Evening digest: Ukraine aid cleared, Iran Hormuz standoff deepens

Global markets remained on edge on Wednesday as geopolitical tensions and macro developments drove investor sentiment across asset classes. The US and Iran are locked in a standoff over the Strait of Hormuz, raising fears of supply disruptions.

Crypto.com Rolls Out Cash Yield Feature in Europe With Fidelity International

Crypto.com launches EUR Cash Yield program for eligible users in selected EEA countries, allowing them to earn on euro balances through the Crypto.com App.

Circle urges EU to ease crypto rules, flags barriers in MIP plan

Circle has called on the European Commission to lower barriers for institutions seeking to engage with crypto-asset service providers, responding to the bloc’s proposed Market Integration Package. The policy aims to deepen capital markets and accelerate the shift toward a more digitally integrated financial system.

Coinbase launches regulated crypto futures trading across Europe

European crypto traders have long relied on offshore platforms to access derivatives markets. Strict regulations and limited local options pushed many toward exchanges operating outside Europe’s financial system.

European banks form consortium to launch Euro-pegged stablecoin

A consortium of 10 European banks has established a company called Qivalis to launch a euro-pegged stablecoin, according to an announcement from the group

Binance Eyes European Comeback With MiCA License Bid In Greece As Clock Ticks On July 1 Deadline

Binance has submitted an application for a crucial Markets in Crypto-Assets Regulation (MiCA) license in Greece.