MiCA
EU Watchdog Wants Crypto Exchanges and Companies Staff to Hit the Books
- The regulator has released draft guidelines requiring crypto service providers to ensure staff giving advice meet strict knowledge standards.
- The proposal mandates minimum qualifications and annual training for customer-facing crypto professionals.
Monday, 17/02/2025 | 12:12 GMT by
Damian Chmiel
French Regulators Remove Bybit from Blacklist, Crypto Exchange Now Targets MiCA License
- The exchange had been placed on the AMF blacklist in May 2022 for failing to comply with local financial regulations
- Despite progress in France, Bybit continues to face regulatory challenges in other countries, such as Malaysia.
Friday, 14/02/2025 | 18:44 GMT by
Jared Kirui
Bulgaria Emerges Over Lithuania as Bitget's Compliance Hub in MiCA Preparations
- Cryptocurrency exchange Bitget has received regulatory approval to operate as a Virtual Asset Service Provider in Bulgaria.
- The license permits the company to offer trading and custody as it prepares for broader EU regulatory compliance.
Friday, 14/02/2025 | 10:00 GMT by
Damian Chmiel
CySEC’s €17 Million 2025 Budget Focuses on Regulatory Oversight and Tech Enhancements
- Over the past three years, the regulator has imposed €7.9 million in fines for regulatory violations.
- The number of supervised entities has grown by 11.8%, reaching 834 by the end of 2024.
Monday, 27/01/2025 | 12:47 GMT by
Tareq Sikder
Crypto Firms May Need to Split Services into Separate Companies Under MiCA
- ESMA's latest opinion introduces stricter requirements for crypto-asset service providers, including potential legal entity separation.
- Others include enhanced personal transaction monitoring and broader remuneration definitions to prevent conflicts of interest.
Monday, 27/01/2025 | 07:34 GMT by
Damian Chmiel
Germany’s Boerse Stuttgart Digital Secures MiCA Approval for EU Crypto Expansion
- The MiCA license enables Boerse Stuttgart Digital to expand its crypto services across all 27 EU member states.
- The license aligns with the MiCA regulations introduced in late 2024, which simplify the licensing process.
Friday, 17/01/2025 | 15:25 GMT by
Jared Kirui
MiCA's Impact Reaches Beyond Regulated Firms: Is the Crypto Infrastructure Ready?
- The uniform rules for crypto-assets are now fully effective, impacting everyone directly or indirectly offering services related to crypto in the EU.
- Technical vendors, infrastructure developers, DeFi platforms, marketing companies, investors, and even day-traders must understand and comply with MiCA.
Monday, 06/01/2025 | 10:33 GMT by
CySEC Outlines Transitional Rules for Crypto-Asset Service Providers Under MiCA
- The regulator allows CASPs operating before 30 Dec 2024 to continue services until 1 July 2026 or MiCA authorization.
- CASPs must submit evidence of compliance with national rules to CySEC by 10 Jan 2025.
Tuesday, 31/12/2024 | 09:58 GMT by
Tareq Sikder
“The Crypto Industry Is Not Ready for MiCA”: Solidus Labs’ Delphine Forma
- Forma, the Head of UK and EU Policy at Solidus Labs, spoke to Finance Magnates at FMLS:24 about MiCA's implications for the cryptocurrency industry.
- Watch the full interview in the video inside the article.
Tuesday, 24/12/2024 | 10:39 GMT by
Arnab Shome
Ex-Binance Executives Launch EURØP Stablecoin, Secure €7 Million Round
- EURØP is 1:1 euro-pegged, fully backed by cash, and will launch on Ethereum and Polygon.
- Schuman Financial complies with MiCA through a French e-money license, enabling SEPA access.
Tuesday, 26/11/2024 | 12:53 GMT by
Tareq Sikder
CySEC Starts to Accept Crypto Licence Applications Under MiCA, but No Deadline on Decision
- The regulator stated that it may prioritise applications from entities that are locally regulated.
- It highlighted that although MiCA will be implemented on 30 December, there is no deadline for regulatory decisions.
Wednesday, 13/11/2024 | 07:47 GMT by
Arnab Shome
Cyprus Sets the Clock for Crypto: October 30 Deadline Looms, CASPs Applications Suspended
- CySEC has set the final date for accepting notifications from EEA crypto firms under national rules.
- Moreover, the Cypriot regulator will no longer accept new applications for Crypto-Asset Service Providers.
Thursday, 17/10/2024 | 09:29 GMT by
Damian Chmiel
ESMA Responds to Commission's Proposed Amendments to MiCA for Cryptos
- Recommendations include requiring cybersecurity audit results and verifying management reputation for CASPs.
- The opinion has been sent to the Commission, European Parliament, and Council, which have three months respond to the RTS.
Wednesday, 16/10/2024 | 13:46 GMT by
Tareq Sikder
MiCA Crypto Alliance: Regulatory Consensus or Diverging Approaches to Digital Assets?
- The alliance aims to assist crypto companies in complying with the MiCA regulations.
- It brings together major blockchain firms like Hedera, Aptos Foundation, and Ripple.
Thursday, 26/09/2024 | 13:29 GMT by
Sam White
Kraken Ramps Up European Presence by Acquiring BCM, Elevates Crypto Offering
- The acquisition enables the firm to operate as a registered VASP in France and Poland.
- BCM clients will have access to over 200 digital assets, improved liquidity, and 24/7 support in local languages.
Tuesday, 24/09/2024 | 09:05 GMT by
Tareq Sikder
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