Regulation

Dutch Bitcoin startup Blockrise has secured a MiCA license, allowing it to offer regulated Bitcoin services across the EU. The company plans to expand with a €15 million funding round and introduce Bitcoin-backed loans, aiming to become a major European player despite Bitcoin’s recent price volatility.

The European Central Bank has issued a stark warning about the risks posed by the rapidly growing stablecoin market, citing potential capital flight from eurozone banks and the threat of a ‘digital bank run’ that could trigger a global financial crisis. However, industry figures counter that stablecoins, with their full reserve requirements, could actually enhance financial stability.

The Dutch Authority for the Financial Markets (AFM) is warning about the rise of AI-powered financial fraud. Criminals are using deepfakes and hyper-personalized scams to deceive investors on a massive scale, making fraudulent schemes more convincing than ever.

Despite the global rise of digital assets, the top 10 online casinos in the Netherlands do not accept cryptocurrency payments. This article explores the strict regulatory oversight from the Kansspelautoriteit (Ksa), concerns over transaction transparency, and the volatility of crypto as key reasons for this exclusion.

Firas Isa and his company Crypto Dispensers have been charged with laundering at least €9 million through cryptocurrency ATMs, highlighting regulatory concerns over crypto infrastructure vulnerabilities.

The founders of the Samourai Wallet crypto app have been sentenced to prison in the U.S. for operating an unlicensed money-transmitting business that laundered millions in criminal proceeds.

As the cryptocurrency market matures, governments worldwide are implementing new laws and tax regulations. This shift, which includes new tax frameworks in the US, Brazil, and South Korea and allows banks to hold crypto assets, signals that crypto is becoming a serious part of the global financial system.

Worldcoin’s price is in a steep decline, dropping over 30% in the last month. The downturn is fueled by increasing regulatory scrutiny and bans in several countries, like Colombia, over concerns about data privacy and the handling of biometric information.