Brighty data shows Spain leading EURC retail usage, offering an early look at how euro stablecoins are being used under MiCA. Spain appears to be the strongest retail market for Circle’s euro-pegged stablecoin EURC on crypto banking platform Brighty, according to company data. Spain led EURC usage by a wide margin in 2025 and the first quarter of 2026, accounting for about 36% of transactions and 25% of volume, according to Brighty data seen by Cointelegraph. “For Spanish users, EURC functions essentially as a standard euro on a card with no exchange rate friction when transacting against USDC,” Brighty co-founder Nick Denisenko said. Read more
A large overhead supply cluster, increased profit-taking activity and the resumption of spot Bitcoin ETF outflows are key factors keeping BTC price pinned below $80,000. Bitcoin (BTC) rebounded 32% to a 10-week high of $79,500 on April 22 from its sub-60,000 multi-year low. But recent buyers took advantage of the rally to exit as the price has since corrected to $76,000 on Thursday, with $80,000 proving a tough barrier to break. Key takeaways: Read more
Stablecoin payments company Kast hired former SEC adviser Stephanie Allen as it expands licensing, communications and policy efforts after an $80 million raise. Stablecoin payments company Kast Kast has hired former US Securities and Exchange Commission (SEC) communications official Stephanie Allen as head of corporate and policy communications, as the company builds out its licensing and policy operation following an $80 million funding round last month. Kast said Thursday that Allen will work with senior leadership on policy and communications as the company prepares to launch Kast Business and expand further across North America, Latin America and the Middle East. The company said the hire is tied to its next phase of growth and regulatory engagement. Allen previously served as acting director of the SEC’s Office of Public Affairs and earlier held senior media relations and speechwriting roles at the agency. Kast said she also advised the SEC’s Crypto Task Force, though that role does not appear in the SEC...
Solana is launching a Swiss-based research institute and practitioner guide to help European financial institutions evaluate its blockchain as regulatory clarity and onchain usage grow. Solana is launching a Swiss-based research body to help financial firms interpret evolving crypto regulations, as competition intensifies between public blockchains and permissioned networks for institutional adoption. The Solana Research Institute (SRI), founded by former Euroclear executive Angus Scott, is debuting alongside a roughly 60-page report aimed at senior financial practitioners evaluating the network, according to a Thursday release shared with Cointelegraph. Contributors include the Solana Foundation, Jito, R3 and Figment. The initiative is designed to help institutions navigate frameworks such as Europe’s Markets in Crypto Assets Regulation (MiCA) framework and the United States’ Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, as regulatory clarity begins to shape how firms engage w...