MiCA

MiCA

Finance

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.

Netherlands flag. (Flickr)

Juridique

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.

Coinbase CEO Brian Armstrong (CoinDesk)

Juridique

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.

Liechtenstein (Unsplash+ / Resource Database)

Juridique

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.

The EU's MiCA law starts to take effect at end-2024. (Pixabay)

Juridique

France Opens for MiCA Applications, First Among Biggest EU Economies

The French regulator has in the past welcomed crypto companies to register with it.

(Pourya Gohari / Unsplash)

Juridique

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.

Bybit withdraws from France (Mantas Hesthaven / Unsplash)

Juridique

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.

The EU's MiCA law starts to take effect at end-2024. (Pixabay)

Finance

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.

Malta (Nick Fewings / Unsplash)

Vidéos

Circle Gets First Stablecoin License Under MiCA, Head of Global Policy Weighs in on What's Next

Circle Chief Strategy Officer and Head of Global Policy Dante Disparte breaks down the stablecoin issuer's journey to secure an Electronic Money Institution (EMI) license under the MiCA regulatory framework. Plus, insights on developments in crypto regulation around the world.

Recent Videos

Vidéos

Circle Becomes First Stablecoin Issuer to Get MiCA License; Polymarket Hits $100M of Volume in June

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Circle became the first global stablecoin issuer to comply with the EU's MiCA regulatory framework. Plus, Polymarket recorded over $100 million of volume in June on U.S. election enthusiasm. And, Silvergate Bank's $63 million settlement with regulators.

Recent Videos