5 / 8 Relevant items tagged with #MiCA

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Why Binance Is Abandoning Most of Europe

[Aug 10, 2023 4:01 AM] Crypto firms only need regulatory approval in one EU nation under new regulations to serve the single market – but some states are more prepared to implement MiCA rules than others.

France Steps Closer to Implementing MiCA for Crypto Firms

[Aug 10, 2023 2:52 AM] The country's financial regulator AMF has "enhanced" registration requirements for digital asset service providers set to take effect on Jan. 1, 2024.

Crypto Custodian Hex Trust Expands European Foray With Registration in France

[Aug 2, 2023 1:00 AM] The registration, which follows last year's approval in Italy, is "a significant milestone" for its European expansion plans, Hex Trust said.

EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says

[Jul 24, 2023 11:18 AM] The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements

SEC’s Stuttering Litigation Strategy Draws Comment From France

[Jul 20, 2023 4:19 AM] French officials boast of crypto-ready laws that contrast with a stuttering enforcement campaign from the U.S. SEC – and are looking to the next generation of Web 3 gaming rules.

The European Commission’s Web4 strategy might be a flop

[Jul 18, 2023 2:10 PM] There’s a lot of work left to be done on Web 3.0. The European Commission is getting ahead of itself by trying to move to what it calls “Web 4.0.”

Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity — Circle exec

[Jul 17, 2023 10:36 AM] Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC: It all looks rosy, he said.

Bitcoin ETFs Can Boost ‘Overall Reputation of Certain Cryptocurrencies’ — Brighty App Co-Founder

[Jul 16, 2023 2:00 AM] According to Nikolay Denisenko, the co-founder and CTO of the financial and earning application Brighty App, the digital version of the pound sterling can be a bridge that enables “easy conversions between different types of crypto…

It's Time for a Euro Stablecoin

[Jul 12, 2023 2:14 PM]

European regulator releases consultative paper on MiCA standards for crypto asset service providers

[Jul 12, 2023 12:10 PM] The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations.

European Banking Authority calls for early adoption of stablecoin standards

[Jul 12, 2023 5:55 AM] EBA officials anticipate a surge in stablecoin issuance in the coming months and have urged businesses to use its guiding principles before restrictions are implemented.

Stablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking Agency

[Jul 12, 2023 4:57 AM] Regulators can be notified of stablecoin-related operations now even though the rules don’t take effect until June 2024, the European Banking Authority said.

EU Securities Agency Issues First Batch of Detailed Crypto Rules Under MiCA Law

[Jul 12, 2023 3:22 AM] Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets law

European trade body warns against the exclusion of DeFi from MiCA

[Jul 7, 2023 6:29 AM] The trade body recommended creating a taxonomy for the DeFi ecosystem and a consistent regulatory framework along with different levels of centralization.

Denmark's Financial Watchdog Orders Saxo Bank to Shed Its Crypto Holdings

[Jul 5, 2023 5:04 AM] Danish bank Saxo has been ordered by Denmark's financial regulator to shed its own holdings of cryptoassets.

Binance Crypto Custody License Application Denied by German Regulator BaFin: Report

[Jun 29, 2023 3:33 AM] Binance said it is continuing to comply with BaFin requirements in "a detailed and ongoing process."

Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets

[Jun 28, 2023 10:30 PM] Cryptocurrency exchange Binance has reconsidered a decision to delist some privacy tokens in several European markets. The leading coin trading platform will continue to offer trading in these digital assets after revising their classification to…

Bybit Expands Global Presence With Cyprus Crypto License

[Jun 26, 2023 9:30 AM] Bybit, the third biggest crypto exchange in the world, is expanding its global presence. Today, the exchange announced that it has been granted a license to operate a cryptocurrency exchange in Cyprus and provide custody services for digital…

Binance Rescinds Decision To Remove Privacy Coins From European Market

[Jun 26, 2023 8:30 AM] Binance has made a decision to reverse its initial plan of delisting certain privacy coins in Europe. This change in course comes after the exchange revised its operations to align with the local regulatory requirements. According to the developers…

Binance Ordered to Cease All Crypto Services in Belgium

[Jun 23, 2023 6:30 PM] Crypto exchange Binance has been ordered by Belgium’s Financial Services and Markets Authority (FSMA) to cease providing any crypto exchange and custody wallet services in the country. The Belgian financial regulator stressed that it…

Crypto enthusiasts are wrong to target Gary Gensler

[Jun 22, 2023 3:06 PM] Laws in the United States are the problem. Cryptocurrency advocates should focus on changing them — and, in the meantime, consider moving to the European Union.

Santander, Crédit Agricole asset arm receives French crypto custody license

[Jun 22, 2023 12:00 PM] CACEIS’s registration comes just in time to avoid the bank being subject to France’s new crypto regulations.

Binance Unit in Britain Cancels UK Regulatory Authorization

[Jun 20, 2023 3:30 PM] Britain’s financial regulator has approved a request by Binance to cancel its regulatory permissions in the United Kingdom. The move comes as the world’s leading cryptocurrency exchange takes steps to focus on fewer European markets amid increased…

Crypto Conglomerates Should Be Regulated, MiCA 2 Needed, Bank of France Governor Says

[Jun 18, 2023 10:30 PM] International cooperation is necessary to regulate crypto conglomerates, according to the head of the central bank of France. Speaking at a tech forum in Paris, Governor Villeroy de Galhau also suggested that a new version of the EU’s recently…

Binance Pulls Out of Netherlands, Seeks to Deregister Cyprus Unit

[Jun 17, 2023 3:00 AM] The world’s largest crypto exchange, Binance, said it’s exiting the Dutch market as it has been unable to obtain registration as a crypto service provider. The news comes after Binance’s entity in Cyprus applied to be removed from the country’s…

EU regulator will launch MiCA consultation starting in July

[Jun 15, 2023 1:30 PM] The MiCA framework suggested a roughly 18-month timeline to fully take effect, with regulators and lawmakers seeming to go through proposals aimed at ensuring a smooth implementation.

EU to Consult on Crypto Complaints, Conflict of Interest Rules in July

[Jun 15, 2023 8:06 AM] The bloc’s securities-market authority ESMA is to fill in the details of the flagship crypto law MiCA

Bitmex Group CEO: US Crypto Crackdown May Drive Top Talent to ‘Markets With More Regulatory Certainty and Lower Risk’

[Jun 9, 2023 5:30 PM] Unlike in the United States where authorities are cracking down on the crypto industry, the regulations governing the industry are “more clearly defined and commercially viable in markets like Hong Kong, Singapore, and the UAE,” Stephan…

EU’s Landmark Crypto Law MiCA Published in Official Journal

[Jun 9, 2023 12:34 AM] The procedural move means landmark licensing, stablecoin and anti-money laundering rules apply as of December 30, 2024.

U.S. SEC Enforcement Could Boost Europe's Crypto Chances, Officials Say

[Jun 7, 2023 8:57 AM] EU officials are hoping to tempt crypto innovators as Binance and Coinbase complain of regulation by enforcement in the U.S.