Tag Archives: MiCA

Unlike what JPMorgan offers with its JPM Coin, the EUR ConVertible will be available for trading, thus opening up immediate access for a wide range of investors. Societe Generale, the third-largest bank in France is set to launch its EUR CoinVertible stablecoin on the crypto exchange Bitstamp. The move represents a pioneering effort by the Paris-based bank as it will be the first bank to offer a stablecoin on a cryptocurrency exchange. For what it’s worth, the bank’s groundbreaking action...

The forthcoming MiCA regulation aims to introduce a uniform set of rules and guidelines for crypto assets that currently operate outside the scope of traditional financial regulations. Fidelity Investments, one of the leading asset management companies in the United States, plans to establish its presence in Europe through its crypto subsidiary Fidelity Digital Assets.  The unit, launched in November 2018 to offer Wall Street investors the opportunity to buy and sell cryptocurrencies such...

Coinbase is looking to expand its footprint in Europe amid more crypto-friendly MiCA laws that will allow it to operate in all 27 EU states under a single license. In a major move, crypto exchange Coinbase Glonal Inc (NASDAQ: COIN) has decided that it will select Ireland as its regulatory hub in the entire EU region. Currently, Coinbase already has its presence in Ireland holding an office in Dublin since 2018. As of now, Ireland employs nearly 100 people in Ireland. Coinbase has applied...

Binance – the world’s largest and most popular digital currency exchange – may not remain in Europe, according to various analysts. What Will Happen with Binance in Europe? Right now, Binance is being hit from both sides. In the U.S., for example, regulations are coming down hard. The company is the victim of a lawsuit filed against it by the Securities and Exchange Commission (SEC), and it has stated that it may shut down its America-based unit as a means of...

Aside from the EU, Hong Kong and the United Kingdom have also made progress with crypto regulation. Malta’s Financial Services Authority (MFSA) has begun a public consultation on the proposed changes to its crypto rulebook. The regulator circulated a draft document representing the revised version of its crypto regulation on Monday. Malta issued the rulebook for the first time in February 2019. Since then, the document has passed through five revisions to align it with best practices...

Daswiederaufladbare Bitcoin-Wallet Start2Coin in Formeiner Zahlungskarte wird von dem Fintech-Unternehmen SweePay AG vertrieben, das Zahlungsdienstleistungen anbietet und Eigentümer der Marke ist. Das digitale und wiederaufladbare Wallet ist einfach und schnell in der Anwendung. Es soll den Kauf virtueller Währungen möglichst vielen Menschen zugänglich machen und setzt keine besonderen Vorkenntnisse über die Blockchain oder virtuelle digitale Assets voraus. Um die Benutzererfahrung zu...

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...