulation in the crypto world, as the authorities keep getting better at finding and stopping illicit flows.
What do you think of these increasing regulations? Stay tuned for the latest updates!
#CryptoSecurity #MoneyLaundering #MiCA #Regulation
Luxembourg is raising alarms 🚩 about money laundering in the crypto world! They've classified Virtual Asset Service Providers (VASPs) as "high-risk," meaning exchanges and other crypto services face intense scrutiny.
Why? Because crypto transactions can be large, international, and tough to trace 🔎. The EU is also tightening regulations with MiCA, aiming to create a safer crypto space. While some platforms are playing by the rules, others aren't so keen, leading to delistings.
Meanwhile, authorities are cracking down on crypto-related crime, with busts happening across the globe 🌎. From Hong Kong to Europe, criminals are using crypto to launder millions. This highlights the importance of security and regulation in the crypto world, as the authorities keep getting better at finding and stopping illicit flows.
What do you think of these increasing regulations? Stay tuned for the latest updates!
#CryptoSecurity #MoneyLaundering #MiCA #Regulation
🚨 EU Expands MiCA Framework to Cover Derivatives – What It Means for Crypto Traders 🚨
In a move that's shaking the crypto world, the European Union has expanded the MiCA (Markets in Crypto-Assets) framework to now include crypto derivatives. This is a game-changer. It means tighter oversight, more transparency, and a direct impact on how exchanges like Binance operate within Europe.
Why should you care? Because this shocking update could reshape how coins like BNB, ETH, XRP, SOL, and ADA are traded — especially when it comes to futures and options.
Experts say this could boost investor confidence, attract institutional money, but also increase compliance pressure on platforms. If you're trading on Binance, expect more rules, but also possibly more stability in the long run.
🔥 Shocking Insight: Unregulated crypto derivatives in the EU may soon become a thing of the past.
“The EU is leading global crypto regulation. This expansion shows they’re serious about making crypto safer,” – EU Parliament Insider
Key Takeaways
✅ MiCA now covers crypto derivatives
✅ Stricter oversight = safer markets
✅ Binance and other exchanges must adapt
✅ Could push up demand for regulated coins
✅ Potential rise in $BNB and stablecoin utility
Get ready, crypto fam. This is just the beginning of global regulation. Stay ahead, stay informed.
$BNB
$ETH
#Binance #CryptoNews #MiCA #CryptoRegulation #CryptoDerivatives
In a move that's shaking the crypto world, the European Union has expanded the MiCA (Markets in Crypto-Assets) framework to now include crypto derivatives. This is a game-changer. It means tighter oversight, more transparency, and a direct impact on how exchanges like Binance operate within Europe.
Why should you care? Because this shocking update could reshape how coins like BNB, ETH, XRP, SOL, and ADA are traded — especially when it comes to futures and options.
Experts say this could boost investor confidence, attract institutional money, but also increase compliance pressure on platforms. If you're trading on Binance, expect more rules, but also possibly more stability in the long run.
🔥 Shocking Insight: Unregulated crypto derivatives in the EU may soon become a thing of the past.
“The EU is leading global crypto regulation. This expansion shows they’re serious about making crypto safer,” – EU Parliament Insider
Key Takeaways
✅ MiCA now covers crypto derivatives
✅ Stricter oversight = safer markets
✅ Binance and other exchanges must adapt
✅ Could push up demand for regulated coins
✅ Potential rise in $BNB and stablecoin utility
Get ready, crypto fam. This is just the beginning of global regulation. Stay ahead, stay informed.
$BNB
$ETH
#Binance #CryptoNews #MiCA #CryptoRegulation #CryptoDerivatives
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Societe Generale, the third largest bank in France, launches USD-pegged stablecoin USDCV, issued by its subsidiary SG-Forge on Ethereum and Solana, expected to trade from July 2025. With a global stablecoin market capitalization reaching $250 billion (according to CoinMarketCap, as of June 11, 2025), USDCV complies with EU law #MiCA and is custodied by BNY Mellon, providing reliability for crypto transactions, cross-border payments, and DeFi.
As the first stablecoin from a major European bank, #USDCV competes with USDT and $USDC , while reflecting the trend of financial institutions like JPMorgan Chase and Deutsche Bank entering the market. The combination of traditional finance and blockchain by Societe Generale strengthens the potential of stablecoins, opening opportunities for decentralized financial applications in Europe and the US.
Risk warning: Investing in cryptocurrency carries high risks due to strong price volatility. #anhbacong
As the first stablecoin from a major European bank, #USDCV competes with USDT and $USDC , while reflecting the trend of financial institutions like JPMorgan Chase and Deutsche Bank entering the market. The combination of traditional finance and blockchain by Societe Generale strengthens the potential of stablecoins, opening opportunities for decentralized financial applications in Europe and the US.
Risk warning: Investing in cryptocurrency carries high risks due to strong price volatility. #anhbacong
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