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Aave Founder Warns EU MiCA Review May Restrict DeFi Access
Aave founder Stani Kulechov is warning that the upcoming EU MiCA review could limit stablecoin yields and impose new controls on DeFi access. The debate highlights the growing tension between regulators and decentralized finance builders in Europe.
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Blast L2 Shutdown: What It Means for Ethereum Users
Paradigm-backed Ethereum Layer 2 Blast is winding down after its costs exceeded revenue. Users have until October 26 to withdraw funds through the official app, marking another high-profile shutdown in the Layer 2 space.
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Absa Becomes First African Bank to Custody Bitcoin
South Africa’s Absa has become the first African bank to offer bitcoin custody services, primarily targeting institutional clients. This historic move signals growing institutional crypto adoption across the continent and could inspire other African banks to follow suit.
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Circle Pushes EU to Reform MiCA Stablecoin Reserve Rules
Circle is urging the EU to revise MiCA stablecoin reserve rules, pushing for more flexible liquidity requirements instead of strict bank-deposit minimums. The changes could reshape how stablecoins like USDC operate across European borders.
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Anchorage Digital Lays Off 17% of Staff Amid Expansion
Anchorage Digital, a federally regulated crypto bank, has reportedly cut 17% of its workforce even as it expands institutional services and stablecoin issuance. The move reflects a broader industry shift toward efficiency and institutional focus.
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Community Bankers Sue OCC Over Crypto Trust Charters
Community bankers have filed a lawsuit against the OCC over crypto trust charters, challenging the agency’s authority to license digital asset firms. The case could reshape how crypto companies integrate with traditional banking systems and impact consumer protections across the industry.
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EU Stablecoin Yield Ban: Circle, Aave & 50,000 Users Push Back
The European Central Bank wants to extend the MiCA stablecoin yield ban to lending, borrowing, and staking. Circle, Aave Labs, and over 50,000 EU citizens are pushing back against the proposed restrictions.
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ECB Digital Euro: Schnabel Reveals 3 CBDC Models on Blockchain
ECB board member Isabel Schnabel has outlined three blockchain models for the digital euro, ranging from a unified ledger to a hybrid centralized-decentralized system. The choice will shape how Europeans interact with digital money — and how crypto and traditional finance converge.