The European Union (EU) has recently approved a comprehensive regulatory framework for crypto assets, making waves in digital finance. Known as the Markets in Crypto-Assets (MiCA), this directive establishes clear rules for handling cryptocurrency within the European Union and could…
The Economic and Financial Affairs Council of the European Union, comprised of finance ministers from member states, has approved the long-awaited Markets in Crypto-Assets (MiCA) regulation.
The French financial authority is considering solutions for registered crypto companies to bring them to MiCA compliance after the European Parliament cast a majority vote to approve the MiCA.
The European Union is set to vote on the Markets in Crypto Assets (MiCA) proposal, aiming to establish a legal framework that will regulate the cryptocurrency industry and rebuild trust after high-profile collapses.
The head of the Bank of France stated that the uncertainties in the cryptocurrency markets show the urgency of implementing an obligatory licensing requirement for all crypto businesses.
The European Commission has reportedly drafted a proposal to tax crypto assets to raise around $2.5 billion. This directive will affect regulated cryptocurrency networks and investors located in the EU region.
JPMorgan hinted that the crash of the FTX centralized exchange might accelerate the enforcement of the regulatory initiatives that are already under review.
Belgian financial authorities have stated that they do not view cryptocurrencies like Bitcoin and Ethereum as securities. The position of several other nations, which have categorized such assets as financial securities, differs from this one. According to the Belgian government,…
The European Parliament approved the Digital Decade policy program, which will assist businesses and government agencies in digitizing their operations and promises support for a “pan-European blockchain-based infrastructure.” EBSI takes European crypto to the next level On Thursday, 22nd of…
Recent reports indicate that the Spanish Central Bank registered Bitstamp to offer virtual asset services in Spain. Bitstamp is just one of the many crypto exchange networks seeking registration in different countries in the EU region. This registration race continues…
In a recent national assembly policy discussion on ICOs, South Korean Watchdog highlighted that creating an internationally consistent crypto regulatory framework is vital. A representative mentioned that South Korea could wait for other countries like the US and EU parliament…
The European Union authorities have rejected a proposed rule that would have outlawed the mining of proof-of-work (PoW) based cryptocurrencies such as bitcoin (BTC) and ether (ETH), amongst others in Europe. The Regulation on Markets in Crypto Assets (MiCA) bill,…
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