2 / 7 Relevant items tagged with #MICA

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EU Regulator Details How It Classifies Unlawful Overseas Businesses Under MiCA

[Aug 1 5:15 PM] The European Securities and Markets Authority released an opinion report to aid firms that may do business with overseas firms in order to prevent them breaching the rules on Wednesday.

USDC trading volume soars 48% in July, driven by MiCA, market growth

[Jul 31 7:42 PM] The market capitalization of stablecoins increased by 2.1% to $164 billion in July, the highest level since April 2022.

Veteran Blockchain Developer: Overregulation Creates Hurdles for Crypto Companies, Diminishing Overall User Experience

[Jul 21 10:30 AM] While regulations are generally meant to protect consumers, in practice, they create hoops for crypto companies to jump through, thus diminishing the overall user experience, said Ivo Georgiev, co-founder and CEO of Ambire Wallet. Georgiev argues…

EU releases crypto-asset classification tools to help firms comply with MiCA

[Jul 19 7:51 AM] EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play.

OKX Picks Malta Over France as Europe Hub to Comply With EU's MiCA Crypto Rules: Sources

[Jul 11 12:41 PM]

Italy Prepares to Issue Guidelines on Implementing EU Crypto Regulation

[Jul 9 4:36 PM] Italy’s central bank will soon release guidelines on implementing the European Union’s Markets in Crypto Assets Regulation (MiCA) Regulation to ensure the payment system’s regular functioning, Bank of Italy Governor Fabio Panetta…

EU–US Financial Forum Highlights Cooperation on Crypto Regulation

[Jul 3 6:31 PM] The EU–U.S. Joint Financial Regulatory Forum took place last week, with participants exchanging views on topics of mutual interest as part of their regular financial regulatory dialogue. The dialogue was hosted by the European Commission and the…

No, Denmark did not propose to ban self-custody wallets

[Jul 2 5:59 AM] The Danish Financial Supervisory Authority said the exemption of self-custodial wallets from MiCA doesn’t mean such wallets should be banned.

Circle Awarded Europe’s First Stablecoin License Under New MiCA Crypto Rules

[Jul 1 8:30 PM] Cryptocurrency firm Circle has achieved a significant milestone by securing registration as an electronic money institution (EMI) in France. This move grants Circle a crucial license to operate as a compliant stablecoin issuer under the European…

Circle’s Stablecoins Now MiCA Compliant

[Jul 1 7:20 PM] Circle has announced that its stablecoins, USDC and EURC, are now compliant with the EU’s Markets in Crypto Assets (MiCA) regulation. This compliance allows Circle to natively issue these stablecoins to European customers. The company is also…

Circle becomes first licensed stablecoin issuer under MiCA

[Jul 1 10:52 AM] Circle’s USDC and EURC stablecoins become the first fully compliant digital fiat tokens under the Markets in Crypto-Assets rules.

Circle Snags First Stablecoin License Under EU's New MiCA Crypto Rules

[Jul 1 9:00 AM] Circle Mint France will issue the euro-denominated EURC stablecoin and USDC in the European Union in compliance with MiCA.

Nigeria urged to adopt crypto regulations inspired by Europe

[Jun 30 6:43 AM] Nigerian data and policy analyst Obinna Uzoije noted that a unified regulatory framework for all ECOWAS member states would offer potential crypto investors much-needed clarity.

Crypto Biz: Jump Crypto exec steps down, first MiCA deadline looms, and more

[Jun 28 3:00 PM] This week’s Crypto Biz explores the departure of Jump Crypto’s CEO, Animoca Brands’ return to public markets, the corporate dispute between Riot and Bitfarms, and other news.

Elections Across Europe Won't Hinder Bloc's Crypto Ambitions

[Jun 28 9:24 AM] France, Austria, Germany and other countries are expected to have elections soon, following this month's European Parliament contest.

Europe's MiCA Is Finally Here. How Will the U.S. Respond?

[Jun 28 7:00 AM] It's time for the U.S. to reassert its place as the global leader in financial services regulation and innovation, writes Circle's Dante Disparte.

Paradigm calls on European markets regulator to show nuance regarding MEV

[Jun 27 1:10 PM] The venture capitalist firm said ESMA’s approach to crypto market abuse could be a disaster for the industry without suggesting any better ideas.

EU's Restrictive Stablecoin Rules Take Effect Soon and Issuers Are Running Out of Time

[Jun 27 7:41 AM] The European Banking Authority told CoinDesk it intends to publish a final report on how it will monitor stablecoin issuers by the end of the month.

MiCA laws come into effect in Europe — Here’s what you need to know

[Jun 27 7:20 AM] The EU's Markets in Crypto-Assets Regulation (MiCA) introduces new rules for the cryptocurrency industry, which will affect stablecoins and crypto asset service providers.

Many EU Crypto Entities May Not Know the Correct Deadline for Sustainability Disclosures Under MiCA: Risk Analyst

[Jun 26 5:42 AM] Several crypto asset service providers (CASPS) in the European Union (EU) may not know the correct deadline to make sustainability disclosures reflecting their environmental footprint despite a clarification made by the bloc's securities regulator…

SEC drops investigation into Ethereum: Law Decoded

[Jun 24 1:02 PM] A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees.

Italian gov’t to ramp up surveillance of crypto market

[Jun 20 12:00 PM] The latest draft policy stipulated fines between 5,000 and 5 million euros ($5,400–$5.4 million) for market manipulation and other financial crimes.

Crypto Exchanges Brace for EU’s MiCA Rules: Stablecoins Delisted by Uphold, Binance

[Jun 20 8:30 AM] This month, several cryptocurrency exchanges are delisting certain stablecoins to align with the European Union’s Markets in Crypto-Assets (MiCA) regulations, which establish more stringent rules for fiat-backed and algorithmic stablecoins…

Uphold to delist USDT and 5 stablecoins by July 1, citing MiCA

[Jun 18 1:13 AM] Apart from Uphold, other major crypto exchanges, including Binance, Kraken and OKX, also tweaked their stablecoin listing policies to comply with MiCA regulations.

MiCA regulation takes shape under EBA’s newest guidelines

[Jun 13 3:24 PM] The European Banking Authority has introduced a series of technical standards and guidelines for token issuers as MiCA implementation moves forward.

EU Body Publishes Final Draft Technical Standards for Prudential Matters: MiCA

[Jun 13 9:35 AM] The European Banking Authority (EBA) published on Thursday the final draft technical standards on prudential matters for firms to comply with that fall under the markets in crypto assets (MICA) legislation.

Binance Announces Restrictions on Unauthorized Stablecoins in EU to Comply With MiCA Regulations

[Jun 3 6:31 PM] Crypto exchange Binance announced Monday its strategy to comply with the forthcoming Markets in Crypto Assets Regulation (MiCA) stablecoin rules, set to take effect on June 30 across the European Economic Area (EEA). These regulations will restrict…

Binance prepares for MiCA rules, updates stablecoin strategy

[Jun 3 2:54 PM] Binance will ease European users’ transition from unauthorized to regulated stablecoins with a “sell-only” strategy.

Binance France changes ownership following regulator warning

[May 28 3:06 PM] Former CEO Changpeng Zhao cannot be Binance's beneficiary if it wants to keep its French license.

ESMA labels MEV as 'market abuse’ in latest consultation paper

[May 28 10:47 AM] The European Union's Securities and Markets Authority has recommended treating miner-extracted value (MEV) as a form of market abuse under the MiCA regulatory framework.