
Markets see brief surge amid rumors of peace talks in Ukraine but Bitcoin still holds ground
The possibility of peace in Ukraine brought some short-lived confidence into stocks and futures. Bitcoin, however, resisted a sharp correction.
MiCA rules, cross-border policy, stablecoins, and how EU regulation steers the regional crypto market.

The festival will take place between May 11 - 13 and will bring together the Web3, NFT and metaverse communities.

EU parliamentarians have voted against a defacto ban on proof of work based cryptocurrencies which was included in the MiCA, or Markets in Crypto-assets Regulation, report.

FCA’s crypto warning over the years appear to be preventing investors from reaping significant rewards that might be attached to Bitcoin investments.

The wording in the current MiCA report would cause crypto service providers to issue a proof of work ban for 'unsustainable' crypto assets.

The UK's Financial Conduct Authority (FCA) warned crypto exchange services to shut down their crypto ATMs or face legal action.

Leading crypto payments services provider, MoonPay, has suspended its operations in Ukraine, Russia and Belarus.