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Coinbase named Luxembourg its European hub Wednesday, opening regulated access to 450 million people across 27 states, as rival Binance abandoned its Greek licensing bid. Key Points: Coinbase opened a Luxembourg office on Jun. 24, naming the country its EU base under the MiCA framework. A single lic

Binance is hunting for a fresh route to keep serving the European Union after talks with three national regulators stalled, leaving roughly one week to comply. Key Points: Binance is chasing a new pathway to EU authorization after its license bid in Greece collapsed. Regulators in Ireland, Latvia an

The European Parliament's lead economic committee approved a legal framework for a digital euro, advancing a central bank digital currency the bloc aims to launch by 2029. Key Points: The EU Parliament's ECON committee approved the digital euro framework, clearing the path for final talks with membe

Ripple has won preliminary approval for a Crypto Asset Service Provider license in Luxembourg, moving the payments firm toward full compliance under the EU's MiCA rules. Key Points: Ripple received a preliminary CASP authorization through a "Green Light Letter" from Luxembourg's CSSF. The license wi

European Central Bank President Christine Lagarde warned Wednesday that artificial intelligence could trigger dangerous financial crises and urged global governance modeled on Cold War nuclear treaties. Key Points: Lagarde said AI could trigger financial crises more damaging than past technology-dri