Crime
Russian darknet dominated crypto drug trade in 2024 with $1.65 billion transactions
Crypto payments make up less than 1% of global illicit drug trade.
Oluwapelumi Adejumo 2 min read
Europe News
MiCA rules, cross-border policy, stablecoins, and how EU regulation steers the regional crypto market.
Coverage footprint 5.6%
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Top Europe Stories
Bankruptcy
Backpack begins identity verification to repay FTX EU claimants
This development comes as FTX is about to begin the second phase of its payouts by May 30.
ETF
Crypto ETP market sees boost with $226 million inflows led by Bitcoin resurgence
CoinShares data highlights cautious resurgence in institutional crypto inflows amid macroeconomic complexities.
Latest Europe Crypto News & Analysis
Crypto
U.K. officials have frozen nearly $7.7M worth of illicit crypto assets in one year
The biggest freeze order was issued against a wallet containing around $2 million in crypto that was hosted on Coinbase.
Adoption
French state-owned bank commits another $25 million to digital asset investment fund
Bpifrance aims to boost competitiveness with €25 million commitment to startups focused oBn DeFi, tokenization, and next-gen infrastructure.
Stablecoins
Tether expands into film and news with investment Italian media company Be Water
Tether's investment in Be Water reflects its broadening influence beyond stablecoins.
Investments
BlackRock taps Solana for BUIDL tokenized fund as Bitcoin ETP debuts in Europe
BlackRock introduces Bitcoin ETP in Europe and integrates BUIDL to Solana in strategic blockchain embrace.
ETF
21Shares launches Bitcoin, Solana, and XRP ETPs on Nasdaq Stockholm
21Shares capitalizes on growing institutional interest to inroduce transparent crypto ETPs in Europe.
Regulation
German regulator rejects Ethena Labs’ license application in the EU, suspects sUSDe is a security
According to the BaFin, the sUSDe offer "profit promises," potentially classifying it as a security.
More Europe Crypto News Headlines
CBDCs
ECB reiterates need for a digital euro to counter influence of dollar-based stablecoins
Crypto
Czech central banker questions Bitcoin’s place as a reserve asset amid volatility concerns
Adoption
ECB official claims Trump’s pro-crypto stance could trigger financial turbulence
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