CoinsAQ summary · neutral
Qivalis secures Dutch EMI license to launch bank-backed euro stablecoin
What happened
Qivalis, the consortium backed by 37 major European banks, will soon be able to issue euro-denominated electronic money tokens (EMTs), a regulated form of stablecoin. The Amsterdam-based company said that the Bank of the Netherlands (DNB) had granted it an electronic money.
Related asset context
Not financial advice. News and sentiment can be incomplete, delayed, or change quickly.
Continue researching
Related stories
Pendle becomes second-largest DeFi venue for tokenized stocks with 17% share
Pendle climbed from seventh to second among DeFi venues for tokenized stocks, capturing about 17% share as on-chain equity deposits surged.
Maple’s syrupUSDC and syrupUSDT Explained: Returns, Risks and Exits
What Maple’s syrupUSDC and syrupUSDT represent, where returns come from, and how pool redemptions differ from selling the SYRUP governance token.
$3.64B flees Binance on reopen, THORChain co-founder opposes coin freeze: Hodler’s Digest
Billions fled Binance after it reopened withdrawals but “98% chose to stay,” said CZ. THORChain co-founder strongly opposes halting the protocol to comply with FBI demands.