Bank Banded Euro Stablecoin, Aus Drafts Law, CFTC Race

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Today, XRP, Solana and Stellar added to his American ETF cryptographic index in Crypto. Meanwhile, nine European banks, including ING and UniCredit, are developing Euro Stablecoin compatible with MICEM, which is to be launched in 2026, and Australia presented draft provisions on cryptographic service providers.

HashDEX extends the US ETF cryptographic index in accordance with the general standards of the SEC auction

The Asset Hashdex manager has expanded its cryptographic index of the American stock exchange Fund (ETF) o XRP (XRP), Solana (SOL) and Stellar (XLM) after a general change in the principle of rating from the Securities and Stock Exchange Commission (SEC).

ETF on the NASDAQ Stock Exchange now contains five cryptocurrencies held 1: 1 by the fund, including Bitcoin (BTC) and Ether (Ether (ETH), and trades under the symbol of Tick NCIQ, according to Thursday announcement.

SEC approved the general standards of ETF letters in September, paving the way to a faster process of approval of ETF for eligible cryptocurrencies.

To qualify for the general qualifications for the listing, the cryptocurrency must be classified as goods or functions of the Futures contracts listed on reputable stock exchanges. In addition, eligible cryptocurrencies must be subject to financial supervision as part of the American Surveillance Group.

Market analysts and industry directors provide The skillful of fresh cryptographic ETF applications due to fresh standards that will provide stock participants with access to cryptographic markets and blur the border between customary financial instruments and digital assets.

ING, Unicredit Join the banks developing Euro Stablecoin near Mika

A group of main European banks joined forces to launch Stablelecoin in euros in terms of European markets frames in cryptocurrencies (MICA).

Dutch lenders ING and Italy Uncredit belong to nine banks participating in the development of euro-denominated denture by the euro, in accordance with the joint statement published by ING on Thursday.

In the second half of 2026, it is expected to be built in the European Regulation of Mika Stablecoin in the second half of 2026.

In the announcement, it noted that the initiative is in line with European plans to provide a local alternative to the US -dominated Stablecoin market and contribute to the strategic autonomy of the EU in payments.

In addition to ING and UniCredit, the European initiative Stablecoin also includes Spain Caixabank, Danark’s Danske Bank, Austria Raiffeisen Bank International, Belgium KBC, Swedish Seb, Germany Dekabank and other Italian lender, Banca Sella.

Founding members also founded a fresh company based in the Netherlands, a native country to supervise Stablecoin development and management.

A fragment of the announcement of the Stablecoin project by ING. Source: ING

The banking consortium said in a joint announcement that it remains open to other banks joining the Stablecoin project.

Australia is preparing the right to tighten the supervision over cryptographic exchanges

Australia wants to tighten the provisions regarding cryptocurrency service providers, and the draft provisions published on Thursday extended the provisions regarding the financial services sector to cryptographic companies.

Deputy Treasurer Daniel Mulino said at a cryptographic conference that legislation is the “cornerstone” of the government’s cryptographic map published at the beginning of this year and was the “initial version”, on which he would look for feedback until October 24 to shape into the final form.

The fresh law would create two fresh financial products, “digital assets platform” and “tokenized care platform” that would require a license of Australian financial services.

Cryptocurrencies, privacy, open source, payments, SEC, Vitalik Buterin, CFTC, Donald Trump, Stablecoin
Daniel Mulino turning to the global regulatory summit of digital assets almost on Thursday. Source: Digital Economy Council of Australia

Mulino said that cryptocurrency companies must also comply with the “package of duties aimed at taking into account the unique characteristics of digital assets”, including the standards of maintaining cryptographic transactions and resolving, with some smaller platforms.

Many cryptographic managers expected and supported the government to regulate the sector under the provisions regarding financial services, and the managing director of Kraken Australia Jonathon Miller said that it gives “investors and institutions more confidence”, but it was added that “it was important that” regulations avoid a one -man approach that could suppress competition or an adverse situation. innovators. “

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