Blockchain
Euro Tether delisted from Bitstamp due to MiCA
Bitstamp, a leading cryptocurrency exchange, has announced its decision to delist Euro Tether (EURT), a stablecoin pegged to the euro, in anticipation of the full enforcement of Europe’s Markets in Crypto-Assets Regulation (MiCA) on June 30. This strategic move underscores Bitstamp’s commitment to full compliance with emerging European regulations.
The History and Decline of Euro Tether
Launched in November 2021, Euro Tether was one of the first euro-denominated stablecoins available on Bitstamp. However, its market capitalization has significantly declined, dropping from approximately $236 million in February 2022 to around $33 million, according to CoinGecko. This is in stark contrast to USD Tether (USDT), another stablecoin issued by Tether, which remains the largest by market value, exceeding $110 billion.
James Sullivan, Bitstamp’s managing director for the United Kingdom, emphasized the exchange’s proactive approach towards MiCA compliance. He highlighted Bitstamp’s strong foundation in compliance and security, which positions it to adapt positively to regulatory changes with minimal disruption to its customers. Sullivan noted that the delisting of EURT would impact only a small percentage of clients holding the euro-pegged stablecoin.
Handling Other Electronic Money Tokens (EMTs)
Bitstamp has also clarified its handling of other Electronic Money Tokens (EMTs) not denominated in euros. These EMTs, which are already trading on the platform and do not fall under MiCA regulation, will remain available with certain usage restrictions for European customers. Bitstamp will not list new EMTs that do not meet MiCA standards nor promote such tokens.
Industry Responses to MiCA Regulation
Other cryptocurrency exchanges have also taken significant measures in response to MiCA regulation. For example, Uphold chose to delist USDT and six other stablecoins on June 18 to align with the new regulatory framework. Tether’s CEO, Paolo Ardoino, has publicly criticized the European regulation and indicated that the company does not intend to conform to MiCA guidelines.
Meanwhile, Binance is making adjustments to ensure compliance with MiCA. The exchange is notifying its European Economic Area users about changes, specifically categorizing stablecoins into “regulated” and “unauthorized” based on their adherence to the new rules. Binance plans to transition users from unauthorized to regulated stablecoins and will employ a “sell-only” strategy for non-compliant tokens through its Binance Convert function.
These proactive adjustments by major exchanges like Bitstamp and Binance highlight significant shifts within the cryptocurrency market as operators align with new regulatory landscapes. Their efforts aim to foster a safer and more standardized environment for crypto asset trading across Europe, reflecting a broader movement within the financial technology sector to embrace regulatory changes that promise to enhance consumer protection and market stability.
Source: coinfomania.com
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Blockchain
Blocks & Headlines: Today in Blockchain – January 30, 2025 (Dogecoin, U.S. Army, DeepSeek, Web3)
Introduction
The blockchain and cryptocurrency industry continues to evolve, with major advancements in institutional adoption, regulatory modernization, and innovative applications. Today’s roundup covers Dogecoin’s new blockchain strategy, the U.S. Army’s use of blockchain for tracking aid, notable blockchain startups, domain challenges for Web3 companies, the first AI blockchain agent, and Luxembourg’s legal updates for custody chains. Let’s break down the biggest headlines shaping the future of blockchain technology and decentralized finance.
Dogecoin Unveils Strategic Blockchain Movement
Expanding Beyond a Meme Coin
Dogecoin, often viewed as a lighthearted cryptocurrency, is making serious strides toward blockchain utility with a new strategic initiative aimed at expanding its use case beyond simple transactions. The Dogecoin Foundation has announced plans to integrate layer-2 solutions, smart contracts, and interoperability features, potentially positioning DOGE as a serious competitor in the decentralized finance (DeFi) space.
This move signals a shift in the perception of Dogecoin, which has long relied on community-driven momentum. With the new strategy, DOGE could become an integral part of the growing Web3 ecosystem.
Source: Crypto Briefing
U.S. Army Utilizes Blockchain for Aid Tracking in Ukraine
Military Adopts Emerging Tech for Transparency
The U.S. Army is leveraging blockchain, big data, and generative AI to track billions of dollars in aid sent to Ukraine. This marks a significant step in blockchain’s adoption by governments and defense agencies to enhance transparency and prevent fraud.
By using blockchain for immutable record-keeping, military officials aim to improve logistics tracking, reduce inefficiencies, and ensure secure auditing of aid distribution. This could set a precedent for future government adoption of blockchain-based verification systems.
Source: Breaking Defense
10 Blockchain Startups to Watch in 2025
Innovation Driving the Next Wave of Web3
A new report highlights ten emerging blockchain startups poised to disrupt industries from finance to supply chain management. These companies are working on scalable smart contracts, decentralized identity solutions, and improved cross-chain interoperability.
Among the standout names are startups focusing on privacy-preserving transactions, institutional DeFi tools, and real-world asset tokenization, reinforcing blockchain’s growing role in mainstream finance and enterprise adoption.
Source: Yahoo Finance
Web3 Companies Struggle with Domain Name Challenges
Decentralization vs. Traditional Domain Ownership
As blockchain companies push forward with Web3 adoption, many are encountering significant hurdles in securing relevant domain names. Unlike traditional domains governed by ICANN, blockchain-native domains such as .crypto and .eth exist outside standard regulatory frameworks, leading to disputes and accessibility issues.
Industry experts are calling for greater collaboration between blockchain projects and domain registrars to ensure seamless Web3 adoption while maintaining online accessibility for users.
Source: Domain Name Wire
Klaus Agent Becomes the First Blockchain AI to Use Custom DeepSeek Model
AI and Blockchain Converge
The Klaus Agent, an AI-powered blockchain agent, has integrated the DeepSeek AI model to enhance decision-making, smart contract automation, and decentralized application (dApp) intelligence. This innovation represents a major step in merging artificial intelligence with blockchain networks, allowing for more sophisticated automation in DeFi, NFT trading, and DAO governance.
As AI and blockchain continue to converge, the potential for autonomous smart contract execution and predictive analytics is expected to grow, leading to more efficient decentralized systems.
Source: GlobeNewswire
Luxembourg Modernizes Custody Chain Laws for Blockchain
A Legal Framework for Tokenized Assets
Luxembourg, a key financial hub in Europe, has updated its custody chain regulations to accommodate blockchain-based assets. These changes are designed to facilitate institutional adoption of tokenized securities and digital asset custody solutions.
By providing a clear regulatory framework, Luxembourg aims to attract fintech firms, investment funds, and digital asset custodians, further strengthening its position as a leader in blockchain finance.
Source: National Law Review
Conclusion
The latest blockchain developments underscore the rapid evolution of the industry, from Dogecoin’s strategic shift to military adoption of blockchain for transparency. As AI and blockchain begin to merge, and governments refine regulations, we are witnessing a pivotal moment in decentralized technology.
With institutional interest growing and regulatory frameworks taking shape, blockchain and Web3 technologies are moving closer to mainstream acceptance. Stay tuned for the next Blocks & Headlines briefing as we continue to track the most significant trends shaping the future of decentralized finance and digital assets.
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Blockchain
Fintech as a Service Business Research Report 2025: Global Market to Reach $1.1 Trillion by 2030 from $387 Billion in 2024 – SMB Adoption of Fintech Services Spurs Market Expansion Opportunities
Fintech as a Service (FaaS) Market
Blockchain
From Apes to Humans: ApeChain Joins Humanity Protocol’s zkProofer Network to Scale Proof of Humanity
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