European Parliament agrees on new laws covering stablecoins, unbacked digital assets and exchanges
The effort signifies the European Union’s renewed urgency in ensuring that European law addresses issues posed by digital assets.
Latest MiCA News
EU banking regulator concerned about finding staff to oversee digital assets: report
European Banking Authority chairman José Manuel Campa envisions challenges in hiring and retaining the specialized staff that will be needed as there is high demand for such talent across the market.
US, EU regulators discuss MiCA, stablecoins and Bitcoin regulation in joint forum
Regulators in the European Union and the United States met at the Joint Financial Regulatory Forum to exchange their views on topics of mutual interest as part of their regular financial regulatory dialogue.
Belgian regulator starts consultation to determine digital assets classification
The first step to classifying a digital asset, as laid out by the FSMA, is determining if they are "incorporated into an instrument" or if they are fungible or exchangeable.
NFTs to be included in EU’s new digital asset and money laundering laws
On July 4, members of the European Parliament proposed new amendments to the EU's anti-money laundering legislation which would bring NFT exchanges within the bloc's new AML/CFT framework.
EU finance commissioner calls for swift passage of MiCA digital asset law
Mairead McGuinness says that the Ukraine-Russia conflict, Terra’s $58b collapse, and Celsius withdrawal halt all point to the need for the quick passage of MiCA.
Proposed ban on digital currency firms operating in tax havens divides EU lawmakers
Officials of the EU are kicking against the proposal to ban digital currency services. According to reports, some officials state that there are serious doubts about maintaining a blacklist.
EU Parliament votes against proof of work ban
The European Parliament’s economic and monetary affairs committee has voted to exclude the provision in the Crypto Assets (MiCA) framework that would have banned proof of work mining.