🚨 The crypto platform Knaken in the Netherlands has officially gone bankrupt! 📉 Following allegations that approximately €7 million in customer assets are lost, the court ordered the company’s liquidation. ⚠️ While authorities launched an investigation, it was revealed that the platform was not listed among the Netherlands’ licensed crypto companies. 🇪🇺 Following the MiCA regulations, pressure on unlicensed crypto companies in Europe is intensifying. #Bitcoin #Crypto #MiCA #Crypto #Blockchain

Look past the register count. This is the real story: @Ripple Payments Europe now holds a full MiCA licence, cleared to operate across all 30 EEA countries from a single authorisation. One of the highest regulatory bars in crypto, met. While others wait for clarity, Ripple keeps earning the licences that let it actually build.

🇪🇺 Ripple Joins MiCA Register @Ripple Payments Europe has been added to ESMA’s #MiCA register as an authorized Crypto Asset Service Provider (CASP), alongside 14 other #firms. The approval allows #Ripple to expand its crypto payment services across the #EU under the MiCA regulatory framework. 🔗 Know more in comments

ESMA Adds Ripple & 13 Others To Interim MiCA Register ESMA adds 14 new Crypto-Asset Service Providers to its interim MiCA register, bringing the total number of licensed entities in the European Union to 294. High-profile additions to the registry include @Ripple Payments Europe, Bison Bank, and HPB as the continent completes its transition into a unified digital asset framework. This expansion follows a significant July 3 rollout that saw 37 firms authorized immediately after the MiCA transitional period concluded.

MiCA does not directly regulate crypto users outside Europe, but its impact reaches far beyond European borders. 👇

🇪🇺🚨LATEST: The European Central Bank (@ecb) has selected 36 payment providers, including @DeutscheBank, @UniCreditEurope, @Revolut, and @stripe, to participate in a 12-month digital euro pilot beginning in the second half of 2027. The program will test payment infrastructure, user experience, and operational readiness ahead of a potential digital euro launch in 2029.

WFE responds to the UK FCA and Bank of England’s consultation on tokenization, supporting the regulatory principle of “same risk, same rules,” and argues that tokenized financial products with identical economic functions should be subject to the same regulatory standards. WFE believes that existing financial regulatory frameworks are already sufficient to cover most tokenization risks, and advocates for the integration of tokenization into regulated frameworks—while safeguarding market integrity, investor protection, transparency, and financial stability—to prevent regulatory arbitrage.

‼️SWIFT WILL AVOID REPLACEMENT BY INTEGRATING DIGITAL CURRENCY NETWORKS FOR SETTLEMENT‼️ “Instead, a HYBRID global system is the most realistic outcome one where SWIFT continues to serve as a trusted communication layer while digital currency platforms gradually expand to provide alternative settlement options.”💯 “Over time, digital currency networks may assume greater prominence, but their success ultimately depends on aligned international governance, widespread institutional adoption, and robust technological interoperability.”✅ Documented.📝👇