Italy's regulator reminded crypto firms and investors to pay close attention to the Dec. 30 deadline for complying with the EU's MiCA rules.
The bank said more than 30 million transactions were not properly monitored, which led to 2,708 late suspicious transaction reports.
Kraken will now allow traders to post crypto collateral in the European Union via its MiFID-regulated derivatives platform.
The Commission is planning a proposal for December that would centralize supervision of crypto firms under a single regulatory agency in Europe.
After MiCA took effect at the end of last year, crypto-asset service providers have been expected to obtain a new license.
ECB President Christine Lagarde said the EU should hold non-EU stablecoin issuers to the same standards as EU issuers.
European Commission Adviser Peter Kerstens said that the Commission is on track to make proposals about the Savings and Investment Union.
The Czech National Bank disclosed in its quarterly report that it added 51,732 Coinbase Global shares in the second quarter of this year.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Deutsche Bank's custody project follows a growing institutional shift toward digital assets, driven by clearer EU rules under MiCA.
The MiCA license, granted by the Central Bank of Ireland, enables Kraken to offer crypto services across 30 EEA member states.
Coinbase has obtained a license in Luxembourg, which allows it to offer crypto services across 27 EU member states.
Coinbase and Gemini are reportedly set to be the latest firms to receive MiCA approval to operate across the EU trading bloc.
The ECB believes Trump's support for the crypto industry may cause financial 'contagion,' putting the EU economy at risk, Politico reported.
The halt was due to BaFin identifying "serious deficiencies in Ethena GmbH 's USDe token authorization" and instructed Ethena GmbH to freeze its asset reserve.
OKX halted its DeFi services used by hackers to launder some of the proceeds from the $1.5 billion Bybit hack.
The regulators are examining OKX's decentralized finance services and digital asset self-custody, in addition to whether such services follow the European Union's MiCA regulations and could be subject to penalties, Bloomberg reports.
Kraken can offer compliant derivatives in the EU, while Coinbase's UK registration enables crypto and fiat services.
Obtaining final approval will allow Crypto.com to offer services within the EU after MiCA rules went into effect in late December.