Tagged: mica

September 19, 2024 @ 11:28 am By JD Alois  |  

Last week at the Digital Commonwealth’s Mansion House Summit Series, Tom Kiddle, co-founder of Palisade – a digital asset custody firm, spoke about his opinion on MiCA. Palisade is a regulated firm based in France. The European Union has approved MiCA, or Markets in Crypto Assets regulation. MiCA aims… Read More

September 16, 2024 @ 9:24 am By JD Alois  |  

The DLT Science Foundation (DSF) is launching the MiCA Crypto Alliance, which is backed by Hedera, Ripple, and the Aptos Foundation. MiCA or Markets in Crypto Assets regulation is a relatively new law approved by the European Union. It aims to create a regulated space… Read More

August 27, 2024 @ 1:02 pm By JD Alois  |  

Sygnum Bank is a digital asset-focused financial institution that is based and regulated in Switzerland, supervised by the Swiss Market Financial Authority (FINMA). The company also holds a CMS [Capital Market Services license issued by the Monetary Authority of Singapore (MAS). Both of these jurisdictions… Read More

August 27, 2024 @ 8:30 am By Omar Faridi  |  

Binance says it will be listing Eurite (EURI) and introduce EURI zero trading fee promotions as well. Binance reminds users to do their own research before making any trades for the aforementioned token outside Binance in order “to avoid any scams and ensure safety of… Read More

August 2, 2024 @ 12:20 pm By JD Alois  |  

The European Securities and Markets Authority (ESMA) says National Competent Authorities (NCAs) – or member state regulators – must remain vigilant in regard to crypto markets as MiCA goes into force. The “Opinion” posted by ESMA states that “in order for MiCA to deliver on… Read More

July 17, 2024 @ 7:55 am By Omar Faridi  |  

The three European Supervisory Authorities (EBA, EIOPA, and ESMA – the ESAs) published a consultation paper on Guidelines under Markets in Crypto-assets Regulation (MiCAR), establishing templates “for explanations and legal opinions regarding the classification of crypto-assets along with a standardized test to foster a common… Read More

July 16, 2024 @ 8:30 pm By JD Alois  |  

  On June 30, 2024, the Markets in Crypto-Assets (MiCA) regime went into effect in the EU. MiCA regulates non-security digital assets, including stablecoins. The EU legislation aims to create an environment where digital asset innovation may take place while providing a compliant ecosystem to… Read More

July 8, 2024 @ 10:46 am By Omar Faridi  |  

Chainalysis has been sharing detailed insights on issues related to MiCA’s Stablecoin Regime and its remaining challenges. Despite the extensive work by the EBA and ESMA, in close cooperation with national regulators, Chainalysis points out that MiCA still leaves “some room for interpretation and uncertainty,… Read More

July 2, 2024 @ 12:36 pm By Omar Faridi  |  

Circle, a global financial technology firm and the issuer of USDC and EURC, has announced that it has become the “first” global stablecoin issuer to achieve compliance with the European Union‘s Markets in Crypto-Assets (MiCA) regulatory framework. This achievement was reportedly enabled “by the company’s… Read More

June 28, 2024 @ 11:38 am By JD Alois  |  

Top European tokenization platform, Tokeny, has distributed an email highlighting the fact that MiCA or Markets in Crypto Assets regulation, does not regulated digital assets which are securities or other financial assets. MiCA goes into force on June 30, 2024. The EU regulation provides rules… Read More

June 26, 2024 @ 9:03 am By JD Alois  |  

MiCA, or Markets in Crypto Assets regulation approved by the EU, will soon come into effect. The new regulations aim to create a compliant ecosystem to enable digital asset innovation while protecting consumers and businesses. Today, Bitstamp, a long-established crypto exchange, has announced that it… Read More

January 31, 2024 @ 11:19 am By JD Alois  |  

The European Securities and Markets Authority (ESMA) posted two consultations on crypto this week—one consultation on reverse solicitation and another on the classification of crypto-assets as financial instruments. The European Union (EU) has approved bespoke rules for crypto under MiCA or Markets in Crypto Assets regulation…. Read More

January 19, 2024 @ 9:12 am By JD Alois  |  

While London remains the top European financial center, Brexit has put pressure on this status. This has created opportunities for other European financial centers, but the question remains: do they have the capacity and ability to act and gain traction? Today, the Autorité des Marchés… Read More

January 18, 2024 @ 6:48 pm By JD Alois  |  

The European Banking Authority (EBA) has shared its guidance on money laundering (ML) and terrorist financing (TF) for crypto asset service providers (CASPs). All banks must adhere to strict Anti-Money Laundering (AML) and Know Your Customer (KYC) rules, and crypto firms are no different. The… Read More

December 26, 2023 @ 8:45 am By Tony Zerucha  |  

AU10TIX, a global technology provider of identity verification and management services, this week released its Q3 2023 Global Identity Fraud Report. Drawing insights from millions of transactions processed across 249 countries from July to September 2023, the report uncovers significant trends in the world of… Read More

December 18, 2023 @ 9:20 am By JD Alois  |  

MiCA, or Markets in Crypto Assets, is the European Union’s rules to create an ecosystem where digital assets can innovate and evolve while providing a level of user protection. Recently, ESMA [European Securities and Markets Authority] announced a second public consultation on the implementation of… Read More

October 19, 2023 @ 9:08 am By JD Alois  |  

Coinbase (NASDAQ:COIN), the second largest crypto exchange in the world, has announced a new office in Dublin, Ireland as its European Union headquarters. The EU has approved digital asset regulations under the MiCA law or Markets in Crypto Assets. The new regulations are being implemented… Read More

October 17, 2023 @ 11:53 am By JD Alois  |  

MiCA, or markets in crypto assets regulation, was approved by the European Union earlier this year. The aim is to provide regulatory clarity for digital assets in the EU. Today, the European Markets and Securities Authority (ESMA) has issued a statement cautioning crypto investors that… Read More

September 22, 2023 @ 6:05 am By Omar Faridi  |  

eToro, the trading and investing platform, has announced that its application for registration under the CySEC CASP (Crypto Asset Service Provider) Register in Cyprus has been approved. The registration will enable eToro to “offer regulated crypto services to all EU countries on a cross-border basis… Read More

August 10, 2023 @ 8:54 am By JD Alois  |  

The Government of Ireland has submitted its own consultation on possible regulation of digital assets or crypto. The European Union has approved crypto asset regulation under MiCA. Ireland, part of the EU, is flexing its prerogative to present its own consultation on possible regulation or… Read More