🎙️ TUNE IN: Europe is rethinking its crypto rules.In @savannah_fortis latest Byte-Sized Insight, we look at the EU’s push to move crypto supervision under ESMA and what that means for firms across the region.@LewinBoehnke breaks down why MiCA works, where adoption is slowing, and how centralizing oversight could reduce friction in the EU. ...

Poland becomes EU's lone MiCA holdout after parliament fails to overturn veto on crypto bill https://t.co/xkW4b1mLHH ...

BPCE, France’s €1 trillion banking giant and the country’s second-largest financial group, will allow customers to buy Bitcoin, Ethereum, Solana, and USDC directly inside its mobile banking apps beginning Monday, Dec. 8. The move, first reported by The Big Whale, represents one of Europe’s most significant steps in integrating cryptocurrency transactions into banking institutions and infrastructure. According to an exclusive report from Raphaël Bloch, French co-founder of on-chain analytics firm TheBigWha ...

Core Insights - The euro stablecoin market has experienced a significant rebound since the implementation of the EU's Markets in Crypto-Assets Regulation (MiCA), with market capitalization doubling to approximately $680 million by May 2025 [1][3] Market Performance - The "Euro Stablecoin Trends Report 2025" indicates a potential shift in the euro stablecoin market, contrasting with a 48% contraction in the previous year and a 26% increase in the total stablecoin market cap [2] - The euro stablecoin market cap has climbed to around $500 million by May 2025, primarily due to improved issuer obligations and standardized reserve requirements [3] - Despite the growth, the euro stablecoin market remains a small fraction of the $300 billion market dominated by U.S. dollar-pegged tokens, particularly Tether's USDT and Circle Internet's USDC [3] Token Performance - Growth has been concentrated among standout tokens, with EURS issued by Stasis seeing a dramatic increase of 644% to $283.9 million by October 2025 [4] - Circle Internet's EURC and Societe Generale's EURCV also recorded significant gains, contributing to the overall market growth [4] Transaction Activity - Monthly transaction volume for euro stablecoins surged nearly ninefold to $3.83 billion following MiCA's implementation, with EURC and EURCV experiencing volume increases of 1,139% and 343% respectively [5] - The surge in transaction activity is attributed to increased usage in payments, fiat on-ramps, and digital-asset trading [5] Consumer Awareness - Consumer awareness of euro stablecoins has risen, with notable spikes in search activity across the EU, including a 400% increase in Finland and 313.3% in Italy, along with steady growth in Cyprus and Slovakia [6]

The European Commission has proposed shifting oversight of crypto firms from individual member states to the EU-level regulator ESMA to reduce fragmentation in MiCA enforcement and improve cross-border supervision. The move aims to unify financial-market regulation across the bloc but still requires approval from the European Parliament and Council. https://t.co/9wmdvvpyJE ...

KuCoin’s European subsidiary has secured a MiCA license in Austria, allowing it to offer regulated crypto-asset services across the entire EEA. Under MiCA’s passporting rules, firms licensed in one EU member state can operate in all 29 countries. The approval follows KuCoin’s recent registration with AUSTRAC in Australia. https://t.co/8TO3cHnUDz ...

🇪🇺 NEW: Pooled Order Books in the Crosshairs as EU Regulators Look to Tighten MiCA Oversight@IanAllison123 reports.https://t.co/ajtyG6dNpW ...

Core Viewpoint - Europe's existing crypto regulations already include safeguards against risks associated with stablecoins, despite warnings from the European Central Bank (ECB) regarding potential threats to financial stability [1]. Group 1: Regulatory Concerns - The ECB and the European Systemic Risk Board (ESRB) have called for a ban on the "multi-issuance" model, which allows global stablecoin firms to treat EU-issued tokens as interchangeable with those issued outside the EU [2]. - The ESRB highlighted that a rush by non-EU holders to redeem EU-issued tokens could exacerbate financial instability within the bloc [2]. - The European Banking Authority (EBA) acknowledged the risks related to massive redemption requests but noted that the severity of these risks depends on the stablecoin's business model and scale [2][3]. Group 2: Safeguards and Supervision - The EBA emphasized the need for necessary safeguards following the Markets in Crypto-Assets (MiCA) regulation to mitigate risks associated with stablecoins [3]. - Issuers of stablecoins are required to maintain liquid assets to meet potential redemption requests, which should be effective on a global scale [4]. - The EBA will directly supervise significant stablecoins, while national regulators will oversee MiCA-licensed entities [5]. Group 3: Market Dynamics - Stablecoins currently represent a small segment of the financial system but are experiencing rapid growth, particularly driven by Tether based in El Salvador [5]. - Circle's USDC, the largest EU-regulated stablecoin utilizing the multi-issuance model, has $75 billion in tokens in circulation [5]. - Concerns have been raised by national regulators regarding the potential inability to transfer reserves from the U.S. to Europe to fulfill redemption requests [6].

Regulatory Framework - MiCA is setting a global benchmark as the first unified framework for crypto-assets [1] - The industry is learning from the DLT pilot regime and how it should evolve [1]

Zerohash Europe has become one of the latest firms to secure authorization under the European Union’s landmark Markets in Crypto-Assets Regulation (MiCA) framework, winning approval from the Dutch Authority for the Financial Markets (AFM). The license allows Zerohash to provide regulated crypto-asset and stablecoin infrastructure services across the entire European Economic Area (EEA), a milestone that positions the company among the first fully compliant service providers under Europe’s unified rulebook ...