Tag Archives: MiCA

Coinbase’s vice presidents for international business and international policy are clearly dissatisfied with the regulatory situation in the United States. Coinbase is strategically expanding its cryptocurrency exchange services globally, with a particular emphasis on markets with clear regulatory frameworks. In its short-term expansion strategy, Coinbase is prioritizing countries outside the United States based on their well-defined cryptocurrency regulations. Notable countries in this...

CoinspeakerFrance Modifies Regulatory Requirements for Crypto Firms to Align with MiCA Regulation The "enhanced" registration requirements will be effective from January 1, 2024. France Modifies Regulatory Requirements for Crypto Firms to Align with MiCA Regulation

CoinspeakerEuro Stablecoin Market Set to Grow with Real-World Applications and Clear Regulations Meanwhile, the European Union has recently proposed a comprehensive regulation called the Markets in Crypto-Assets (MiCA). MiCA aims to offer legal certainty and consumer protection for crypto-asset issuers and service providers. Euro Stablecoin Market Set to Grow with Real-World Applications and Clear Regulations

Binance will not delist privacy coins in Europe, opting instead to review its classification of assets in line with EU law. Binance has reviewed its decision to delist several privacy coins in Europe. The exchange will no longer delist these coins as it works to comply with regulations stipulated by European authorities. Binance will now reclassify privacy coins to satisfy regulations. In a recent comment, Binance said: “After carefully considering feedback from our community and...

Gemini also plans to expand its workforce after the EU adopted the new Markets in Crypto-Assets Regulations (MiCA), which were formally approved on May 16. Cryptocurrency firm Gemini has revealed that Dublin, Ireland, will be the home of its new European headquarters. On May 25, Tyler and Cameron Winklevoss, owners of the crypto firm, told reporters that the established technology and innovation community, a strong regulatory landscape, and a huge talent pool were all factors that...

The ESRB recommended restrictions on crypto firms’ lending to clients, especially for leveraged bets, and suggested higher collateral requirements for distributed finance products and stablecoins. On Thursday, May 25, an EU watchdog – the European Systemic Risk Board – recommended that European authorities should curb leveraged bets on digital assets by introducing limits for investment funds and exchanges. Over the last few years, with the growing number of market participants, crypto...

Was sind die europäische Hotspots für leidenschaftliche Gründer im Bereich Bitcoin? Aufgrund der klaren Vorgaben, die die Europäische Union mit dem Regulierungssystem Markets in Crypto Assets, kurz genannt MiCA, macht, gelten Metropolen in Europa mittlerweile als optimaler Standort für die Gründung von Kryptoprojekten wie zum Beispiel der Auflage von Fonds. Das im April 2023 vom Parlament der Europäischen Union gebilligte Regelwerk tritt bereits in...

While the EU is in the final stages of making MiCA a reality and hence fosters a more defined market participation, the industry has been fussing around the laid-back approach of the US in relation to floating similar rules. The European Union (EU) has now broken the record of being the first region in the world to pass the most comprehensive regulations to guide the broader nascent digital currency ecosystem. The recent approval came from the EU Parliament who voted for the bill by a...

The news comes as crypto companies are looking outside the United States and China for regulatory clarity. Cryptocurrency exchange Kraken has received regulatory approval to operate in Ireland. The company successfully registered its Irish subsidiary Payward Europe Solutions Limited with the Central Bank of Ireland as a virtual asset service provider (VASP) on April 18. The VASP license allows the crypto exchange to legally operate in the country. 📣 We’re pleased to announce that Kraken...

As far as the EU is concerned, it is gradually advancing in its crackdowns on the crypto industry through functional regulation. The European Union (EU) is set to vote on a new set of Anti-Money Laundering (AML) laws that may impose some significant restrictions on transactions involving the crypto market. According to recent clarifications given by Damien Carême, a French lawmaker from the Green party, the new restrictions will be based on scenarios where the sender cannot be identified....