<span>STORY: From Binance betting on a home in Greece to Revolut trialing a crypto token pegged to the British pound.</span><span>This is Crypto Weekly.</span><span>:: Crypto Weekly</span><span>:: Binance bets on Greece</span><span>Binance has been seeking a regulatory home in Europe.</span><span>And its co-CEO Richard Teng has said Greece’s labor force and security profile gave it the edge over larger financial centers.</span><span>The world’s biggest cryptocurrency exchange holds about $44 billion worth of bitcoin in its customer wallets.</span><span>It last month applied in Greece to operate in the EU under the trading bloc’s Markets in Crypto-Assets Regulation scheme.</span><span>Crypto companies must obtain the license by July this year.</span><span>:: Circle tops expectations</span><span>Circle surpassed Wall Street expectations for fourth-quarter revenue.</span><span>As income from reserves got a boost from a rise in circulation of its stablecoin token.</span><span>It sent its shares up nearly 30%.</span><span>Circle’s primary stablecoin is seeing a surge in adoption due to favorable regulations such as the GENIUS Act.</span><span>It was signed into law by President Donald Trump last year.</span><span>To establish a federal framework for dollar-pegged stablecoins.</span><span>Circulation of USDC rose 72% from a year earlier to $75.3 billion in the fourth quarter.</span><span>:: Revolut to test stablecoin</span><span>Britain’s Revolut will start testing a crypto token pegged to the British pound.</span><span>It’s in a trial with three small companies but no big high-street lenders.</span><span>The Financial Conduct Authority said the trial will take place as part of the regulator’s “sandbox” program, a trial with controlled conditions. </span><span>Britain’s larger financial firms have generally been more cautious in their approach to stablecoins</span>
