News with the tag "MiCA Regulations"

Key Takeaways: Experts suggest the suspension may drive crypto firms to innovate in risk management and streamline internal compliance—potentially setting new industry benchmarks. The regulator’s intervention is seen not merely as a punitive measure but as a wake-up call to reassess operational resi...

XRP previously overtook USDT on Dec. 1 when it climbed past both Solana and Tether’s stablecoin.

Tether (USDT), the world’s largest stablecoin, may disappear from European exchanges by December 30, 2024, as it struggles to comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations. The framework aims to protect investors and regulate the crypto market, but Tether’s failure to ...

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator, has released updated regulatory technical standards and guidelines ahead of the full application of the Markets in Crypto Assets Regulation (MiCA). The rules are set to come into effect on December 30 this ye...

MiCA stablecoins regulations are set to reshape Europe's stablecoin market, potentially driving consolidation and shifting activity towards Euro-backed assets. Non-compliant issuers face operational challenges, while Euro-backed stablecoins may gain favor across Europe’s institutional landscape. The...

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

Starting December 30, 2024, Coinbase will phase out non-compliant stablecoins in the European Economic Area, including USDT, due to new MiCA regulations. This decision reflects the broader regulatory framework across the EU. The post Coinbase to Remove Non-MiCA Compliant Stablecoins in Europe by Yea...

Ireland Central Bank leads calls to democratize finance and boost financial inclusivity through the implementation of the EU's MiCA regulations, highlighting the country’s priorities.

French and Irish fintech companies have partnered to introduce a euro-backed stablecoin. The coin will launch on the Stellar blockchain a month after MiCA stablecoin laws were enacted.

The AMF is giving firms registered under its current DASP rules ample time to transition, too.