EU's MiCA would allow financial institutions to hedge their assets, but the Danish Financial Supervisory Authority argues that the law has yet to take effect; thus, doing so would breach its local financial rules.
The consultation set for July regarding the provisions contained within MiCA will revolve around data needed to obtain a permit, complaint-handling procedures, and management policies, among others.
For many, the London Blockchain Conference 2023 served as an avenue to showcase the power of blockchain, but it also showcased the general public's excitement for the future with this innovation.
Industry experts touched on the controversial topic of regulating the digital asset industry in this panel discussion, including the active role of regulators and the state of the sector.
European Parliament President Roberta Metsola formally signs the long-awaited MiCA regulation into law, bringing regional digital assets providers and issuers under a common regulatory framework.
ESMA wants investment firms to be honest with their clients on the relative lack of regulations for products like gold and digital assets across jurisdictions.
During an interview on the Bankless Podcast, Changpeng Zhao extolled the "financial access" virtues of digital assets, market downturns and spent a significant portion railing against fake news.
The final stamp of approval for the MiCA bill was granted by EcoFin on May 16, alongside the adoption of two more pieces of legislation focused on transferring funds and certain digital assets.
Web3 investment firm CoinFund announced a white paper outlining a proposed way forward for digital asset regulation in the United States. CoinGeek speaks to the paper’s author about the state of regulation in the industry.
While the digital euro will boost financial inclusion, it has the risk of bank disintermediation; regulators say as they called for friendly Bitcoin policies.
Ukraine, which isn’t a full member of the European Union yet, will implement the region’s digital asset regulation framework MiCA, which was voted in just this month.
The European Union is bracing for a host of regulations focusing on safeguarding consumers and protecting the region's financial stability following the European Parliament's approval of MiCA.
