Global #Europe

​Coinbase has acquired the Cyprus unit of BUX, a European trading platform, securing a coveted Cyprus Investment Firm (CIF) license.

Tether, the issuer of the USDT stablecoin, has made a strategic investment in StablR, a European startup focused on euro-denominated stablecoins.

21Shares, a pioneer in cryptocurrency exchange-traded products (ETPs), has expanded its European offerings with the launch of the Future of Crypto Index ETP (FUTR).

Financial innovation is gaining significant momentum in both the Middle East and Europe as institutions increasingly turn to blockchain technology to modernize their markets.

Singapore-based crypto financial services platform Matrixport has made waves in the financial sector by acquiring licensed Swiss asset manager Crypto Finance (Asset Management) AG in an all-cash deal.

This week in the cryptocurrency sector, several significant developments have emerged, including Societe Generale’s partnership with Bitpanda, Kraken’s strategic acquisition in the Netherlands, and regulatory warnings from Dutch authorities.