A new Blockchain for Europe report says MiCA has made euro stablecoins safer but less competitive, and urges targeted reforms to reserves and remuneration. A new report released Monday from industry group Blockchain for Europe argues that the European Union’s flagship crypto laws, the Markets in Crypto-Assets Regulation (MiCA) framework, have produced euro-denominated stablecoins that are ultra-safe but commercially weak, leaving the bloc far behind US dollar-pegged tokens in digital payments and trading. The report cites DeFiLlama data that euro stablecoins account for less than 1% of global stablecoin volume despite the euro’s much larger role in global markets, and argues that MiCA has pushed them onto the “downward-sloping” part of a regulatory "Laffer" curve, where stricter rules reduce the activity they are meant to govern. Drafted by European Central Bank official Ulrich Bindseil and Blockchain for Europe’s Erwin Voloder, the report focuses on MiCA’s rules for euro electronic money tokens, or EMTs, whi...
Bitcoin price action sealed its first weekly candle close above a 21-week moving average trend line since it traded near $115,000 in October 2025. Bitcoin (BTC) counts down the final days of April with a fresh attack on $80,000 as price teases key breakouts. Bitcoin sees its first weekly close above a key trend line since October 2025. Liquidity grabs ramp up as traders eye a potential support retest closer to $70,000. Read more
ETH's price may drop 15% or more in the coming days as it paints a convincing bearish reversal pattern on its daily chart. Ether (ETH) has surged more than 10% in April, reaching as high as $2,430 this month amid renewed market optimism. Yet during the same period, the Ethereum Foundation, a nonprofit overseeing the Ethereum protocol’s development, has continued notable treasury sales. Key takeaways: Read more
Kbank partnered with Ripple to test blockchain-based overseas remittances as South Korean companies prepare for new stablecoin and digital asset rules. South Korean internet-only bank Kbank has signed a strategic partnership with blockchain payments company Ripple to test blockchain-based overseas remittances. According to local media outlets like News1, The Korea Herald and Maeil Business, Kbank CEO Choi Woo-hyung and Fiona Murray, Ripple’s Asia-Pacific managing director, signed the agreement at Kbank’s Seoul headquarters. The bank said the partnership will use Ripple’s global network and blockchain infrastructure to test whether overseas remittances can be made faster, cheaper and more transparent. The companies are already conducting a phased technical verification. The first phase reportedly tested a separate app-based remittance structure, while the second phase is digitally linking customer accounts and internal systems to test remittance stability. It includes onchain transfers to countries such as th...