BaFin denied Bitcoin de a MiCA license. The regulator rejected the application from futurum bank AG, the platform operator, after 15 months of review. The measures taken, according to the supervisory authority, are insufficient to meet the requirements, but the specific deficiencies that were decisive are not disclosed. For more than 1.1 million registered users, this means that trading, suspended since June, remains halted.
The Bundestag approved international information exchange on cryptocurrencies based on the OECD's Crypto-Asset Reporting Framework (CARF). Providers will transmit not only clients' personal data but also information about traded cryptocurrencies, transaction volumes, and the number of trades, paving the way for broader tax control.
The EU is tightening rules for stablecoins. The European Securities and Markets Authority requires that non-compliant MiCA tokens, primarily USDT from Tether and PayPal USD, be removed from European exchanges. Previously, only trading was restricted, but now the ban also covers storage and transfer. Exchanges have three months to comply.
Tom Lee announced the halt of Ethereum purchases. At the Token2049 conference in Singapore, the chairman of Bitmine stated that the company will permanently limit its Ethereum holdings to a maximum of 5% of the circulating supply. Currently, it holds about 6 million coins, or 4.9%, and is short of the cap by approximately 100,000 Ethereum.
Europol warns of quantum attacks on crypto wallets. Addresses with already exposed public keys are particularly vulnerable: with sufficient power, attackers could extract private keys from them. It is estimated that such addresses hold about 6.9 million bitcoins, roughly a third of the total circulating supply.
This material is prepared solely for informational purposes and does not constitute financial advice or a recommendation.
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