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The European Securities and Markets Authority (ESMA) has moved to the final phase of establishing a regulated environment for crypto assets in the EU with the publication of its latest report on the Markets in Crypto Assets (MiCA) regulation. The…
The Polish government is expected to introduce a new crypto-focused bill in Q2, granting the local financial regulator with new power. The Polish Financial Supervision Authority (KNF) is gearing up to regulate cryptocurrencies by the end of 2024 with a…
The European Banking Authority (EBA) is proposing testing to see if tensions in non-bank financial institutions (NBFIs), including cryptocurrency-related entities, will impact lenders. According to the Financial Times, EBA chairman José Manuel Campa expressed concern about the need to “deepen…
Robinhood Markets Inc. launches a new application for commission-free cryptocurrency trading in the European Union. According to Bloomberg, the new application will allow European investors to buy and sell more than 25 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Solana…
In an Oct. 26 announcement, the Spanish Ministry of Economy and Digital Transformation shared that the Markets in Crypto-Assets (MiCA) Act will come into force on a national level in December 2025, six months earlier than scheduled.
The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) have published a joint document that contains crypto entity suitability guidelines. Two projects from the paper involve assessing the suitability of members of management boards and shareholders…
The new European regulation, officially approved in May 2023, is set to come into force in December 2024. One of the top U.S.-based cryptocurrency exchanges, Coinbase, is said to have submitted its application for a license under the EU’s new…
According to the Oct. 17 report, MiCA regulations governing crypto-asset services will not take effect until December 2024.
The Electronic Money Association requested the Department of Finance a most extended transition period before implementing the MiCA regulation. According to a report by the Independent, the organization, which has major fintech players such as Revolut and PayPal, among others,…
Kraken crypto exchange has signed a partnership deal with Formula 1’s Williams Racing. The collaboration aims to foster global crypto adoption. Â
The European Parliamentary Research Service (EPRS) suggests stricter supervision of the crypto market to enhance stability and foster growth
Crypto broker eToro secures CySEC CASP approval, positioning itself to expand services across the EU under the upcoming MiCA regulations in December 2024. In addition to the latest CASP license, eToro is authorized in various jurisdictions worldwide, including the UK,…
Malta’s Financial Services Authority has initiated the next step to revise its cryptocurrency regulations, aiming to align them with the forthcoming European Markets in Crypto-Assets (MiCA) regulations set to go into effect in December 2024. Malta’s announcement aims to bring…
European lawmakers overwhelmingly approved the DAC8 directive, empowering tax authorities to oversee and regulate cryptocurrency transactions within the EU. On Sept. 13, the proposal got 535 member votes in favor, only 57 against, and 60 abstentions. The DAC8 will enable…
Amid ongoing regulatory efforts, the U.S. Securities and Exchange Commission (SEC) is poised to contest Ripple’s recent victory. Binance captures attention with ambitious growth moves, while PayPal introduces its very own stablecoin. Greater scrutiny in the U.S. This week, government…
In a move aimed at tightening regulations in the cryptocurrency sector, Danish financial regulators have taken action against cryptocurrency service providers, specifically targeting local banks from holding cryptocurrency assets as a means of mitigating trading risks. The Danish Financial Supervisory…