#bitvavo

[fysamspruell]

Behind-the-scenes photos from the third day of the BITVAVO shoot.

[fysamspruell]

Behind-the-scenes photos and video from the first day of the BITVAVO shoot.

[rwatimes]

Bitvavo : la passerelle idéale pour surfer sur le rallye spectaculaire du token HYPE

Bitvavo est la plateforme idéale pour les investisseurs européens qui voudraient s'exposer au token HYPE et profiter du mouvement.

➤ The HYPE token, native to Hyperliquid, is experiencing a significant rally driven by institutional capital inflows through newly launched US spot ETFs. ➤ Bitvavo is presented as an ideal, regulated platform for European investors to easily access and trade the HYPE token. ➤ The article highlights the token's strong fundamentals, including protocol fee buybacks and increasing institutional interest, suggesting continued upward potential.

[bitcoinmasterhub]

Bitvavo Obtains MiCA License, Expanding Crypto Services in Europe

Bitvavo has secured a Markets in Crypto Assets (MiCA) license from the Dutch Authority for the Financial Markets (AFM), enabling the cryptocurrency exchange to operate across the 30 nations within the European Economic Area. This license follows the implementation of the MiCA regulatory framework in December of the previous year, which aims to harmonize crypto regulations across the European…

Bitvavo Obtains MiCA License, Expanding Crypto Services in Europe

[bitcoinmasterhub]

Bitvavo Gains MiCA License in the Netherlands, Expanding European Reach

Bitvavo has secured a Markets in Crypto Assets (MiCA) license from the Dutch Authority for the Financial Markets (AFM), positioning the exchange to operate across the 30 nations within the European Economic Area. This achievement follows the implementation of the MiCA regulatory framework in December, which aims to harmonize crypto regulations across the European Union’s 27 member states, as well…

Bitvavo Gains MiCA License in the Netherlands, Expanding European Reach

[reyx-baron]

Bitvavo Secures French Expansion with AMF Approval

Bitvavo, a Dutch cryptocurrency exchange, has set its sights on the French market, securing a pivotal nod from France's financial authority,

Abstract：Bitvavo, a Dutch cryptocurrency exchange, has set its sights on the French market, securing a pivotal nod from France's financial authority, Autorité des Marchés Financiers (AMF), marking a significant step in its European expansion amid shifting investment trends.

[howtoinvestinnftcrypto]

Bitvavo expected to receive at least 80% of DCG's debt

Bitvavo expected to receive at least 80% of DCG's debt

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Crypto exchange Bitvavo is expecting Digital Currency Group (DCG) to repay at least 80% of its debt to the exchange, according to a Reuters report.

DCG owes €280 million to Bitvavo — which equates to over $300 million — as stated in the Reuters article. Bitvavo said:

“The result submitted to the court amounts to an expected recovery rate of between 80-100% which will be repaid in cash, digital assets, cash and convertible preferred equity notes in DCG.”

The exchange expects the agreement to be finalized in the coming weeks as soon as the details are worked out.

On Jan. 10, the exchange rejected DCG’s proposal to pay 70% of its debt to Bitvavo. Bitvavo argued that the DCG had sufficient funds to make full payment.

DCG settles with Genesis and Gemini

Bitvavo’s above statement followed an in-principle agreement between DCG, its lender Genesis, and crypto exchange Gemini.

Genesis will either sell the company or turn over its equity to creditors to cover its debt, according to the agreement.

Meanwhile, Gemini will contribute $100 million to help provide liquidity to Gemini Earn users.

DCG sold Grayscale shares at $8 per share on Feb. 7, raising around $22 million.

Background

The sides have been in a quarrel since November 2022. Genesis took a heavy impact from the Terra-Luna crash in May 2022 and ended up halting withdrawals on Nov. 16. Two months later; the lender laid off 30% of its staff, which raised concerns regarding the company’s insolvency.

Genesis was one of the partners of Gemini’s Earn Program, which started having liquidity troubles in late December after Genesis halted withdrawals. Gemini founders Cameron and Tyler Winklevoss claimed that DCG founder Barry Silbert owes Genesis $1.675 billion, and a part of his debt belonged to Gemini Earn users.

Posted In: Bankruptcy, Exchanges

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