Latest News and Articles about MiCA
Norway’s Crypto Tax Surge: 30% Rise, $4B Declared in 2024 Sparks Debate
Norway Crypto Tax Surge: 30% Rise, $4B Declared in 2024 Norway has become a surprising frontrunner in cryptocurrency adoption, recording a 30% surge in tax reporting for digital assets in 2024. Over 73,000 individuals declared holdings worth a staggering $3.9 billion (NOK 40.3 billion), marking a historic leap in transparency. But behind the numbers lies […]
Read MoreStandard Chartered Expands OKX Partnership to Boost Crypto Custody in Europe
Standard Chartered Breaks New Ground with OKX Partnership Expansion Across Europe Can a global banking behemoth like Standard Chartered truly tame the untamed frontier of cryptocurrency? That’s the question on everyone’s mind as this UK-based multinational, recognized as a Global Systemically Important Bank (G-SIB), ramps up its crypto ambitions through an expanded partnership with OKX, […]
Read MoreESMA Criticizes Malta’s Crypto Regulation: MiCA and EU Blockchain Future at Risk
ESMA Slams Malta’s Crypto Oversight: A Wake-Up Call for MiCA and the EU Malta, once celebrated as the “Blockchain Island” for its pioneering crypto-friendly policies, is now in the hot seat as the European Securities and Markets Authority (ESMA) tears into the Malta Financial Services Authority’s (MFSA) approach to cryptocurrency licensing. With the Markets in […]
Read MoreESMA Slams Malta’s Crypto Oversight: Can Blockchain Island Survive MiCA?
ESMA Targets Malta’s Crypto Oversight: Can Blockchain Island Keep Up with MiCA? Malta, once the darling of the crypto world with its “Blockchain Island” moniker, is now under intense scrutiny as the European Securities and Markets Authority (ESMA) dissects the Malta Financial Services Authority’s (MFSA) handling of crypto asset service providers (CASPs). With the Markets […]
Read MoreBBVA Launches Crypto Trading for Spanish Retail Investors with Bitcoin and Ether
BBVA Pioneers Crypto Trading and Custody for Spanish Retail Investors BBVA, one of Spain’s heavyweight financial institutions, has made a groundbreaking move by launching cryptocurrency trading and custody services for retail customers. Through the familiar interface of its mobile app, Spaniards can now buy, sell, and store Bitcoin and Ether, marking a significant step as […]
Read MoreExchange-Traded Notes Surge in Crypto: A Sophisticated Alternative to ETFs
Crypto’s Second Act: The Quiet Rise of Exchange-Traded Notes Exchange-Traded Notes (ETNs) are emerging as a sophisticated alternative to traditional Exchange-Traded Funds (ETFs) in the cryptocurrency space, offering investors more than just price speculation. ETNs provide structured exposure to multiple crypto assets. Europe’s regulatory environment supports ETNs. U.S. regulatory caution limits ETN availability. ETNs may […]
Read MoreSlovenia Proposes 25% Crypto Tax: From Haven to Taxation Nation
Slovenia’s Bold 25% Crypto Tax Move: From Haven to Taxation Nation Slovenia’s proposed 25% tax on digital asset trading profits marks a significant shift from its previous status as a crypto tax haven. If approved, this tax will take effect at the beginning of next year and could reshape the country’s vibrant crypto ecosystem. 25% […]
Read MoreECB Urges EU to Revise MiCA Amid Fears of U.S. Stablecoin Dominance
ECB Urges EU to Revise MiCA Amid U.S. Stablecoin Legislation Concerns The European Central Bank (ECB) is urging the European Union (EU) to reconsider its Markets in Crypto-Assets (MiCA) regulation due to concerns over potential threats posed by U.S. stablecoin legislation. MiCA, or Markets in Crypto-Assets regulation, is a set of EU rules designed to […]
Read MoreECB Warns of Financial Chaos from Trump’s Stablecoin Push in Europe
Central Bank Warns Trump’s Crypto Push Could Spell Disaster for Europe The European Central Bank (ECB) is raising alarms about potential disruption to the European financial system due to Donald Trump’s aggressive promotion of dollar-backed stablecoins in the United States. These concerns, dismissed by the European Commission as overblown, stem from Trump’s full-throttle embrace of […]
Read MoreOKX Fined $1.2M by Malta for AML Breaches Amid Global Regulatory Scrutiny
OKX Hit with $1.2M Fine from Maltese Authorities for Breaching AML Rules OKX, a leading cryptocurrency exchange, has been fined over $1.2 million by Malta’s Financial Intelligence Analysis Unit (FIAU) for breaching Anti-Money Laundering (AML) regulations. The fine was a result of a compliance examination in April 2023, which highlighted serious violations in OKX’s Customer […]
Read MoreMiCA’s Limited Impact on RWA Tokenization: Financial Institutions Lead the Charge
MiCA Won’t Shape the Future of RWA Tokenization: A Closer Look The European Union’s Markets in Crypto-Assets Regulation (MiCA) has been hailed as a major step forward in the world of digital asset regulation. Yet, according to Elisenda Fabrega, General Counsel at Brickken, MiCA isn’t poised to be the game-changer for the tokenization of real-world […]
Read MoreAave Boosts DeFi with EURC Stablecoin on Base: MiCA Compliance Expands Options
Aave Expands DeFi Horizons: EURC Stablecoin Now Available on Base for Lending and Borrowing Aave, the pioneering decentralized lending and borrowing platform, has launched the EURC stablecoin on the Base layer 2 blockchain. This move expands Aave’s offerings beyond USD-pegged stablecoins and aligns with the EU’s new Markets in Crypto-Assets (MiCA) regulations, offering DeFi users […]
Read MoreOKX Gains EU MiFID II License, Boosts Crypto Derivatives Trading
