A consortium of 10 European banks has formed Qivalis to launch a euro-pegged stablecoin in the second half of 2026, pending regulatory approval, with crypto trading settlement as its first use case.
Intesa Sanpaolo's crypto portfolio surged to $235 million in Q1 2026. It bought Ethereum and XRP trusts for the first time while slashing its Solana position. The bank also boosted Coinbase and BitGo stakes.
KBC Bank will roll out Bitcoin and Ether trading on Bolero during the week of February 16, becoming the first Belgian bank to offer crypto trading under the country’s MiCA framework.
A consortium of twelve European banks, Qivalis, plans to launch a euro-denominated stablecoin in the second half of 2026 using Fireblocks infrastructure, fully compliant with the EU's MiCA framework. The initiative targets the gap in regulated euro stablecoin options amid a dollar-dominated stablecoin market, aiming at institutional use cases including cross-border settlement, trade finance, and securities settlement.
With MiCA in force, major European banks are expanding into crypto trading, custody, and investment access. Data cited in the report shows 9 of Europe’s top 20 banks already offer or plan such services, while a MiCA-compliant euro stablecoin project is targeting a 2026 launch.
KBC will let roughly 4 million retail clients trade BTC and ETH through its Bolero app starting the week of February 16, using a closed-loop custody model that does not allow crypto withdrawals or deposits.
Qivalis, a consortium of 12 major European banks, is in advanced talks with crypto exchanges and market makers ahead of a euro stablecoin launch in the second half of 2026, aiming to build a regulated EU alternative to dollar-backed tokens.
DeepSnitch AI (DSNT) leads the presale surge with a 130% gain, raising over $1.2 million. KBC Bank plans MiCA-compliant Bitcoin and Ether trading for retail investors. Dash extends rally but shows overbought signals, while Pi Network faces selling pressure from large holders.
