Live Bitcoin News·
Revolut will stop supporting USDT on August 31, after ending purchases July 6 and new deposits July 30 for affected users. Revolut has told customers it will stop supporting USDT on August 31 through app alerts and emails. The move will end access to one of the most used stablecoins on its platform. Users can […] The post Europe’s Largest Fintech Is Dropping USDT: Here’s the Timeline appeared first on Live Bitcoin News.
Read full articleThe Zurich launch signifies a pivotal shift towards autonomous mobility in Europe, potentially reshaping ride-hailing economics and regulatory landscapes. The post WeRide and Uber launch commercial robotaxi service in Zurich, expanding autonomous vehicle push across Europe appeared first on Crypto Briefing.
Revolut notified some customers it will delist USDT after Aug. 31, with remaining holdings automatically converted into users’ base currency.
Revolut's removal of USDT highlights increasing regulatory scrutiny and risk management in the evolving fintech and crypto landscape. The post Revolut to end support for Tether’s USDT by August 31, customers say appeared first on Crypto Briefing.
Revolut has confirmed it will remove Tether’s USDT from eligible European accounts after new European Union crypto rules took effect under the Markets in Crypto-Assets (MiCA) framework. According to an email sent by Revolut to affected customers, the fintech company…
Germany's move could catalyze widespread crypto adoption in Europe, pressuring other banks to offer similar services under MiCA regulations. The post Germany set to boost cryptocurrency trading through local banks appeared first on Crypto Briefing.
In a Brazilian Congress hearing, Fábio Araújo, consultant for the Financial System Regulation Department (Denor), stressed that, unlike other crypto assets, stablecoins have specific traits that would be better regulated if they were classified as monetary instruments instead of as digital assets. Central Bank of Brazil pushes for electronic money regulation for stablecoins The debate […]
Stablecoins' reliance on central banks highlights potential risks to monetary sovereignty and traditional banking, urging a unified regulatory approach. The post Bank for International Settlements argues stablecoins need central bank support to function appeared first on Crypto Briefing.
Visa, M-Pesa and Onafriq have launched a pilot program in the Democratic Republic of Congo using U.S. dollar-pegged stablecoins to settle cross-border mobile transactions. Blockchain Meets Mobile Money Financial services giant Visa, mobile money platform M-Pesa, and pan-African payments network Onafriq have launched a pilot program using stablecoins to settle cross-border mobile transactions in the […]
