News with the tag "EU Crypto Laws"

The European Securities and Markets Authority (ESMA) has unveiled its final draft of the Markets in Crypto Assets Regulation (MiCA), paving the way for the landmark framework’s implementation. With the EU’s MiCA regulation set to take effect on December 30, 2024, this development has sparked widespr...

Ireland appears to be taking swift action to implement new crypto regulations in anticipation of the European Union’s upcoming Anti-Money Laundering (AML) and counter-terrorism financing (CTF) standards. Finance Minister Jack Chambers announced to the cabinet that urgent legislation will be drafted ...

The CySEC has warned crypto asset service providers of coming changes as the continent braces for MiCA.

The Bank of Italy is preparing to implement the European Union’s (EU) Markets in Crypto-Assets (MiCA) regulation. Notably, this significant move aims to preserve the smooth functioning of the payment system, according to recent reports. Besides, the upcoming guidelines by the bank will clarify how t...

MiCA, the regulatory framework by the European Union (EU), is boosting the utilization and adoption of EUR-backed stablecoins, challenging the dominance traditionally held by USD-backed coins. Notably, the regulatory initiative, MiCA, covers various aspects of crypto-assets, including transparency, ...

The European Securities and Markets Authority (ESMA) finds itself grappling with significant challenges in its efforts to regulate cryptocurrencies promptly. The primary hurdle is Limited resources. Verena Ross, the Chair of ESMA, has openly acknowledged the difficulties her organization faces in me...