MiCA

The collapse of FTX in 2022 and Binance’s recent $4.3 billion settlement with U.S. authorities provide a strong argument for the provisions of the European Union’s markets in crypto-assets (MiCA) legislation, a European Commission official said in an interview.Ivan Keller, policy officer f ...

Spanish Ministry of Economy and Digital Transformation reported that the first comprehensive European Union crypto framework, the Markets in Crypto Assets (MiCA) Act, will come into force on the national level in December 2025.As follows from the release published by the Ministry on Oct. 2 ...

The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) on Oct. 20 jointly released a consultation paper featuring two drafts. These drafts encompass the assessment of the suitability of management body members and shareholders or members holding qualifying s ...

Cryptocurrency investors in Europe are not yet protected under European Union cryptocurrency asset market rules and it will take some time for the protections to take effect.Europe’s securities regulator, the European Securities and Markets Authority (ESMA), on Oct. 17 issued a statement a ...

Mário Centeno, the Governor of Banco de Portugal, has joined the growing number of regulators advocating for a global framework to regulate cryptocurrencies effectively. In his opening speech at the 2023 Banco de Portugal Financial Stability Conference on October 2, Centeno emphasized the need for i ...

While United States regulators such as Securities and Exchange Commission Chair Gary Gensler make bad-faith claims that “there’s been clarity for years” when it comes to cryptocurrency, the European Union took real action in April when it passed the Markets in Crypto-Assets (MiCA) regulatory fram ...

On July 11, the European Commission formally adopted its new strategy on Web4 and virtual worlds with the aim of ensuring “an open, secure, trustworthy, fair and inclusive digital environment” for European Union citizens. The strategy is based on four main pillars, revolving around th ...

The European Union has been vocal about its place in the rapidly expanding ecosystem of emerging technologies. It has been a leader in establishing clear crypto regulations with its long-awaited Markets in Crypto-Assets (MiCA) framework signed into law in late May. The EU has als ...

The future is bright for euro-denominated stablecoins, according to Patrick Hansen, European Union strategy and policy director at Circle. The United States dollar may preserve its first-mover advantage, but euro stablecoins will see increasing real-world use cases emerge to lift them above thei ...

The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a consultative paper on Markets in Crypto-Assets (MiCA) mandates on July 12. It was the first of three consultative packages the agency expects to publish and concerns technical speci ...

Stablecoin use could be "stifled" by daily transaction caps in the European Union's Markets in Crypto-Assets (MiCA) legislation, with some calling for the framework to be revised.On May 31, MiCA was signed into law which paved the way for the world’s first regulatory guidance on cryp ...

CACEIS Bank, the asset servicing arm of Crédit Agricole and Santander, has received a crypto custody license in France, according to the regulator’s website on June 20. CACEIS claims to be a European leader in asset servicing, offering services from clearing and fund administrati ...

After a momentary retest of the $25,000 support on June 15, Bitcoin (BTC) gained 6.5% as bulls successfully defended the $26,300 level. Despite this, the general sentiment remains slightly bearish as the cryptocurrency has declined by 12.7% in two months.The dismissal of Binance.US's tempo ...

European financial firms serving cryptocurrency companies intend to increase the staff of B2B sector compliance specialists. Several companies - Greengage Global Holding, BCB Group, Blockbank and Fiat Republic - have announced their intention to significantly strengthen the ...

European crypto investment platform Bitpanda has partnered with Coinbase exchange to help European banks offer cryptocurrency to their clients. According to BitPanda chief operating officer Lukas Enzersdorfer-Konrad, despite the crisis in cryptocurrency, banks still want ...

European Securities and Markets Authority (ESMA) has published an official warning about the risks of investing in cryptocurrencies, which remain relevant until the entry into force of the law on the regulation of cryptocurrencies in the European Union (MiCA). ESMA states t ...

The Central Bank of Norway (Norges Bank) proposed not to wait for the entry into force of the draft law on regulation of cryptocurrencies in the European Union (MiCA), and to develop their own rules for their oversight. Norges Bank released its annual "Financial Infrastru ...

European Systemic Risk Board (ESRB) called on European authorities to ban the possibility of using borrowed funds for cryptocurrency trading. For this purpose the regulator proposes to set restrictions for investment funds, cryptocurrency exchanges and other organizations ...

Circle announced that its Euro Coin Stablecoin (EUROC), pegged to the euro, is supported by the Avalanche ecosystem. This will allow any transactions with EUROC between the Avalanche and Etherium networks. EUROC Stablecoin appeared ...

Cryptocurrency exchange OKX is looking at France as a regional hub in Europe and also plans to hire about 100 people over the next three years, spokesman Tim Byun said. "We intend to hire 100 full-time employees over the next three years.. I think we'll hi ...

They plan to open a representative office in the region And hire a staff of 100 people Krypto-exchange OKX has applied in France to become a digital asset service provider (DASP). The documents will be reviewed by the Autorité des Marchés Financiers and the Au ...

American regulated cryptocurrency platform for institutional investors Bakkt is interested in entering the European market after the passage of the MiCA cryptocurrency regulation law. Bakkt product director Dan O'Pray said that Bakkt is looking positively at the development ...

On Tuesday, May 16, the European Council completed the procedure for harmonizing legislation on the regulation of the crypto-assets market in the EU. Finance ministers from the 27 countries that make up the European Union have unanimously supported the draft law on regula ...

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said that rules for token issuers and cryptocurrency exchanges already exist, but they are fundamentally unwilling to comply. While speaking at a Federal Reserve Bank of Atlanta conference, Gary Gensler was ...

DAC8 will extend the directive's requirements to the entire digital asset sector Service providers within the Eurozone will be required to track transactor data This is how the EU intends to combat illegal activities and tax defaulters The EU Council ...

This significantly increases the chances of ratifying the bill in its original format The EU Council also approved an amendment to the Administrative Cooperation Directive These are designed to address the problem of cryptocurrency capital gains tax non-payers ...

According to Tether's CTO, the two solutions should not be banned And the current queue problems are a "puncture" of the big CEX The Blockchain Week Rome 2023 conference concluded last week.. Tether CTO Paolo Ardoino was among the speakers at the event. In a p ...

U.S. Securities and Exchange Commission (SEC) Commissioner Esther Pearce believes that the recently passed European Union's Cryptocurrency Regulation Act (MiCA) would be a good model for oversight of the industry. Speaking at the Crypto and Digital Assets Summit in London, ...

German crypto startup Unstoppable Finance announced its intention to create Europe's first fully regulated bank offering crypto assets and DeFi services to customers. The Unstoppable team announced that the bank, along with a suite of traditional financial services, will ...

The French Financial Markets Authority has outlined plans to align its existing regulations for licensing and supervising crypto companies with the new MiCA law recently adopted by the European Union. The AMF has announced that it has developed a transition plan following the approval of the draf ...

The European Parliament has given its approval to the EU Cryptocurrency Regulation Bill (MiCA), a landmark piece of legislation that seeks to establish clear standards for the industry and safeguard the interests of crypto investors. The MiCA framework received strong support from 517 members of ...