Tag: MiCA

Aave has integrated Circle’s EURC stablecoin on the Base layer-2 blockchain, enhancing its lending platform with new borrowing and collateral options. Users can now borrow EURC or use it as collateral, marking a shift from traditional USD-pegged stablecoins like USDC, DAI, and USDT. The move aligns with a broader trend ...

Binance plans to phase out non-MiCA-compliant stablecoins for users in the European Economic Area (EEA) by the EU’s Markets in Crypto-Assets (MiCA) regulations. Effective March 31, trading for stablecoins such as Tether (USDT), First Digital USD (FDUSD), and Dai (DAI) will end on the spot market, although users will still ...

The European Securities and Markets Authority (ESMA) has proposed new guidelines to assess the competence of crypto-asset service providers' staff across the European Union. On February 17, 2025, the regulator published a consultation paper outlining proposed rules aimed at standardizing the knowledge and competence requirements for professionals who provide crypto ...

Gemini has taken a significant step forward in its European expansion strategy by securing in-principle approval for an Investment Firm license in Malta. According to a February 11 blog post, the Malta Financial Services Authority (MFSA) 's approval paves the way for the company to offer regulated crypto derivatives, including ...

Kraken has announced plans to delist five stablecoins, including Tether’s USDT, in response to the European Union’s Markets in Crypto-Assets Regulation (MiCA). The move is aimed at ensuring compliance with the new regulatory framework as the EU tightens oversight on digital assets. The delisting process will take place in stages, ...

Cryptocurrency exchanges OKX and Crypto.com have obtained full licenses under the EU’s Markets in Crypto-Assets Regulation (MiCA) as of January 27. These licenses, granted by the Malta Financial Services Authority (MFSA), enable both companies to offer regulated cryptocurrency services throughout the European Economic Area (EEA). MiCA introduces a "passporting" mechanism ...

Gemini, the cryptocurrency exchange led by the Winklevoss twins, has chosen Malta as its operational hub for the Markets in Crypto-Assets (MiCA) framework after obtaining a Virtual Financial Assets (VFA) Service Licence from Maltese regulators in December. According to reports from Finance Magnates, the license serves as the company’s Virtual ...

Binance has updated its cryptocurrency deposit and withdrawal procedures in Poland to align with the European Union’s Markets in Crypto-Assets Regulation (MiCA).  In a blog post on January 17, the exchange announced that starting January 20, users may be required to provide additional information when making crypto deposits and withdrawals. ...

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 ...