MiCA
EU Countries Struggle to Implement MiCA as Deadline for Crypto Regulatory Revamp Looms
EU member states that have yet to adapt local law to implement MiCA by year's end include Belgium, Italy, Poland, Portugal, Luxembourg and Romania, according to a document shared with CoinDesk.
Tether to Shutter Euro Stablecoin as Key MiCA Deadline Looms
The firm's decision comes as crypto companies in the EU prepare to comply with region-wide digital asset rules by the end of this year..
Kraken, Tether-Backed Dutch Firm Rolls Out MiCA-Compliant Euro, U.S. Dollar Stablecoins
The issuance comes at a time when the European stablecoin market is poised for a shake-up as regulations for issuers will enter into full force by the end of this year.
Coinbase to Delist Unauthorized Stablecoins in EU by December
Tether, which is the largest issuer of stablecoins, doesn't have the necessary e-money license yet in the European Union.
Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.
EU Regulator Sees Official Journal Publication of Stablecoin Standards Before Year-End
The European Banking Authority estimates that 15 technical standards, including those for stablecoin issuers, will become official before the end of 2024.
France Opens for MiCA Applications, First Among Biggest EU Economies
The French regulator has in the past welcomed crypto companies to register with it.
Crypto Exchange Bybit Withdraws From France in Response to Regulations
"It has always been Bybit's primary objective to operate our business in compliance with all relevant rules and regulations," the company said in its post.
EU Regulator Details How It Classifies Unlawful Overseas Businesses Under MiCA
The European Securities and Markets Authority released an opinion to aid firms that may do business with overseas firms in order to prevent them breaching the rules on Wednesday.
OKX Picks Malta Over France as Europe Hub to Comply With EU's MiCA Crypto Rules: Sources
OKX previously said in May 2023 that France would be its preferred European hub. "Compliance in Malta is way more lenient," said a person with direct knowledge of OKX's EU regulatory efforts.
