US stablecoin rules under the GENIUS Act are splitting global liquidity with Europe, creating regional markets and potentially leading to cross-border friction, a report says. The United States’ new approach to stablecoin regulation is reshaping global liquidity flows and driving a sharp structural split with the European Union’s Markets in Crypto-Assets (MiCA) regime, effectively creating separate US and EU stablecoin liquidity pools, according to a new report from blockchain security auditor CertiK. The report finds that the US digital asset market entered a new phase of regulatory clarity in 2025, with federal legislation and administrative reforms now broadly aligned around how digital assets are issued, traded and custodied. At the center of that shift is the GENIUS Act, signed into law by US President Donald Trump in July, which establishes the first federal framework for payment stablecoins. The law imposes strict reserve requirements, bans yield-bearing stablecoins, and formally integrates stablecoin ...
21Shares, one of the largest crypto ETF issuers with $8 billion in assets, continues to introduce more investment products in Europe as an influx of new crypto ETFs hits the US. 21Shares, a major crypto exchange-traded product (ETP) provider, is expanding its offerings in Europe with the launch of six more funds on Sweden’s stock exchange, Nasdaq Stockholm. 21Shares on Thursday announced the cross-listing of six additional products on Nasdaq Stockholm, including ETPs for Aave (AAVE), Cardano (ADA), Chainlink (LINK), Polkadot (DOT) and two crypto basket products. With the expansion, 21shares now offers a total of 16 ETPs on Nasdaq Stockholm, which is just a fraction of multiple offerings available on other European exchanges like SIX Swiss Exchange, Deutsche Börse Xetra, Euronext Amsterdam and more. Read more
Aave said compliant, audited payment pathways are crucial for onboarding new users to decentralized finance. Aave Labs became one of the first major decentralized finance (DeFi) projects to secure authorization under Europe’s new Markets in Crypto-Assets (MiCA) regulation, allowing the company to offer regulated stablecoin ramps across the European Economic Area (EEA). The approval enables “Push,” Aave Labs’ fiat-to-crypto service, to let users convert between euros and crypto assets, including the Aave protocol’s native stablecoin, GHO. The Central Bank of Ireland granted the authorization to Push Virtual Assets Ireland Limited, a wholly-owned subsidiary of Aave Labs. The company selected Ireland for its European operations, signaling that the country is becoming a preferred hub for compliant onchain finance under MiCA. On June 25, the crypto exchange Kraken secured its MiCA authorization in Ireland, allowing it to expand its offerings across Europe. Read more
Binance names Gillian Lynch as head of Europe and UK to lead its MiCA compliance and expansion across regulated crypto markets. Binance, the world’s largest cryptocurrency exchange, has appointed Gillian Lynch as its new head of Europe and the United Kingdom, signaling a renewed push to secure regulatory approval across the region. Lynch brings more than 20 years of leadership experience in fintech, banking and digital assets. She previously held senior roles at Gemini, Bank of Ireland and Leveris. The appointment, announced Friday, comes as Binance faces increasing scrutiny in Europe and seeks to align with the European Union’s Markets in Crypto-Assets Regulation (MiCA). Lynch will oversee Binance’s regional strategy, day-to-day operations and regulatory engagements across key European and UK markets. Read more
Bybit and OKX have both launched MiCA-compliant crypto exchanges in the EU, marking a significant push into Europe’s newly unified regulatory landscape. Update (July 2, 2025, at 2:10 pm UTC): This article has been updated to add commentary by Erald Ghoos, OKX Europe CEO. Crypto exchanges Bybit and OKX both launched fully regulated platforms in Europe this week as regulatory clarity continues to attract major exchanges to the bloc. According to a Wednesday announcement, crypto exchange Bybit.eu launched to serve European Economic Area (EEA) users with a Crypto-Asset Service Provider (CASP) license under the Markets in Crypto-Assets Regulation (MiCA) framework. Under the rules, Bybit’s Austria-based operations, established in late May, are licensed in 29 EEA countries. Read more
Robinhood is offering tokenized US stocks and ETFs on the Arbitrum blockchain to users in Europe. Robinhood’s push into real-world assets (RWAs) is gaining momentum, with the digital brokerage launching a tokenization-focused layer-2 blockchain and introducing stock token trading for users in the European Union. Built on Arbitrum, the new layer-2 network will enable the issuance of over 200 US stock and exchange-traded fund (ETF) tokens, giving European investors access to US assets, Robinhood announced on Monday. Robinhood’s stock tokens will have zero commissions and be available for trading 24 hours a day, five days a week. Read more
Crypto cards now rival banks for everyday purchases in Europe, with nearly half of transactions under $12 and online spending far above the eurozone average. Crypto cards are beating traditional banks in Europe when it comes to small purchases, with 45% of crypto-linked card transactions under 10 euros ($11.7) — a category where cash has historically dominated. According to a report by CEX.IO shared with Cointelegraph, crypto card holders are showing spending patterns that mirror traditional bank card users while embracing online payments at a faster pace. The report noted a 15% rise in newly ordered CEX.IO crypto cards across Europe in 2025, signaling growing interest as more Europeans turn to digital assets for everyday payments. Read more
French lawmaker Sarah Knafo has invited Samson Mow to visit France, and Mow says he is keen to kick off a wave of nation-state Bitcoin adoption across Europe. Jan3 founder Samson Mow is setting his sights on ramping up Bitcoin nation-state adoption in Europe following a positive meeting with pro-Bitcoin French lawmaker Sarah Knafo. “Looking forward to starting a nation-state Bitcoin adoption wave in France and perhaps all of Europe,” Mow said in an X post on Saturday, following his meeting with Sarah Knafo, a French member of the European Parliament, at BTC Prague this week. They discussed plans to develop a Strategic Bitcoin (BTC) Reserve for France and promote “friendly regulations” for the asset. Mow said Knafo has invited his team to France. On the same day, Knafo addressed the meeting with Mow on her X account, stating, “France must take hold of these issues.” Read more