EU officials plan to reassess MiCA as companies test its limits, with industry feedback set to shape potential changes to the bloc’s crypto framework. A European Commission adviser said the European Union’s landmark MiCA crypto regime is likely to evolve as digital asset markets develop beyond the conditions the law was originally designed to address. Speaking at the Paris Blockchain Week (PBW) 2026, Peter Kerstens, an adviser on technological innovation, digital transformation and cybersecurity at the European Commission’s financial services department, said the Commission will review the Markets in Crypto-Assets Regulation (MiCA) and launch a public consultation to assess whether the rules are working for market participants and supporting business development. The remarks suggest EU policymakers are already thinking about how MiCA may need to evolve as the crypto market matures. Kerstens said he could not predict the future, but added that EU financial legislation typically evolves in stages, suggesting it...
The exchange said the new product is available across the European Economic Area through its Malta-based MiFID business, with up to 10x leverage and multi-asset collateral. OKX said Wednesday it is rolling out a Europe-specific crypto derivatives product called X-Perps, extending its regulated offering across the European Economic Area (EEA) through its Malta-based MiFID business. The company said the new derivatives product is available to retail and institutional traders across all 30 EEA countries. OKX said the platform is purpose-built in compliance with the Markets in Financial Instruments Directive (MiFID), a European Union regulatory framework governing financial instruments such as securities and derivatives. Read more
EToro is set to acquire self-custodial wallet provider Zengo, and the trading platform’s CEO predicted a Bitcoin rally above $250,000 after another quarter of crypto market downside. EToro said Wednesday it agreed to acquire self-custodial crypto wallet provider Zengo, deepening the trading platform’s push into onchain products as digital assets remain central to its business. The deal will let eToro add Zengo’s wallet technology and broaden its offering in areas such as tokenized assets, prediction markets, perpetuals and yield products, according to the company. Terms were not disclosed. Bloomberg reported the transaction is worth about $70 million, mostly in cash, citing a person familiar with the matter. CEO Yoni Assia said at Paris Blockchain Week during a fireside chat that the acquisition fits eToro’s effort to attract a more crypto native user base while expanding beyond regulated brokerage products into self-custody infrastructure. Read more
Ripple and Kyobo Life are piloting tokenized government bond settlement as South Korea builds rules for token securities and digital asset payments. Ripple has partnered with Kyobo Life Insurance, one of South Korea’s largest life insurers, to pilot blockchain-based settlement of government bonds, as Seoul moves to formalize rules for tokenized securities. Ripple Custody, Ripple’s digital asset custody solution, will support the issuance, storage and settlement of tokenized government bonds, the company said in a Wednesday announcement. The companies will also explore tokenized treasury settlement across Korea’s financial system. The project aims to replace traditional bond settlement processes, which often rely on multiple intermediaries and two-day settlement cycles, with onchain execution that enables near real-time settlement. This change could reduce counterparty risk and improve capital efficiency. Read more
US-listed spot Bitcoin ETFs posted $411.5 million in inflows Tuesday as Goldman Sachs filed for a Bitcoin-linked ETF, lifting 2026 net flows back into positive territory. US-listed spot Bitcoin exchange-traded funds bounced back to notable daily inflows as Goldman Sachs entered the Bitcoin ETF sector. Spot Bitcoin (BTC) ETFs recorded $411.5 million inflows on Tuesday, marking the second-largest daily inflows in April so far, according to SoSoValue data. The fresh inflows pushed total net flows for 2026 into positive territory at roughly $245 million year-to-date, while total assets under management surged above $96.5 billion, the highest since mid-March. Read more
Societe Generale-FORGE said MetaMask will add its MiCA-compliant USDCV stablecoin, extending distribution for one of Europe’s bank-backed digital dollars. Societe Generale-FORGE, the digital asset arm of French banking giant Societe Generale, has integrated its Markets in Crypto Assets Regulation (MiCA)-compliant USD CoinVertible (USDCV) stablecoin into MetaMask, giving the wallet’s millions of users access to a regulated dollar token issued by a major European bank. The company said in a release on Wednesday that under the partnership with Consensys, USDCV, which is backed by cash and cash-equivalent reserves and issued under French electronic money regulations, will be surfaced in MetaMask on mobile and web. The token is redeemable 1:1 in dollars and will be made available for functions including trading, decentralized finance interaction and fiat on-ramping, with Transak serving as the on-ramp provider. The move expands access to one of the few dollar stablecoins issued by a major European bank. It also co...