Latest news with #MiCA-aligned
Cision Canada
2 days ago
- Business
- Cision Canada
Bybit EU Taps XION for Inaugural Launchpool in the EU, Opening Regulated Access for 450M+ Users
First-ever Launchpool on Bybit's EU newly MiCA R -licensed EU exchange, going live on 14th August 2025. The partnership connects XION's consumer-first Layer-1 to Bybit EU users across 29 EEA markets. Builds on XION's MiCA-aligned compliance leadership and prior Bybit Global Launchpool debut. VIENNA, Aug. 14, 2025 /CNW/ -- XION, the consumer-first Layer-1 blockchain, today announced it will be the first ever Launchpool project on Bybit's EU exchange. The partnership follows Bybit's receipt of its MiCAR license in May 2025 and the rollout of enabling verified EEA users to onboard to a fully compliant platform, where they can get yield approved assets to earn XION. The Launchpool will feature a total pool size of 100,000 XION, distributed as follows: 50,000 XION to XION stakers (estimated APR: 60%) 30,000 XION to MNT stakers (estimated APR: 36%) 20,000 XION to USDC stakers (estimated APR: 24%) As one of the few Layer-1 projects backed by Circle Ventures, XION has seen strong traction in bringing blockchain-based experiences to everyday users, with over 100+ global brands leveraging its platform. XION has been steadily growing its European presence, as it became the first Layer-1 blockchain to publish a MiCA Title II whitepaper, integrated natively with Paris-based Ledger in June, listed on Bitvavo earlier this summer, and is already working with leading European brands on blockchain-powered consumer experiences. Similarly, one of Bybit's main focuses in 2025 is its European expansion. Being the inaugural Launchpool partner on Bybit EU MiCAR-compliant EU platform, XION will have access to a growing regulated European audience. "Being the very first Launchpool on Bybit EU is a major signal of XION's deep partnership with Bybit and our shared focus on expanding compliantly in the European markets," said Anthony Anzalone, Founder of XION. "Europe is now the proving ground for regulated digital assets, and together with Bybit EU we're setting a precedent for how mainstream audiences can discover and engage with blockchain technology in a safe, intuitive way." "Recently securing our MiCAR license in Austria represents our commitment and major focus in 2025 to bring compliant, innovative crypto services to European users. Today's launch with XION, a blockchain focused on mainstream adoption of crypto, demonstrates how regulation can accelerate rather than hinder innovation, and perfectly aligns with our European expansion strategy." - Mazurka Zheng, CEO of Bybit EU. The collaboration also builds on XION's earlier relationship with Bybit, where the company featured on Bybit Global's Launchpool during its TGE. The renewed partnership underscores the two companies' shared commitment to making blockchain accessible to everyday users. About XION XION is the first walletless L1 blockchain purpose-built for consumer adoption. Utilizing protocol-level implementations related to abstracted accounts, signatures, fees, interoperability, and more, XION empowers developers to build secure, intuitive, and seamless user experiences. By removing common Web3 friction points, XION accelerates the mainstream adoption of Web3 by making blockchain technology more accessible to users and developers. Disclaimer: This press release is for informational purposes only and does not constitute financial advice or an offer to invest. No competent authority in the European Union has reviewed or approved this marketing communication. The offeror, person seeking trading admission, or trading platform operator is solely responsible for its content. About Bybit EU Bybit EU GmbH is the newly established European entity, dedicated to serving clients across the European Economic Area (EEA"*" except Malta) via the platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCA), Bybit EU delivers fully regulated services, including crypto custody, exchange, and rewards products and more, in full compliance with European regulations for investor protection and market integrity. Bybit EU GmbH is a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCA), authorized to offer the following services to residents of the European Economic Area (except Malta): providing custody and administration of crypto-assets on behalf of clients; exchange of crypto-assets for funds; exchange of crypto-assets for other crypto-assets; placing of crypto-assets; and providing transfer services for crypto-assets on behalf of clients. Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice. Disclaimer: Disclaimer: This press release is provided for informational purposes only and does not constitute investment advice or an offer to buy or sell digital assets. The products and services mentioned herein are subject to applicable laws and regulations in the relevant jurisdictions and may not be available in certain regions. As a centralized exchange, Bybit EU may offer certain products, including staking, that operate on an off-chain basis, where user assets are held by Bybit EU and rewards are calculated and distributed internally without recording transactions on the blockchain. Past performance is not indicative of future results. Users should carefully assess all risks before participating in any digital asset-related activity.
