German fintech 21X gets EU license for tokenization platform
To build its blockchain-based trading platform, 21X has been working with several partners, including Polygon and SBI Digital Markets. Go to Source
ESMA
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Cyprus freezes crypto applications ahead of EU-wide MiCA transition
The CySEC has warned crypto asset service providers of coming changes as the continent braces for MiCA. Go to Source
Is Tether’s USDT stablecoin ‘noncompliant’ with EU’s MiCA regulations?
The European Securities and Markets Authority declined to disclose whether USDt is “noncompliant” but said it is working on solutions to issues in the framework. Go to Source
Hong Kong to align crypto OTC derivative rules with European standards
Hong Kong regulators will align their crypto OTC derivatives reporting with ESMA’s standards, including the use of Digital Token Identifiers. Go to Source
EU releases crypto-asset classification tools to help firms comply with MiCA
EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play. Go to Source
Paradigm calls on European markets regulator to show nuance regarding MEV
The venture capitalist firm said ESMA’s approach to crypto market abuse could be a disaster for the industry without suggesting any better ideas. Go to Source
EU watchdog urges banks to prioritize clients in AI usage
The EU’s top financial regulator, ESMA, mandates that banks and investment firms ensure AI tools prioritize client interests, reinforcing accountability under MiFID. Go to Source
EU Regulator Considers Crypto Inclusion in €12 Trillion UCITS Funds
The European Securities and Markets Authority (ESMA) has initiated a call for evidence to explore the potential inclusion of new assets, including cryptocurrencies, in UCITS funds, which represent a major share of EU retail investments. UCITS, an acronym for Undertakings for Collective Investment in Transferable Securities, is a regulatory framework of the European Union that … Read more
Regulators around the globe assert more control over crypto: Law Decoded
From Hong Kong to Europe and the United States, regulators are pushing for more oversight and control over digital assets. Go to Source
Crypto investor protections in EU won’t take effect until late 2024
Crypto asset service providers may not benefit from full rights and protections afforded to them under MiCA until as late as July 2026, the ESMA said. Go to Source
