ESMA and MiCA do not propose that all maximal extractable value (MEV) techniques are considered market abuse, but if service providers identify the use of MEV that might fall under this description, they would report it.
As technology evolves, so do global regulations, which the London Blockchain Conference aims to highlight as it returns later this year packed with more sessions and learnings.
Under MiCA, a stablecoin is regarded as of systemic importance if it has over 10 million holders, has over €5 billion in reserves, or €500 million daily transactions.
While the EU remains behind in AI adoption compared to other economic powerhouses, the region leads in blockchain adoption, launching various initiatives and regulations to strengthen its game.
The latest Circle report paints a vivid picture: we're on the brink of a Web3 revolution, and claimed apps that empower users are popping up on enterprise-grade blockchains.
The AML regulation is part of an increased effort to combat sanctions evasion, terrorist financing, and money laundering, which was given urgency in light of Hamas financing through digital assets.
Lawmakers in Poland are set to table the new bill in parliament in Q2 in an effort to align its rules to fit into the European Union’s MiCA framework, according to reports.
2023 is a challenging year for the digital asset space, with major firms collapsing, high-profile names getting into lawsuits, and regulators rushing to balance innovation and regulation.
As a dramatic 2023 for digital assets draws to a close, CoinGeek speaks with Stephanie Breslow, co-author of 'Hedge Funds: Formation, Operation and Regulation' and partner at U.S. law firm Schulte Roth & Zabel, on the state of digital asset regulation in the U.S. at the court cases defining it.
Deutsche Börse aims to launch a digital asset exchange by 2024, introducing a stablecoin and expanding into tokenized securities to reflect the broader industry shift.
MiCA was crafted to boost regulatory oversight on unlicensed asset-related activities, but the ESMA said holders won't be protected under the latest regime until December 2024 and potentially longer.
It is expected that a final implementation of MiCA will emerge as ESMA has shared its plans to submit a final paper with the draft technical standards and implementations by June 30, 2024.
