Bybit Expands Into Europe With MiCAR License
Bybit has received a MiCAR license from Austria’s FMA, allowing it to operate legally across the EEA. The exchange has also opened its European HQ in Vienna, signaling major investment and hiring plans. Bybit Gains Regulatory Green Light and Establishes European HQ in Vienna Bybit has achieved a key regulatory milestone with the approval of […]
Kraken Launches European Regulated Crypto Derivatives Offering From Cyprus
Kraken has announced the launch of Europe’s largest regulated crypto derivatives offering, enhancing its market-leading position in the region. Eligible clients and partners in the European Economic Area (EEA) can now access a comprehensive suite of liquid futures instruments, including both perpetual and fixed maturity contracts, all compliant with the Markets in Financial Instruments Directive […]
Theta Capital Management Raises Over $175 Million for Fund-of-Funds Targeting Early-Stage Crypto Startups
Crypto investment firm Theta Capital Management has successfully closed a raise of over $175 million for its fund-of-funds, Theta Blockchain Ventures IV, which aims to support institutional investors in early-stage blockchain startups, according to a report by Bloomberg. The fund will specifically target venture capitalists specializing in cryptocurrency, according to Ruud Smets, the company’s managing […]
Theta Capital Management Raises Over $175 Million for Fund-of-Funds Targeting Early-Stage Crypto Startups
Crypto investment firm Theta Capital Management has successfully closed a raise of over $175 million for its fund-of-funds, Theta Blockchain Ventures IV, which aims to support institutional investors in early-stage blockchain startups, according to a report by Bloomberg. The fund will specifically target venture capitalists specializing in cryptocurrency, according to Ruud Smets, the company’s managing […]
Criminal Banking Organization Takedown Across Europe Includes Crypto Operations
Europol has announced the arrest of 17 individuals involved in a criminal parallel banking organization that provided money laundering services across Europe, including the exchange of cryptocurrencies for cash. The operation, conducted on January 14, 2025, in Austria, Belgium, and Spain, followed previous successful actions against migrant smugglers. The arrested individuals, primarily of Chinese and […]
Gemini Secures License in Malta to Offer Regulated Derivatives Across Europe
Gemini has announced that it has obtained an Investment Firm License from the Malta Financial Services Authority (MFSA), allowing the company to offer regulated derivatives across the European Union (EU) and European Economic Area (EEA) under the MiFID II framework. This development marks a significant step in Gemini’s 2025 European expansion, enabling the platform to […]
Revolut to Enhance Bitcoin Lightning Infrastructure in Europe via Lightspark
Lightspark has announced a new partnership with Revolut to enhance payment infrastructure using the bitcoin network in the UK and select European countries. This collaboration aims to eliminate delays and high network fees associated with traditional payment systems, enabling seamless transactions powered by advanced open technology. Revolut will connect to the open Money Grid, joining […]
Bunq Launches Crypto Investing in Banking App, Expanding Services Across Europe and Beyond
On April 29, 2025, Bunq, the second largest neobank in Europe, announced the launch of Bunq Crypto, enabling users to invest in cryptocurrencies directly through its secure banking app. Initially available in the Netherlands, France, Spain, Ireland, Italy, and Belgium, the service will gradually expand to the entire European Economic Area, as well as the […]
Ethena Fined €600K by German Regulator and Ordered to Reverse USDe Token Issuance
Ethena GmbH has been ordered by the German Federal Financial Supervisory Authority (BaFin) to wind up its business related to the issuance of its USDe tokens. BaFin revealed it found serious deficiencies in Ethena GmbH’s operations during the authorization procedure and imposed sanctions, leading to the requirement for the company to reverse its USDe token […]
Ethena Fined €600K by German Regulator and Ordered to Reverse USDe Token Issuance
Ethena GmbH has been ordered by the German Federal Financial Supervisory Authority (BaFin) to wind up its business related to the issuance of its USDe tokens. BaFin revealed it found serious deficiencies in Ethena GmbH’s operations during the authorization procedure and imposed sanctions, leading to the requirement for the company to reverse its USDe token […]