Business Insider
26-06-2025
- Business
- Business Insider
CoinZoom Secures European VASP License, Paving the Way for EU Crypto Debit Card Expansion
CoinZoom, a U.S.-based fintech platform, announced today that it has officially secured a Virtual Asset Service Provider (VASP) license, marking a major milestone in the company's expansion in Europe. Since securing its VASP license in Latvia, CoinZoom is now fully authorized to operate and offer digital asset services across the European Union under a MiCA-aligned regulatory framework. The company has begun the formal application process for its full Markets in Crypto-Assets (MiCA) license, further enhancing its ability to deliver compliant services throughout Europe. The VASP license lays the foundation for CoinZoom to issue its Visa debit card to customers in the EU, allowing seamless spending of both crypto and USD at over 130 million merchants and 1 million ATMs globally, with the opportunity to earn up to 5% back in crypto on every transaction. Since the international expansion of the CoinZoom Visa debit card in November 2024, the program has seen explosive growth of 127% in users across 48 countries with an increasing adoption of crypto to make purchases. Close to 50% of users are opting to spend crypto on everyday items from gas and groceries to big ticket items such as airline tickets and hotel reservations. This figure has been consistent since launch and indicates an appetite for real world payments in crypto. Users earn over $50 in crypto a month as free rewards for their spending. 'We're thrilled to have secured our European VASP license,' said Todd Crosland, Founder and CEO of CoinZoom. 'This marks a pivotal step in our mission to provide regulated and secure services to customers throughout Europe. With our MiCA license application underway, we're doubling down on compliance to offer European residents the full power of our platform—from crypto trading and free instant remittances to our industry-leading Visa card program.' CoinZoom's expansion into the EU comes at a time of rapidly increasing demand for compliant crypto services and digital payments infrastructure. This regulatory milestone makes CoinZoom one of the few U.S.-based financial platforms to hold both U.S. regulatory approvals and a European VASP license, positioning it uniquely for global growth. The CoinZoom Visa Debit Card is currently available in over 150 countries. About CoinZoom CoinZoom is a US-based financial platform enabling anyone to send, spend, save and invest without barriers. To support the benefits of blockchain technology, CoinZoom offers flexible funding options including Apple and Google Pay, debit and credit cards, and instant cash deposits at multiple retail locations in the US. Its unique international peer-to-peer payment system, ZoomMe, is part of its cash-to-crypto ecosystem for its customers in 169 countries, allowing them to deposit and send cash or crypto, around the globe instantly for free – saving millions of dollars in remittance fees. The CoinZoom Crypto Debit card provides flexibility in spending by allowing users to spend in USD or crypto at over 130M merchants globally while earning up to 5% back in crypto on each purchase. The CoinZoom platform was built with a multi-layered security approach, and the team's decades of experience in financial technology security are equally important in safeguarding customer funds and personal information. CoinZoom is a U.S. registered Money Services Business with FinCen and holds a SOC2 Type II Certification, which is highly regarded as the most rigorous test for the trustworthiness of a company's processes, best practices and diligence around securing customer data. CoinZoom is also a U.S. registered Money Transmitter, available for trading in 46 states and has subsidiaries in Australia and Ireland. CoinZoom Australia PTY LTD is registered as a Digital Currency Exchange with AUSTRAC. PR & Communications Adrianne Blackett
Yahoo
02-06-2025
- Business
- Yahoo
Tokenized Securities Trading Venue 21X Adds Circle's USDC Stablecoin
