The Crypto.com exchange finds itself at the center of a new cybersecurity case. According to Bloomberg, an attack carried out by a teenager and his accomplice allegedly allowed the disclosure of users' personal data. An episode all the more worrying as the platform reportedly chose to keep this breach silent.
Donald Trump re-enters the crypto arena. Through Trump Media, his group partners with Crypto.com and Yorkville Acquisition to launch a structure valued at 6.42 billion dollars, entirely based on CRO. The goal is to build the largest public crypto treasury, with a planned listing on Nasdaq.
While Trump rushes headlong to save his stablecoins, Europe is rolling out MiCA and taking the crypto prize. What if, for once, bureaucracy won the race?
While some stash their gold under the mattress, Binance piles up billions in bitcoin... and no need for a Swiss safe for crypto to keep shining!
Kraken removes USDT from its platform in Europe and is considering a USD stablecoin. Discover this upheaval in the crypto market!
The European Union is intensifying its control over non-compliant stablecoins in accordance with its new regulations. Crypto.com has just announced the removal of Tether (USDT) and nine other cryptocurrencies in Europe, a decision that marks a shift for the sector. Such an initiative directly responds to the requirements of the MiCA regulation (Markets in Crypto-Assets Regulation), which imposes strict oversight of stablecoins and associated services. Following Coinbase, which removed USDT in October 2024, Crypto.com is following suit and imposing a precise timeline on its users. As of January 31, 2025, the purchasing and depositing of these assets will be banned on its European platform. Starting March 31, the remaining funds will be automatically converted into MiCA-compliant stablecoins. This removal goes beyond mere compliance. It reshapes the stablecoin landscape in Europe, where exchanges must now adapt to the new rules or risk sanctions. In a rapidly changing market, this announcement underscores the regulators' desire to impose a strict framework and raises uncertainties about the future of decentralized stablecoins in the EU.
OKX and Crypto.com obtain their MiCA licenses. They gain access to 400M customers in 30 European crypto markets. Details here!
In 2024, the adoption of cryptocurrencies remains a subject of great interest, influencing financial markets and sparking debates on regulation. While financial giants integrate blockchain solutions, countries are exploring the creation of official digital currencies. However, persistent challenges such as price volatility and security concerns hinder widespread adoption. At the same time, communities and businesses are exploring new applications of crypto, from decentralized finance to asset tokenization. The future of crypto adoption continues to be dynamically influenced by technological, regulatory, and social factors. In this article, let's take a look back at the state of crypto adoption despite the tumultuous context of this industry.