The post Revolut Keeps USDT Outside EEA and Switzerland appeared on BitcoinEthereumNews.com.
Revolut, a crypto-friendly digital banking platform, said its Tether USDt (USDT) delisting will not affect all customers globally. The delisting will affect Revolut customers in the European Economic Area (EEA) and Switzerland, while support for the stablecoin will continue in other markets, a spokesperson for the company told Cointelegraph. Revolut said the decision followed a review of its crypto services and risk considerations under the European Union’s Markets in Crypto-Assets Regulation (MiCA). “Revolut is discontinuing support for USDT for customers in the EEA following a periodic review of our cryptocurrency offering in light of the evolving EU regulatory framework under MiCA,” the spokesperson said. Revolut’s decision reflects a broader trend across the EU, where crypto platforms have continued to phase out USDT after Tether, the issuer of the $184 billion stablecoin, chose not to seek
The post BingX Expands Tradfi Offerings with 1,000,000 USDT Earnings Season Campaign appeared on BitcoinEthereumNews.com.
PANAMA CITY, July 9, 2026 –BingX, a leading cryptocurrency exchange and Web3-AI company, today announced a 1,000,000 USDT trading campaign designed to help users participate in one of the year’s most active periods for equity markets, as July earnings season begins with more than 15 major global companies set to report results. Running from July 9 to July 29, 2026, the campaign forms the fourth edition of BingX’s Global Capital Gala series, featuring trading activities designed around the upcoming earnings season. Participants can earn rewards through earnings-stock trading tasks, first-time trades, and trading challenges tied to earnings announcement dates. Eligible users who complete campaign requirements will have the opportunity to share the total reward pool, with additional incentives available throughout the event period. The campaign highlights the continued
The post USDT Delisting Revolut: Impact of EU MiCA Regulation appeared on BitcoinEthereumNews.com.
Revolut is cutting off access to USDT for customers across the European Economic Area and Switzerland, with the full delisting scheduled to wrap up by August 31, 2026. The decision, driven by the EU’s sweeping Markets in Crypto-Assets Regulation (MiCA), puts Revolut among a growing list of European crypto platforms quietly stepping away from the world’s largest stablecoin — and raises real questions for the millions of users caught in the middle. Key takeaways Revolut will delist USDT for customers in the EEA and Switzerland, with the process completing by August 31, 2026. The delisting follows a review under the EU’s MiCA framework; Tether chose not to seek MiCA authorization. USDT support continues unchanged on Revolut outside the EEA and Switzerland. The delisting of USDT already began on Revolut’s Revolut X trading platform for EEA customers before this announcement. Switzerland is in
The post Tether (USDT) Delisted by Revolut Across EEA and Switzerland by August 2026 appeared on BitcoinEthereumNews.com.
USDT News Revolut is removing Tether (USDT) from its retail crypto offering for customers across the European Economic Area (EEA) and Switzerland, the company confirmed. The digital banking platform said support for the largest dollar-pegged stablecoin will continue for users in other regions, framing the move as a periodic review of its crypto services under the European Union’s Markets in Crypto-Assets Regulation (MiCA). Customers were notified that the token would leave the platform by Aug. 31, 2026. The decision narrows European access to USDT and adds Revolut to a lengthening list of EU-facing platforms retreating from the asset as the bloc’s licensing rules take hold. The retreat reflects a wider realignment in Europe, where trading venues have steadily phased out USDT after Tether declined to seek authorization under MiCA. Tether, issuer of the roughly $184 b
OUSD's struggle to surpass USDT and USDC highlights the challenges new stablecoins face in gaining trust and market dominance amidst fierce competition.
The post Cathie Wood says OUSD unlikely to displace USDT and USDC appeared first on Crypto Briefing.
The post Alfa-Bank Prepares Digital Depository Infrastructure for Regulated Crypto Services appeared on BitcoinEthereumNews.com.
Key Highlights Alfa-Bank develops digital depository infrastructure as foundation for crypto services. Pilot cryptocurrency trading program launched for qualified institutional investors. Testing phase covers Bitcoin, Ether, Solana, Litecoin, USDT, USDC, and Zcash. Mass-market crypto offerings expected following regulatory approval in Russia. Major competitors Sberbank and T-Bank simultaneously develop similar platforms. Russia’s Alfa-Bank has advanced its cryptocurrency ambitions by establishing plans for a comprehensive digital depository system. The institution has simultaneously initiated controlled cryptocurrency trading pilots via its Alfa-Investments brokerage platform. These developments emerge as Russia’s government finalizes comprehensive regulations governing digital asset operations. Digital Depository Framework Forms Foundation of Crypto Strategy
The post AscendEX Shuts Down as User Balance Payouts Remain Uncertain appeared on BitcoinEthereumNews.com.
AscendEX shut down after MiCA pressure, weak liquidity, and failed funding left operations unsustainable. Users face delayed manual withdrawals, with the exchange unable to guarantee full balance recovery. ZachXBT had flagged nearly empty hot wallets before the shutdown, including ETH, USDT, USDC, and SOL. The closure revives custody concerns after AscendEX’s 2021 breach, which caused about $78M in losses. AscendEX has shut down after regulatory, financial, and operational pressures pushed the crypto exchange into a controlled offboarding process. The platform ceased operations on July 1, then published a notice on July 6 explaining the decision. JUST IN: ASCENDEX SHUTS DOWN AND USERS MAY NOT GET FULL BALANCES BACK Crypto exchange AscendEX has ceased operations on July 1, citing MiCA, regulatory, financial and operational pressure. The company’s statement indicated that current li
The post ZCash price today Analysis: Neutral Outlook Ahead of Key Move appeared on BitcoinEthereumNews.com.
As of July 9, 2026, the ZCash price today hovers at $467.95 USDT — calm on the surface but carrying real tension underneath. ZEC trades above its 200-day EMA while the broader market flashes a Fear & Greed index of just 22, deep inside Extreme Fear territory. ZEC/USDT — daily chart with candlesticks, EMA20/EMA50 and volume. Key takeaways ZEC holds at $467.95 above all three stacked daily EMAs — a structurally constructive setup despite extreme macro fear. The Fear & Greed index at 22 combines with BTC dominance of 56.08% to suppress altcoin risk appetite across the board. Daily MACD histogram has swung to +8.60, signalling momentum recovery not yet reflected in price action. The ATR of 34.32 warns that daily swings can be sharp — tight stops remain vulnerable to whipsaws. A clean break above $473.69 or below $458.74 will likely determine the next directional move. Daily Chart: St
