MiCA

MiCA

Політика

European central banks push to expand stablecoin yield ban to crypto lending and staking

Central bankers argue that indirect yield structures blur the line between electronic payment tokens and commercial bank deposits, distorting financial system competition.

ECB building lit up at night. (Kiefer/Wikimedia Commons)

Політика

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)

Фінанси

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)

Фінанси

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)

Політика

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)

Політика

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)

Політика

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)

Політика

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)

Політика

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)

Політика

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)