Frankfurt-based 21X, a venue for trading tokenized stocks, bonds and funds regulated by Germany's financial watchdog BaFin, has integrated Circle's USDC stablecoin as a key settlement currency on the platform. The USDC integration is part of 21X's mission to build a multi-currency, MiCA-aligned, open market environment for institutional trading of tokenized securities, the company said on Monday. Tokenization is where traditional finance dips its toe into the public cryptocurrency arena. Circle, which is soon to list on the New York Stock Exchange, is the obvious choice when it comes to an issuer of stablecoins for a highly regulated European utility like 21X. With USDC available on 21X's market infrastructure, users will benefit from wallet-based, atomic settlement of a diverse range of tokenized instruments, including equities, bonds, and fund instruments - all denominated in USD, 21X said in a press release. 'Circle is deeply committed to supporting regulated infrastructure that fosters trust and transparency in digital asset markets,' said Sanja Kon, vice president for Europe at Circle. 'Making USDC available to settle tokenized securities on 21X - Europe's first DLT exchange - will drive the adoption of on-chain finance, and foster more efficient and accessible capital markets.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
17-02-2025
- Business
- Associated Press
Secret Network Foundation and Zekret Announce Strategic Partnership to Advance Privacy-Preserving Liquidity Farming
This collaboration is a broader effort to integrate Secret Network's confidential smart contract capabilities with Zekret's MiCA-aligned infrastructure. 'Privacy and compliance should not be opposing forces in DeFi' — Artur Gulinski, COO of Zekret. TN, UNITED STATES, February 17, 2025 / / -- Secret Network Foundation and Zekret have announced a strategic partnership to enhance liquidity farming with privacy-preserving solutions. This collaboration marks the beginning of a broader effort to integrate Secret Network's confidential smart contract capabilities with Zekret's MiCA-aligned blockchain infrastructure, paving the way for a compliant and scalable future for decentralized finance. Zekret is rapidly emerging as a key player in the next evolution of DeFi, offering a regulatory-compliant, EVM-compatible Layer 1 blockchain designed to meet the needs of institutions, developers, and investors. With over 300,000 users poised to migrate to the network, strategic alliances, and seed round completed through node sales, Zekret is positioned to bridge the gap between compliance and innovation in the blockchain space. Secret Network, the leader in privacy-preserving smart contracts, will bring its unique encrypted computation technology to Zekret's ecosystem. This partnership will initially focus on liquidity farming, leveraging Secret Network's confidential DeFi infrastructure to enhance security and user privacy while fully complying with regulatory frameworks such as the EU's MiCA. 'DeFi must evolve to meet the demands of an increasingly regulated world without sacrificing decentralization and innovation,' says Lisa Loud, executive director of Secret Network Foundation. 'By collaborating with Zekret, we're enabling a more secure and compliant DeFi environment where users and institutions alike can confidently participate.' The partnership aligns with Zekret's mission to provide a legally sound foundation for the next phase of DeFi. By integrating privacy-enhancing technologies, Zekret can offer projects and investors a competitive advantage in a regulatory-conscious market. Privacy and compliance should not be opposing forces in DeFi,' says Artur Gulinski, COO of Zekret. 'With Secret Network's expertise in privacy-preserving computation, we're ensuring that all DeFi activities on Zekret are not only scalable and efficient but also secure and regulatory-ready.' This collaboration is the first step in a broader effort to merge privacy, compliance, and user protection in blockchain. Future developments will explore deeper integrations between Secret Network's privacy-focused technology and Zekret's institutional-grade infrastructure, further solidifying their joint vision for a DeFi ecosystem that balances transparency, security, and regulatory adherence. X Legal Disclaimer:
