HashKey Europe, the European branch of Hong Kong's cryptocurrency exchange, is expanding its presence in Ireland by obtaining a virtual asset service provider (VASP) license from the Central Bank of Ireland, as announced on January 7. In Ireland, all crypto service providers must register with the Central Bank to comply ...
Coinbase users in the European Economic Area (EEA) are voicing frustration as the exchange announces the end of its USD Coin (USDC) yield program. The move comes in response to the European Union's Markets in Crypto-Assets (MiCA) regulations, which restrict offering interest on stablecoins. In a notification sent on November ...
European banking giant Societe Generale has teamed up with Bitpanda to further integrate cryptocurrencies and stablecoins into its ecosystem and product offerings. According to a recent press release, Bitpanda will collaborate with the bank's crypto division, Societe Generale-FORGE, to promote the mainstream adoption of its euro-backed stablecoin, EUR CoinVertible (EURCV). ...
Ireland is working closely with the European Union’s regulatory agencies and authorities to align the country’s stance with the Markets in Crypto-Assets (MiCA) regulation, according to Central Bank Deputy Governor Derville Rowland. Rowland revealed this during her speech at the Association for Financial Markets in Europe (AFME)'s 8th Annual European ...
You will be able to trade the newly launched stablecoin, Eurite (EURI), on Binance starting August 28, 2024. According to the announcement published today, Monday, August 26, the crypto exchange will open spot trading pairs EUR/EURI and EURI/USDT on that day, and users can begin depositing the EURI stablecoin in ...
OKX has announced Malta as the hub for its Markets in Crypto-Assets (MiCA) to align with its plans to become the industry-leading exchange in the European Union (EU). According to a press release published today, Thursday, July 18, 2024, the crypto exchange chose the country because of its stringent regulatory ...
The French financial regulatory body, the Autorité des marchés financiers (AMF), has introduced significant revisions to the country's existing cryptocurrency regulations. These updated rules will impose more stringent registration criteria on cryptocurrency companies seeking licenses. In a blog post published on August 9, 2023, the AMF unveiled a series of ...
The Association for Financial Markets in Europe (AFME) has urged regulators to avoid excluding decentralized finance (DeFi) rules from the newly adopted Markets in Crypto-Assets (MiCA) regulatory framework. The AFME recently published a study titled "Decentralised Finance - Principles for Building a Robust Digital Economy." In the study, they warned ...
The European Union's Markets in Crypto-Assets (MiCA) Regulation, designed to establish a consistent regulatory framework for crypto assets across member states, has been published in the Official Journal of the European Union (OJEU) on June 9, 2023. The regulations were initially introduced in 2020 and ratified on May 31, 2023. ...
The European Systemic Risk Board (ESRB) issued a set of recommendations on May 25, 2023, aimed at preventing potential shocks in the crypto sector from endangering financial stability in the European Union (EU). ESRB's recommendations include implementing rules for investment funds, exchanges, and other businesses dealing with cryptoassets, as well ...
