EU, UK regulators launch consultations on digital asset data reporting and wallets
The call for information is open until September 13; after that, the regulators will analyze all responses received and provide an update by Q1 2025.
Latest MiCA News
Circle celebrates MiCA stablecoin first as Tether eyes EU exit
Circle secured an EMI license from France's banking regulator, while rival Tether continues to avoid discussions about whether its stable will ever join this Euro party.
What can Africa learn from the EU’s MiCA framework?
Some experts say Africa should formulate its own MiCA-like framework for the digital currency sector, but its implementation might be much more complicated.
Italy to increase oversight of digital asset market
The policy, moving Italy further towards the standards laid out by MiCA, also designates Italy's central bank and market watchdog, Consob, as the authorities overseeing digital asset activities.
Binance puts Tether on notice regarding new European stablecoin rules
Binance revealed its latest efforts to implement the stablecoin provisions in the EU's MiCA; while the rules don't kick in until December, the regulations on stablecoin will take effect on June 30.
State of play in global stablecoin regulation
Most lawmakers now believe that digital assets should be regulated in some form or another, and, as Dr. Michael Huertas suggests, stablecoins appear to be at the top of the agenda.
Stakeholder group backs EU regulator’s proposals on digital asset definitions, solicitation rules
The Securities and Markets Stakeholder Group voiced its support of the ESMA's approach to the reverse solicitation exemption on 'crypto' assets, citing consistency with investor protection.
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.
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.