EU is not so crypto-friendly, regulator warns
While much of the world is warming up with blockchain and digital currencies, laws targeting these industries in the EU signal that the region won't go easy with embracing emerging technologies.
Latest MiCA News
European regulators say MEV mining techniques may be ‘market abuse’
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.
Ensuring regulatory compliance in the decentralized economy
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.
German regulator BaFin calls for responsible AI use and regulation that avoids unnecessary bureaucracy
Bafin's Director, Dr. Thorsten Pötzsch, has highlighted the need for practical EU regulation and also called for companies to "manage their risks from cyber-attacks" and "handle data and AI responsibly."
MiCA’s treatment of systemic stablecoins is counterproductive for EU: report
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.
EU catches up with AI, leads blockchain adoption
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.
Circle’s latest USDC report—I have questions
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.
EU Council reaches provisional agreement on digital asset AML regulations
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.
2023: A year in regulation
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.
ESMA: Digital asset investor protections won’t kick in until end of 2024
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.
EU securities regulator proposes rules on white papers, trade transparency and record keeping
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.
Malta consults on revised digital asset rules to align with MiCA
The MFSA has launched a public consultation on proposed changes to its digital asset regulations to align them with the European Union's MiCA regulations, which will come into force in 2024.