The Big Misunderstanding: What MiCA Really Means for Stablecoins in Europe

The EU’s comprehensive crypto guidance does not introduce entirely new regulations for fiat backed stablecoins, former central banker Jón Egilsson writes. Instead it affirms existing rules that many current issuers are not yet following.Source

Bankruptcy Was Crypto Winter’s Circuit Breaker

Societies have often frowned on bankruptcy, viewing it in moral terms as a breach of trust. But, in the wake of 2022’s scandals, the process helped relaunch the crypto industry, says Michael Casey.Source

Treasury Secretary Yellen Says U.S. Needs Better Stablecoin Regulation

“A federal regulator should have the ability to decide if a stablecoin issuer should be barred from issuing such an asset,” she told lawmakers on Tuesday.Source

Bitcoin ETFs Mean ‘Substitution’ From Gold Into BTC Will Continue, Says Cathie Wood

While bitcoin’s price is often denominated against fiat currencies, Wood pointed out that even relative to gold, BTC has risen consistently since its early days.Source

Filecoin’s Liquid Staker Glif Raises $4.5M, Hints at Token Airdrop

Glif’s “liquid leasing” gives FIL holders a way to earn yield on their assets.Source

MetaMask Deal With Robinhood Broadens Crypto Access

On-ramps like the one used in this partnership are a key piece of infrastructure serving as a bridge between traditional banking rails and blockchain-based crypto economy.Source

A Quick Look at Last Month’s U.S. Crypto Crime Log

While our attention was focused on exchange-traded funds earlier this month, federal regulators in the U.S. announced charges or sentences for various crypto parties.Source

A Crypto Carbon Credits Exchange Is Created in Germany

Neutral and DLT Finance are betting on regulation as the pathway to institutional investor adoption.Source

First Mover Americas: Bitcoin Could Drop in the Short Term

The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Binance to Delist Monero Privacy Token; XMR Slides

The crypto exchange will stop listing the token along with Aragon, Multichain and Vai as of Feb. 20.Source