Market Cap: $2.7298T 0.050%
Volume(24h): $78.5767B 1.970%
  • Market Cap: $2.7298T 0.050%
  • Volume(24h): $78.5767B 1.970%
  • Fear & Greed Index:
  • Market Cap: $2.7298T 0.050%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$84720.887476 USD

1.85%

ethereum
ethereum

$1882.087494 USD

2.47%

tether
tether

$0.999992 USD

0.02%

xrp
xrp

$2.103516 USD

-0.28%

bnb
bnb

$603.720228 USD

-0.90%

solana
solana

$124.907077 USD

-1.26%

usd-coin
usd-coin

$1.000009 USD

0.00%

dogecoin
dogecoin

$0.171794 USD

1.56%

cardano
cardano

$0.672517 USD

0.21%

tron
tron

$0.238010 USD

0.94%

toncoin
toncoin

$3.982310 USD

-4.11%

chainlink
chainlink

$13.782927 USD

0.53%

unus-sed-leo
unus-sed-leo

$9.409232 USD

2.25%

stellar
stellar

$0.268957 USD

0.85%

avalanche
avalanche

$19.348366 USD

1.29%

Cryptocurrency News Articles

BDA Teams Up with Circle to Offer Regulated Stablecoins Compliant with EU's MiCA Framework

Jan 14, 2025 at 04:30 pm

BDA Teams Up with Circle to Offer Regulated Stablecoins Compliant with EU's MiCA Framework

Bison Digital Assets (BDA), a subsidiary of Portugal's Bison Bank, has partnered with Circle to offer access to regulated stablecoins under the European Union's Markets in Crypto Assets (MiCA) framework.

As part of this collaboration, BDA will integrate Circle's USD Coin (USDC) and Euro Coin (EURC) into its platform, enabling users to seamlessly make deposits, withdrawals, and payments using these stablecoins. Designed to maintain a stable value by being backed 1:1 by traditional currencies like the euro or U.S. dollar, stablecoins offer users an efficient alternative to volatile cryptocurrencies. Both USDC and EURC are fully backed by cash or cash-equivalent assets held at regulated financial institutions, ensuring that customers can exchange them for the equivalent value in fiat currency at any time.

This integration allows BDA users to transfer funds across blockchain networks with USDC and EURC, fully in compliance with MiCA, the EU's comprehensive regulation aimed at providing clarity and safety to the crypto market. MiCA seeks to establish clear rules for cryptocurrency issuers and service providers, making transactions faster and cheaper compared to traditional banking transfers.

Moreover, the reserves backing these stablecoins are subject to regular third-party audits, ensuring transparency and security for users. António Henriques, CEO of Bison Bank, highlighted the importance of this collaboration, stating, “We believe these [stablecoins] will play a fundamental role in the future of financial services, and we are committed to leading this transformation.”

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on Apr 02, 2025