Mica News

Tether chief executive Paolo Ardoino is alarmed that Europe’s MiCA regulations on stablecoins, due to excessive cash reserves requirements, could pose systemic risks to banks. Paolo Ardoino, the chief executive of the company behind the largest stablecoin by market capitalization,…

While the regulatory framework acknowledges the importance of bridging crypto asset service providers and traditional finance, it doesn’t offer much on how to make that a reality.

Stablecoin issuer Circle is expanding its reach with the launch of its MiCA-compliant euro-backed stablecoin on layer-2 chain, Base. Circle is bringing its regulated stablecoin, pegged 1:1 to euro (EURC), to Coinbase‘s layer-2 network called Base as part of its…

Bank of Italy Governor Fabio Panetta announced guidelines focusing on bank-issued electronic money tokens under new E.U. crypto asset rules to stabilize the payment system. The Bank of Italy is set to introduce guidance on crypto for financial institutions to…

As Europe gears up for the implementation of MiCA regulations, demand for compliant stablecoins has primarily benefited only one company, data shows. Europe’s Markets in Crypto-Assets Regulation (MiCA), aimed at regulating the crypto market and specifically targeting stablecoins, triggered a…

Today’s edition of the weekly recap: Bitcoin (BTC) drops to a five-month low amid a series of whale selloffs; Mt. Gox begins creditor repayments; and Circle secures first stablecoin license under MiCA as regulatory efforts mount.

Once MiCA is in place, the EU will have one of the most comprehensive frameworks for crypto-asset issuers and service providers globally.

SEC sued Consensys over MetaMask wallet and staking services, MiCA stablecoin rules go live, VanEck files for the first-ever US spot Solana ETF.

From the beginning of July, crypto exchanges and stablecoin issuers will operate in the EU according to the rules provided for by the MiCA law. The entry into force of the Markets in Crypto-Assets (MiCA) law on June 30 means…

Markets in Crypto-Assets (MiCA) regulation is about to be implemented, and digital asset exchanges are preparing to comply. The new law’s requirements aim to protect investors, prevent financial crime, and ensure transparency. How are crypto exchanges reconsidering the options for…

The companies that proactively prepare in 2024 should experience a smoother pathway to enjoying the benefits inherent in MiCA.

Over 135 traditional financial institutions are providing crypto banking support as blockchain assets have recently experienced rapid adoption and mainstream press.

The Markets in Crypto-Assets Regulation (MiCA) stands as a critical legislative framework in the EU, crafted to navigate the intricate world of crypto assets.

In a crypto.news exclusive, Merkle Science Policy Director Natalia Latka discusses how the MiCA regulation will impact USDT and other stablecoins in the EU.

In an exclusive with crypto.news, Jón Helgi Egilsson, a former Icelandic central bank chairman, sets out how the European Securities and Markets Authority (ESMA) is entering the final phase of crypto asset regulation in the European Union (EU), and what…

The European Securities and Markets Authority (ESMA) has moved to the final phase of establishing a regulated environment for crypto assets in the EU with the publication of its latest report on the Markets in Crypto Assets (MiCA) regulation.  The…