The European Union’s Markets in Crypto-Assets Regulation (MiCA) represents a landmark shift in the regulatory landscape for digital assets, particularly stablecoins. Effective from June 30, 2024, MiCA introduces comprehensive requirements for stablecoin issuers and crypto asset service providers (CASPs), aiming to unify the fragmented regulatory environment across Europe and … [Read more...] about Europe’s MiCA regulation: navigating the future of stablecoins
The EU’s clampdown on anonymity: A blow to the crypto industry’s ethos
The European Union's recent enactment of stringent anti-money laundering (AML) laws marks a significant turning point for the cryptocurrency industry within its jurisdiction. By targeting anonymous crypto transactions and self-custody wallets, the EU aims to tighten the noose on illicit financial flows. However, this move has sparked concerns among crypto enthusiasts and … [Read more...] about The EU’s clampdown on anonymity: A blow to the crypto industry’s ethos
The European Union approves crypto legal framework
European Union member-states inch forward to create a comprehensive crypto regulation … [Read more...] about The European Union approves crypto legal framework
EU lawmakers to tighten crypto rules for banks
Bank capital requirements are expected to change to cover risks from crypto assets … [Read more...] about EU lawmakers to tighten crypto rules for banks
The EU presents a plan to regulate digital assets
Executive Vice-President Valdis Dombrovskis says the future of finance has to do with digital technology … [Read more...] about The EU presents a plan to regulate digital assets
European Parliament calls for blockchain adoption for trading processes
The European Parliament (EP) has adopted a resolution, dubbed "Blockchain: a forward-looking trade policy", setting out how blockchain technology could improve supply chain transparency and traceability, reduce transaction costs, improve the security of data, reduce corruption, detect tax evasion, enable the tracking of unlawful payments and tackle trade-based money laundering. … [Read more...] about European Parliament calls for blockchain adoption for trading processes
Norway scraps electricity subsidy for crypto miners
Authorities have decided to call off subsidies to cryptocurrency miners. … [Read more...] about Norway scraps electricity subsidy for crypto miners
Crypto news in brief (October 25, 2018): FISCO BCOS, Coinbase, USDC stablecoin, Alibaba, Bakkt, Royal Mint Gold, Japan
- The Financial Blockchain Shenzhen Consortium (FISCO) announced the launch of a coinless open-source blockchain platform - Coinbase has launched stablecoin USDC, backed one-to-one by U.S. dollar - Alibaba Cloud expanded its Blockchain as a Service (BaaS) offering outside of China - The UK Royal Mint has suspended its plan to launch gold-backed cryptourrency Royal Mint Gold … [Read more...] about Crypto news in brief (October 25, 2018): FISCO BCOS, Coinbase, USDC stablecoin, Alibaba, Bakkt, Royal Mint Gold, Japan