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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.

Crypto Biz: Kraken denies USDT delisting, crypto custody on the rise, and more

[May 24 3:30 PM] This week’s Crypto Biz explores Kraken’s stablecoin plans in Europe, the departure of Grayscale’s CEO, Prometheum’s Ether custody service that treats ETH as a security, and more.

Crypto Infrastructure Firm Ramp Network Secures Ireland Registration

[May 23 7:00 AM] It plans to make Ireland its European headquarters and secure a license as a Crypto Asset Service Provider.

Kraken Insists It Will Keep USDT Listed in European Markets

[May 20 7:39 PM] Kraken, a U.S.-based cryptocurrency exchange, insists it will keep USDT listed in European markets as long as regulations regarding stablecoins are not finalized. Mark Greenberg, Global Head of Kraken’s Asset Growth and Management Business…

Kraken considers dropping USDT in Europe ahead of new regulations

[May 17 11:11 AM] With new regulations in Europe set to enforce strict limits on transactions and reserve requirements, Kraken is assessing its stablecoins listing.

EU seeks stakeholder opinions on adding crypto to 12T euro investment market

[May 9 4:28 AM] If approved, the EU’s UCITS funds would make way for crypto assets to gain exposure to a 12 trillion euro investment product market.

Here’s How EU Nations Are Preparing to Enforce MiCA

[Apr 29 12:00 AM] With MiCA stablecoin rules taking effect in June, CoinDesk reached out to regulators in all 27 EU member states to show where countries are at with implementation.

EU's MiCA Rules Have Had Little Influence on the European Crypto Market, Regulator Says

[Apr 10 9:22 AM] The rules, which take effect at the end of the year, have yet to spur increased euro-based transactions in crypto markets.

Blockchain Space Continues to Evolve Even During Lean Periods, Says Michael Amar

[Apr 6 5:21 AM] The blockchain and crypto industry has never stood still including during the prolonged lean period known as the crypto winter, asserted Michael Amar, co-founder of the Paris Blockchain Week Summit. Amar believes the resilience shown by market…

Makerdao Co-Founder Rune Christensen: Defi Frontends Might Need Licenses to Operate in Europe

[Apr 5 11:35 PM] Rune Christensen, a co-founder of the Makerdao project, has warned about the possible disruptions linked to hypothetical EU-wide requirements for defi fronteds to receive a license for operating. Christensen said this would decelerate the EU to the…

EU Watchdog Says Reordering Blockchain Transactions Might Be Market Abuse. Industry Says It's Not

[Apr 4 10:00 PM] Maximum Extractable Value (MEV), in which crypto miners reorder transactions they validate for profit, is not inherently bad, some policy experts point out.

EU Regulators Publish Batch of Draft Rules for Stablecoins Under MiCA

[Mar 13 6:01 AM] The draft Regulatory Technical Standards (RTS) lay out requirements for issuers when dealing with complaints about stablecoins referencing multiple currencies.

Upcoming High-Level EU Financial Policy Talks Could Steer Crypto Oversight: Source

[Feb 14 1:20 PM] An informal document shared among EU officials shows digital finance, and thereby crypto, topping a list of priorities to be discussed.

The Big Misunderstanding: What MiCA Really Means for Stablecoins in Europe

[Feb 6 12:32 PM] The EU's comprehensive crypto guidance does not introduce entirely new regulations for fiat backed stablecoins, former central banker Jón Egilsson writes. Instead it affirms existing rules that many current issuers are not yet following.

Crypto Winter In Spain? New Taxes Target Digital Assets

[Feb 5 2:00 PM] In a move that could have ripple effects across Europe, Spain is tightening its grip on crypto monitoring and seizing digital assets for tax debts. The Ministry of Finance, led by María Jesús Montero, is spearheading legislative reforms to grant…

Spanish Treasury Proposes Tax Reform to Allow Cryptocurrency Seizures

[Feb 5 1:30 AM] The Spanish Treasury is proposing a tax reform to allow the seizure of cryptocurrency assets when liquidating tax debts. According to local sources, the proposal would also allow the state administration to embargo these digital assets as it is…

Crypto Needs Cohesive Regulation – A Look at Europe’s MiCA

[Jan 24 10:45 AM] From the U.S. to South Asia, jurisdictions are creating a patchwork of crypto regulatory regimes, making international business harder. Europe, with its bloc-wide Markets in Crypto-Assets Regulation (MiCA), is different.

Crypto Industry Cautiously Welcomes Agreement on New EU AML Rules

[Jan 19 3:00 AM] Customer due diligence requirements for crypto firms may be more stringent than for banks, policy watchers told CoinDesk.

EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms

[Jan 16 7:55 AM] The European Banking Authority issued new guidance for crypto firms that will come into effect on Dec. 30, 2024.