- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
The European Banking Alliance has established the stablecoin issuing institution Qivalis, which will launch a Euro-backed stablecoin in the second half of 2026.
BlockBeats News, December 3rd - Nine major European banks have jointly established a stablecoin issuing institution called Qivalis, which has been registered in Amsterdam. They have launched a Euro stablecoin that complies with the EU's Markets in Crypto-Assets Regulation (MiCA). The banks participating in this Euro-denominated stablecoin project include: ING Group from the Netherlands, Banca Sella from Italy, KBC from Belgium, Danske Bank from Denmark, DekaBank from Germany, UniCredit from Italy, SEB from Sweden, CaixaBank from Spain, and Raiffeisen Bank International from Austria.
The participating banks stated that the plan will provide a true European alternative to the U.S.-dominated stablecoin market and help enhance Europe's strategic autonomy in the payment sector. According to a joint statement, this stablecoin will enable nearly instant, low-cost transactions and provide 24/7 efficient cross-border payments, programmable payments, supply chain management improvements, and digital asset settlement optimization. This MiCA-compliant stablecoin is expected to be issued for the first time in the second half of 2026.
You may also like
SlowMist Warns of Return of Shai-Hulud 3.0 Supply Chain Attack
Key Takeaways SlowMist’s Chief Information Security Officer alerted the community about the resurgence of Shai-Hulud 3.0, an advanced…
Hackers Exploit Rainbow Six Siege Servers, Ubisoft Responds
Key Takeaways Hackers successfully breached Rainbow Six Siege, distributing enormous amounts of in-game currency. Players discovered unexpected changes…
Trust Wallet Investigates Browser Extension Security Incident
Key Takeaways A recent security incident in Trust Wallet’s browser extension has affected 2,596 wallets, leading to the…
State of Crypto: Year in Review
Key Takeaways: 2025 marked a significant year for crypto policy in the U.S., with historic legislation and regulatory…
Coinbase says three areas will dominate the crypto market in 2026
Key Takeaways: Coinbase Institutional emphasizes the shift from traditional boom-and-bust cycles to more structural forces in crypto markets,…
Coinbase CEO Declares Opposition to Reopening the GENIUS Act: A Clash with Bank Lobbying
Key Takeaways: Coinbase CEO Brian Armstrong criticizes banks for lobbying to reopen the GENIUS Act, seeing it as…
Fed’s ‘Skinny’ Accounts Aim to End Operation Chokepoint 2.0 — Insights from Senator Lummis
Key Takeaways: The Federal Reserve’s proposal to offer “skinny” master accounts to crypto companies is seen as a…
Trust Wallet Users Experience $7 Million Loss Due to Hacked Chrome Extension
Key Takeaways Trust Wallet faced a significant security breach affecting its Chrome extension, resulting in over $7 million…
Coinbase Recognized as a Top Fintech Pick for 2026 by Clear Street
Key Takeaways: Coinbase has been identified as one of the top three fintech stock picks for 2026 by…
Hong Kong Sets Sights on 2026 Legislation for Virtual Asset Regulation
Key Takeaways Hong Kong is poised to introduce legislation in 2026 targeting virtual asset dealers and custodians. The…
Ubisoft halts Rainbow Six Siege after hackers give each player $13.3M credits
Key Takeaways A massive security breach in Rainbow Six Siege granted each player $13.3 million worth of in-game…
Crypto Leaders Critique California’s Proposed 5% Wealth Tax
Key Takeaways The proposed 5% wealth tax in California, aimed at billionaires, has sparked significant backlash among crypto…
Circle Platform Promising Tokenized Gold, Silver Swaps Is a ‘Fake,’ Company Says
Key Takeaways: A fraudulent press release claimed that Circle had introduced a platform called CircleMetals for trading tokenized…
Mirae Asset’s Potential Acquisition of Korbit: A $100 Million Venture into Korea’s Crypto Market
Key Takeaways Mirae Asset Group is exploring the acquisition of the South Korean cryptocurrency exchange Korbit, in a…
Trump, Tariffs, and Utility Tokens: Animoca’s Yat Siu Says Crypto Finally Has to Mature
Key Takeaways The crypto industry has faced numerous challenges in 2025, from Trump-era tariffs to real-world rate pressures,…
2025 Cryptocurrency Memes News Released
Trust Wallet Browser Extension Security Incident Leads to Losses
Key Takeaways Trust Wallet identified a significant security breach in its browser extension version 2.68. Approximately over $6…
Trust Wallet Hack Results in $3.5 Million Loss for Major Wallet Holder
Key Takeaways A significant Trust Wallet hack led to the theft of $3.5 million from an inactive wallet.…
SlowMist Warns of Return of Shai-Hulud 3.0 Supply Chain Attack
Key Takeaways SlowMist’s Chief Information Security Officer alerted the community about the resurgence of Shai-Hulud 3.0, an advanced…
Hackers Exploit Rainbow Six Siege Servers, Ubisoft Responds
Key Takeaways Hackers successfully breached Rainbow Six Siege, distributing enormous amounts of in-game currency. Players discovered unexpected changes…
Trust Wallet Investigates Browser Extension Security Incident
Key Takeaways A recent security incident in Trust Wallet’s browser extension has affected 2,596 wallets, leading to the…
State of Crypto: Year in Review
Key Takeaways: 2025 marked a significant year for crypto policy in the U.S., with historic legislation and regulatory…
Coinbase says three areas will dominate the crypto market in 2026
Key Takeaways: Coinbase Institutional emphasizes the shift from traditional boom-and-bust cycles to more structural forces in crypto markets,…
Coinbase CEO Declares Opposition to Reopening the GENIUS Act: A Clash with Bank Lobbying
Key Takeaways: Coinbase CEO Brian Armstrong criticizes banks for lobbying to reopen the GENIUS Act, seeing it as…
Popular coins
Latest Crypto News
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：[email protected]
VIP Services：[email protected]
App