Europe
Every story this desk has filed under Europe, most recent first.
French Lawmakers Vote to Tax Stablecoin Swaps, Then Vote Down the Budget Carrying It
A National Assembly committee adopted amendments taxing crypto-to-stablecoin conversions and unrealised gains for wealthy holders leaving France, before rejecting the revenue section of the 2027 budget.
Europe's Markets Regulator Gives Platforms Three Months to Clear Out Non-Compliant Stablecoins
ESMA told authorised crypto firms in the EU to stop offering stablecoins that do not meet MiCA requirements, blocking new access immediately and leaving national regulators three months to deal with what customers already hold.
The ECB Sets Out Three Ways to Put Central Bank Money on a Blockchain
Europe's central bank has outlined three distinct models for settling in central bank money on distributed ledgers, as banks and market infrastructures work out where tokenised assets actually settle.
Bets on OpenAI's Valuation Arrive in Europe, With Leverage Attached
OKX is offering European users up to 10x leverage on private-company valuations including OpenAI and Anthropic, alongside 100 tokenized stocks and ETFs, as Bybit prepares a European app combining equities and derivatives.
Revolut Puts a Euro Stablecoin in Front of Retail, and Someone Else Issues It
Revolut has begun a phased rollout of EURR to selected customers in Denmark, Poland and Portugal. The token is issued by Bridge, with reserves held at a Luxembourg subsidiary of Stripe, and its outstanding supply starts near zero against Circle's EURC.