OKX Secures MiFID II License for EU, Expanding Crypto Trading Options OKX, a leading cryptocurrency exchange, has been granted a MiFID II license, allowing it to offer derivative products to European institutional clients. This milestone follows OKX’s pre-approval under the MiCA framework, showcasing its dedication to regulatory compliance within the European Union. MiFID II license […]
Read MoreEurope Surges Ahead in Crypto Banking as US Struggles with Regulation
Crypto Banking Battle: Europe Outpaces US Amid Regulatory Chaos Europe is rapidly emerging as the global leader in crypto-friendly banking, driven by clearer regulatory frameworks and proactive adoption by financial institutions. Meanwhile, the US faces significant challenges with regulatory uncertainty and the closure of key banks, pushing its crypto companies to seek solutions abroad. Europe […]
Read MoreOKX Denies EU Probe Amid Bybit Hack: $1.5B Stolen by Lazarus Group
OKX Denies EU Investigation Claims Amid Bybit Hack Fallout In a stunning turn of events, OKX has found itself embroiled in controversy following the massive $1.5 billion Bybit hack. The exchange has vehemently denied being under investigation by EU regulators, contrary to a recent Bloomberg report linking OKX’s Web3 service to the laundering of stolen […]
Read MoreCircle’s USDC Hits $8 Billion on Solana Amid MiCA Boost in Europe
Circle’s USDC Surges to $8 Billion on Solana Amid MiCA Regulation in 2025 In a bold move signaling a stablecoin revolution, Circle has ramped up its USDC issuance on Solana to an impressive $8 billion in 2025. The surge is driven by increased demand and regulatory changes in Europe, particularly the Markets in Crypto-Assets (MiCA) […]
Read MoreKraken and Crypto.com to Launch Proprietary Stablecoins in Response to EU’s MiCA Regulations
Kraken and Crypto.com Set to Launch Proprietary Stablecoins Amid EU Regulatory Changes In a bold move to navigate the regulatory waves of the European Union, cryptocurrency giants Kraken and Crypto.com are preparing to launch their own proprietary stablecoins by 2025, prompted by the stringent requirements of the Markets in Crypto-Assets (MiCA) regulations. Kraken and Crypto.com […]
Read MoreESMA Proposes Knowledge Test for Crypto Advisers to Boost Industry Standards
European Securities Regulator ESMA Prepares Knowledge Test for Crypto Advisers Picture this: you’re ready to dive into the world of cryptocurrencies, hoping to ride the next big wave. But what if the person guiding you through this volatile ocean lacks the necessary compass? That’s the scenario the European Securities and Markets Authority (ESMA) is determined […]
Read MoreItaly Tightens Crypto Regulations: Aligns with EU’s MiCA for Financial and Cyber Safety
Italy Tightens Crypto Regulations For Financial And Cybersecurity Safety Italy is intensifying its regulatory oversight of cryptocurrency firms to strengthen financial safeguards and cybersecurity. The Bank of Italy and Consob, Italy’s financial markets regulator, are actively engaging with crypto service providers to ensure compliance with the European Union’s Markets in Crypto Assets (MiCA) framework. Italy […]
Read MoreKraken Halts Tether Trading in Europe by March 31 Due to MiCA
Kraken to Shutter Tether Trading in Europe by March 31 Kraken, a prominent cryptocurrency exchange, will halt support for Tether (USDT) and other non-compliant stablecoins for its European clients by March 31, 2024, due to the European Union’s Markets in Crypto Assets (MiCA) Regulation. This regulatory push joins Coinbase and Crypto.com in delisting Tether across […]
Read MoreVenga Initiates MiCA Pre-Application, Aiming for EU Crypto Expansion
Venga’s Bold Leap Towards MiCA Compliance: A Step Closer to EU Expansion Venga, the Barcelona-based crypto app, has initiated its pre-application process for a Markets in Crypto-Assets (MiCA) license, a move that solidifies its commitment to regulatory compliance within the European Union. Venga submits MiCA pre-application to CNMV MiCA effective from December 31, 2024 Compliance-first […]
Read MoreCrypto.com Delists Tether by 2025 Due to EU’s MiCA Regulations
Crypto.com Delists Tether: Navigating the EU’s Regulatory Storm Crypto.com’s decision to delist Tether (USDT) by January 31, 2025, marks a significant shift in the crypto world, driven by the EU’s stringent Markets in Crypto-Assets (MiCA) regulations. Crypto.com delisting Tether (USDT) by January 31, 2025 EU’s MiCA regulations demand compliance USDT’s non-compliance raises concerns Shift towards […]
Read MoreCrypto.com First to Secure EU MiCA Approval, Paving Way for Unified Crypto Regulation
Crypto.com Leads the Charge with EU’s MiCA Approval In a groundbreaking development announced on January 17, 2025, Crypto.com has become the first global cryptocurrency exchange to secure preliminary approval under the EU’s new Markets in Crypto-Assets (MiCA) regulatory framework, enabling seamless operations across all 27 member states. Crypto.com first to receive MiCA approval in EU […]
Read MoreBoerse Stuttgart Secures First EU MiCA License: A Milestone in Crypto Regulation
Boerse Stuttgart Pioneers with EU’s MiCA License: A New Era for Crypto Regulation Boerse Stuttgart Digital Custody has become the first German crypto provider to secure a license under the Markets in Crypto-Assets Regulation (MiCA), marking a pivotal moment for crypto regulation in Europe. This milestone highlights the potential for regulated infrastructure to drive mainstream […]
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