Europe

Mastercard has launched a crypto debit card that will allow users to spend their Bitcoin directly from self-custodial wallets without the involvement of third-party intermediaries.  Expanding Crypto Use in Daily Transactions Mastercard, a global leader in payment solutions, has teamed up with crypto payments provider Mercuryo to introduce a euro-denominated crypto debit card that is set to transform how digital assets are used for everyday transactions, particularly within the European market. This debit card will enable holders of Bitcoin and…

Barcelona, Spain, June 18th, 2024, Chainwire Cryptocurrency money laundering in Europe has been a growing concern for regulatory authorities over the past several years. Indeed, cryptocurrencies have quickly become an attractive tool for money launderers, partly because of their pseudonymous nature and lack of regulations.  While the total cryptocurrency laundered worldwide has gone from $31,5B in 2022 to $22,2B in 2023, this issue remains a highly sensitive topic in Europe, which is prominent in the global flow of illicit cryptocurrency…

With Europe’s comprehensive MiCA regulations coming into effect at the end of this year, it is looking likely that these regulations will not allow Tether to operate in this jurisdiction. What could this mean for Europe and crypto? Tether’s reducing market share Tether is the foremost USD stablecoin in the world, and in Q1 of this year it made record profits of $4.52 billion. However, its market share is slowly reducing, and has descended to around 69%. At the same…

Dubai, United Arab Emirates, June 7th, 2024, Chainwire Bybit, one of the world’s top three crypto exchanges by volume, is proud to announce its recognition as the Crypto Exchange of the Year at the Next Block Expo (NBX), one of the biggest Web3 events in Europe. This prestigious award signifies Bybit's unwavering commitment to innovation, security, and user experience in the dynamic crypto landscape. “Bybit’s recognition as Crypto Exchange of the Year is a testament to their exemplary leadership and…

South America surpasses Europe in cryptocurrency users, with 55 million people using bitcoin and other crypto assets. Argentina’s cryptocurrency ownership rate stands at 18.9%, making it a leading country in global crypto adoption. South America has surpassed Europe in the number of cryptocurrency users, according to the latest report from the analysis firm Triple A. At least 55 million people in South America use bitcoin and other crypto assets, exceeding Europe, which has 49 million users. Triple A highlights that…

In a market witnessing a strong bullish momentum with several cryptos reaching new all-time highs and experiencing price recoveries, the XRP price has remained in a consolidation phase for the past two months after a brief surge in March that took it to its yearly high of $0.7430.  However, recent positive developments and announcements surrounding Ripple, the blockchain payment company associated with XRP, coupled with an intriguing bullish pattern, have sparked speculation of a potential massive uptrend for the XRP…

The exchange maintains its support for USDT in Europe despite upcoming MiCA regulations. Kraken is actively exploring solutions to comply with MiCA while keeping USDT accessible to European traders. Following a recent report from Cryptocurrency News Flash (CNF), Kraken, a leading U.S.-based cryptocurrency exchange, has unveiled a new division aimed at providing tailored services to institutional investors, focusing on capturing a significant portion of the burgeoning Bitcoin ETF market. Simultaneously, it has been confirmed that Kraken will reaffirm its USDT…

Robinhood introduces Solana staking in Europe, offering a 5% APY and competing with major platforms like Coinbase and Phantom. Robinhood expands EU crypto services with Solana staking feature. In a significant expansion of its cryptocurrency services, Robinhood has launched Solana staking for its European customers, providing a new avenue for earning on investments. The feature, promising an initial annual percentage yield (APY) of about 5%, marks Robinhood’s entry into the competitive staking landscape dominated by platforms like Coinbase and Phantom.…

The post Elon Musk’s xAI Launches Grok AI Chatbot in Europe appeared first on Coinpedia Fintech News Elon Musk’s xAI has officially launched its AI chatbot, Grok, in Europe. Grok aims to give users a real-time understanding of current events and tackle “spicy questions.” Designed to serve as a personal search assistant, Grok enhances the user experience by offering insights and timely information. This marks a significant milestone for xAI as it expands beyond the US markets. However, Grok AI…