Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Today in crypto, Revolut has obtained a Markets in Crypto-Assets Regulation (MiCA) license from the Cyprus Securities and Exchange Commission (CySEC), Bitcoin miner debt surged up 500% over the year as miners have raced to meet demand from AI and crypto mining, and the US Congress is moving to update Anti-Money Laundering rules by raising decades-old reporting thresholds.
Revolut obtained a MiCA license from CySEC, enabling it to offer regulated crypto services across all 30 markets in the European Economic Area (EEA).
The move boosts Revolut’s expansion in the crypto market as the fintech prepares to launch its next-generation “Crypto 2.0” platform, the company said in a news release shared with Cointelegraph.
