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Can Europe’s Crypto Apps Win Over Binance Users? A Growing Comparison

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Galaxy Digital targets Europe for crypto expansion

American investment company Galaxy Digital will expand its presence in Europe, appointing new CEO in Europe. Galaxy Digital has appointed Leon Marshall to lead its European operations, seeking expansion opportunities in the region amid Markets in Crypto-Assets (MiCA) crypto currency regulations. Prior to joining Galaxy, Marshall served as Managing Director and Global Head of Sales at Genesis for over four years. Marshall will lead the company’s expansion into Europe and will also manage operations and key customer relationships. “Leon’s tremendous leadership skills and strong track record of developing and scaling digital asset products for European institutional investors will be invaluable to us as we continue to scale our operations in the U.K. and continental Europe aggressively.” Michael Novogratz, Founder of Galaxy Digital Galaxy is looking for ways to expand in Europe Marshall’s appointment follows the firm’s strategic alliance with DWS, one of Europe...

Binance could delist multiple stablecoins as MiCA takes effect next year

Key takeaways A Binance executive has warned that the exchange could delist multiple stablecoins soon. The delisting will be fueled by the EU’s MiCA regulation taking effect next year. Binance to delist  multiple stablecoins A Binance executive has warned that the cryptocurrency exchange could delist multiple stablecoins from its platform.  The delisting could happen as the cryptocurrency exchange attempts to decipher the implications of the EU’s Markets in Crypto Assets (MiCA) regulation. At the moment, it is still unclear how MiCA will apply to decentralized stablecoins and other foreign stablecoin issuers. However, officials from the European Banking Authority (EBA) have pointed out that the regulation immediately applies to coins already on the market. MiCA was approved last June and will make the EU the first major region in the world to roll out a comprehensive crypto regulation. The regulation would allow crypto exchange an...