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Trading and investing platform Etoro announced that its EU subsidiary, Etoro (Europe) Ltd, has been granted a permit by the Cyprus Securities Exchange Commission (CySEC) to provide crypto services across the European Union under the Markets in Crypto-Assets Regulation (MiCA). Avi Sela, Chief Operating Officer – Regulation at Etoro, emphasized the importance of regulation in … Read more
The EU’s MiCA regulations, which took effect for stablecoins, have led some exchanges to delist Tether’s USDT. However, some experts argue that the new rules will ultimately benefit both stablecoin issuers and users. USDT Delisting Could Lead to Market Disorder With Europe’s stablecoin regime under its Markets in Crypto-Assets (MiCA) regulations now in full effect, … Read more
While MiCA’s implementation phase is ending on Dec. 30, 2024, there is also a transitional 18-month phase in MiCA’s total 36-month timeline. Go to Source
Seizing Russia’s frozen assets risks catastrophic fallout, including collapsing trust in global financial systems, destabilizing the euro, and sparking severe retaliatory measures. Confiscating Russia’s Assets Could Backfire Catastrophically, Euroclear Cautions EU Euroclear Ltd., the Belgian clearinghouse responsible for holding the bulk of Russia’s frozen central bank assets, has raised significant concerns about the risks and … Read more
European Union banking regulations have provided a significant competitive advantage for crypto firms compared to the challenges faced by their U.S. counterparts, according to an analysis by Patrick Hansen, senior director of EU strategy and policy at Circle. Circle Exec: Regulatory Clarity Helps Europe Surpass U.S. in Crypto-Friendly Banks According to Hansen’s report, he highlights … Read more
Some Coinbase users are airing frustration at the region’s MiCA laws, which is forcing the exchange to stop offering yield on USDC in the European Economic Area. Go to Source
Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway. Go to Source
Coinbase and Visa have partnered to offer customers with eligible Visa debit cards the ability to instantly deposit, withdraw, and buy crypto. Go to Source
The Dutch government wants to align its data collection rules for crypto service providers with the rest of the EU, saying it would “create more transparency.” Go to Source
Since its introduction in 1999, the euro has lost approximately 85% of its value against gold due to monetary inflation. Go to Source
