MiCA

MiCA

Policy

ECB President Christine Lagarde intervened to block Binance’s EU MiCA license: WSJ

Although the ECB holds no formal licensing authority under MiCA, high-level intervention led Greece to stall an application that regulators had previously deemed complete, the Journal said.

ECB President Christine Lagarde. (Felix Schmidt/ECB Press)

Finance

Bitpanda fined 70,000 euros in Austria’s first published MiCA enforcement case

The fine stems from Bitpanda failing to submit a mandatory white paper 20 days before publication and omitting required disclosures in marketing materials.

Bitpanda COO Lukas Enzersdorfer-Konrad (Bitpanda)

Finance

MiCA's cleanup is creating a new scam wave across the European Union

Fraudsters impersonating regulators and licensed crypto exchanges to steal funds from users forced to migrate their accounts after the EU's MiCA deadline are on the rise.

Hackers and scammers. (Boitumelo/Unsplash)

Policy

Europe's high regulatory bar could spark new crypto industry M&A wave

As MiCA beds in and the U.K. finalizes its crypto framework, stringent regulation could spur mergers, acquisitions and closer ties with banks.

Europe (652234/Pixabay)

Policy

Ripple's preliminary crypto asset provider license in Luxembourg upgraded to fully compliant

The approval means Ripple is now fully MiCA-compliant for payments, financial institutions, corporates and businesses across all 30 European Economic Area countries.

The office building of CSSF, Luxembourg's financial authority. (CSSF/Media)

Policy

Binance says MiCA should be judged by who it licenses, not who it excludes

Europe head Gillian Lynch said Binance met Greece's licensing requirements and that the company remains committed to the EU, despite withdrawing its MiCA application days before the July 1 deadline.

Binance Head of Europe Gillian Lynch. (Binance/Media)

Policy

Three years after MiCA became law, Europe's crypto framework is undergoing a rethink

Europe’s MiCA regime is now up for review, known colloquially as “MiCA 2.0,” through a consultation that closes around September.

ESMA offices. (ESMA/Media)

Policy

Europe's MiCA rollout sparks debate over who wins under new crypto rules

As Europe's crypto rulebook takes full effect, industry leaders agree regulation is here to stay, but disagree over whether it protects consumers or favors the biggest firms.

ESMA offices. (ESMA/Media)

Policy

Europe is rewriting its landmark crypto rulebook MiCA as hard July 1 deadline passes

The EU is reviewing whether its landmark crypto regulation MiCA needs updating for a market reshaped by stablecoins and tokenization.

European Union (Antoine Schibler/Unsplash)

Policy

Why Poland is the only EU country where crypto firms can't get a MiCA license

President Karol Nawrocki refuses to sign a law that gives the regulator power to approve companies, forcing tech founders to look outside their own borders for permission to operate.

Polish President Karol Nawrocki