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Crypto

BitPay secures Dutch approval, seeks to expand stablecoin payments

BitPay has obtained approval from the Netherlands Authority for the Financial Markets, allowing it to operate in EU member states under the MiCA framework. Cointelegraph reported on July 16 that BitPay secured a Crypto Asset Service Provider (CASP) licence under MiCA requirements. The approval enables BitPay to expand cryptocurrency and stablecoin payment services in Europe. BitPay’s head of Europe Jonathan Raller called Europe a key region for the future of payments. Ripple said last week it obtained a CASP licence in Luxembourg.

Crypto

RippleX senior vice president to speak at XRP Seoul 2026 in October

RippleX Senior Vice President Markus Infanger will speak at \'XRP Seoul 2026\' in Seoul in October, during Korea Blockchain Week. Organisers said the event will connect XRP holders, developers and ecosystem projects worldwide. Ripple President Monica Long was previously announced as a main speaker, and the event\'s official X account introduced Infanger as a key speaker. The event comes as XRP remains actively traded in South Korea and Ripple expands its business, including receiving a CASP licence from Luxembourg regulator CSSF.

Crypto

EU mulls expanding MiCA to cover stablecoins issued by non-EU firms

The European Union is reported to be considering revising its Markets in Crypto-Assets regulation, or MiCA, to extend its scope to stablecoins issued by non-EU companies. The discussion is aimed at clarifying regulatory standards for U.S.-issued stablecoins within EU member states following U.S. stablecoin legislation. The EU is also considering adding MiCA rules covering tokenised payments and deposits, with the proposed amendments expected to be reviewed in 2027.