Tagged: mica

February 17, 2025 @ 8:25 am By Omar Faridi  |  

Bitget, the cryptocurrency exchange and Web3 company, has obtained a Virtual Asset Service Provider (VASP) license from Bulgaria’s National Revenue Agency. The licensing now enables Bitget to offer a suite of crypto services within Bulgaria, including the “exchange, trading, transfer, custody, and public offering of… Read More

January 28, 2025 @ 8:21 pm By Omar Faridi  |  

Bitpanda has reportedly become one of the first major crypto firms to secure a MiCA (Markets in Crypto-Assets Regulation) license. Issued by Germany’s Federal Supervisory Authority (BaFin), this milestone reinforces Bitpanda’s goal to remain secure and compliant while offering crypto services. This achievement marks the… Read More

January 26, 2025 @ 3:20 pm By Omar Faridi  |  

Zumo, the B2B digital assets platform, released survey report exploring the preparedness of Crypto-Asset Service Providers (CASPs) for the EU’s incoming Markets in Crypto-Assets (MiCA) regulation, with “a particular focus on sustainability requirements.” The MiCA CASP Sustainability Readiness Assessment snapshot report highlights a “sustainability compliance… Read More

January 24, 2025 @ 7:52 am By Omar Faridi  |  

OKX announced that their platform is reportedly the first Virtual Financial Assets (VFA) exchange to secure a Markets in Crypto-Assets Regulation (MiCA) “pre-authorization.” Upon receipt of a full MiCA license, OKX said they will offer “localized” crypto services to over 400 million Europeans via its… Read More

January 22, 2025 @ 11:48 am By JD Alois  |  

In recent weeks, GOin became the first crypto asset manager to receive a Digital Asset Service Provider License (DASP – agrément en qualité de prestataire de services sur actifs numériques -PSAN) issued by the French Autorité des marchés financiers (AMF). GOin is approved to offer:… Read More

January 22, 2025 @ 7:22 am By Omar Faridi  |  

Gemini says it has chosen Malta as its hub for the Markets in Crypto-Assets (MiCA) framework. This strategic decision underscores Gemini’s ongoing dedication to “enhancing regulatory compliance and European growth.” Having received their Virtual Financial Assets (VFA) Service License in Malta in Dec 2024 (their… Read More

January 19, 2025 @ 8:14 pm By Omar Faridi  |  

Bluprynt, the provider of crypto disclosure solutions, and the Avalanche Foundation announce the launch of new tools to enable the publishing of EU compliance documents on-chain. Through an integration with the Avalanche public blockchain, the firms are enabling token offerors such as “issuers and crypto-asset… Read More

January 19, 2025 @ 2:11 pm By Omar Faridi  |  

Crypto.com has become the first major global crypto asset service provider to announce securing an in-principle MiCA license. Eric Anziani, President and COO, Crypto.com said: “We have always been fully supportive of MiCA and strongly believe it will bring clarity, transparency, and establish a more… Read More

January 17, 2025 @ 11:24 am By JD Alois  |  

MiCA, or markets in crypto markets regulation, aims to create bright-line rules in Europe to enable digital asset innovation. While not regulating digital securities, MiCA covers just about everything else, including stablecoin regulation. The EU wants to encourage the development of new products and services… Read More

January 9, 2025 @ 3:20 pm By JD Alois  |  

While MiCA [Markets in Crypto Assets] rules in the EU do not regulate securities it does outline a path for stablecoin integration. Stablecoins may emerge as the next iteration of payments rails with immediate transfers and low cost services. Dary McGovern, Chief Operating Officer of… Read More

January 3, 2025 @ 4:50 pm By Omar Faridi  |  

BitStaete Asset Management has reportedly obtained its MiCA License as a crypto-assets manager. As of December 30, 2024, all crypto service providers must comply with the European Markets in Crypto-Assets regulation (MiCA). MiCA are EU rules that regulate all digital assets except crypto deemed to… Read More

January 3, 2025 @ 8:47 am By Omar Faridi  |  

MoonPay says it has secured approval under the Markets in Crypto-Assets (MiCA) regulation. Ratified by the European Parliament in April 2023, MiCA establishes a unified regulatory environment for digital assets “across the European Economic Area (EEA)—the world’s second-largest crypto economy behind North America.” MiCA aims… Read More

December 10, 2024 @ 9:07 am By JD Alois  |  

Markets in Crypto-Assets Regulations or MiCA are rules that seek to provide regulatory clarity for firms engaged in the digital asset markets. This includes non-security crypto assets as well as stablecoins. Digital securities are regulated under different rules. In a corporate statement, payments firm Clear… Read More

December 8, 2024 @ 4:03 pm By Michael Wong  |  

The Czech Republic has approved extensive financial market reforms aimed at fostering growth in the crypto and blockchain sectors, in a strategic move to position itself as a premier cryptocurrency hub. According to reports, the newly passed legislation addresses key barriers faced by cryptocurrency companies… Read More

November 26, 2024 @ 12:36 pm By JD Alois  |  

The UK recently revealed it intends to pursue comprehensive regulation of the digital asset sector in 2025. This includes the key stablecoin market, which is one of the most robust sectors of crypto. Today, much stablecoin activity incorporates onboarding or an off-ramp for crypto trading—an… Read More

November 18, 2024 @ 11:42 am By JD Alois  |  

MiCA, or Markets in Crypto Assets regulation, is a transformative change in the European Union that provides regulatory clarity for digital assets that are not deemed to be securities. As the market is quite large, MiCA should help boost crypto innovation in the region—something other regions, like… Read More

November 13, 2024 @ 9:30 am By Omar Faridi  |  

Laurent Benayoun, the CEO of Acheron Trading, has shared key crypto industry insights focused on the European digital assets ecosystem. Benayoun joined the firm following the acquisition of HedgeTech, the trading algorithms and infrastructure provider he co-founded. Passionate about algorithmic trading strategies and market microstructure, Benayoun… Read More

October 7, 2024 @ 12:12 pm By Omar Faridi  |  

Coinbase Global Inc. (NASDAQ:COIN) will reportedly delist all “unauthorized” stablecoins from its digital assets exchange in the European Economic Area by the end of this year. This could be a potential setback for digital tokens such as Tether’s USDT. As widely reported, the European Union… Read More

September 28, 2024 @ 10:55 am By Omar Faridi  |  

Bitvavo, one of the largest European cryptocurrency exchanges, is making MiCA-compliant USDC widely available to Bitvavo’s growing user base to offer regulated, efficient, and transparent dollar stablecoin transactions to European users. MiCA or Markets in Crypto Assets regulation has been approved by the European Union…. Read More

September 23, 2024 @ 10:58 am By JD Alois  |  

Switzerland-based digital asset bank Sygnum has received approval to operate under the Token and Trusted Technology Service Provider license from Liechtenstein’s financial services regulator, the Financial and Markets Authority (FMA). The license positions the bank to operate under the European Markets in Crypto-Assets (MiCA) regulations…. Read More