Norway supports MiCA, considers CBDC for financial stability
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
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Visa and Coinbase partner for instant crypto buys on debit cards
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
Netherlands seeks input on crypto tax monitoring laws to align with EU
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
ECB paper claims older Bitcoin holders are exploiting new holders
Since its introduction in 1999, the euro has lost approximately 85% of its value against gold due to monetary inflation. Go to Source
Ireland Moves to Draft Urgent Legislation for Cryptocurrency Regulations Ahead of EU Deadline
Ireland’s Finance Minister Jack Chambers has announced plans to draft urgent legislation aimed at updating financial regulations to include cryptocurrency and digital asset firms. According to the Irish Examiner, this legislation is crucial to ensure compliance with new European Union money laundering and financing of terrorism laws, which are set to take effect on December … Read more
EU’s MiCA bill set to shape global stablecoin regulations — Binance
While MiCA is seen as a net positive for stablecoin regulation, it introduces consolidation concerns, especially among small crypto firms. Go to Source
21Shares urges EU to change ‘inconsistent’ crypto ETP rules
The ETP issuer is asking for more clarity and consistency from what it claims is the European Union’s “patchwork” of crypto regulations. Go to Source
Academic paper suggests governments should attack public blockchains
Crypto exchange Kraken has announced the delisting of Monero in the European Economic Area to maintain compliance with EU regulations. Go to Source
Coinbase to Delist USDT in Europe Amid New EU Regulations
Coinbase has announced plans to delist Tether’s USDT and other stablecoins that do not comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations by December 30, 2024. This decision is part of Coinbase’s efforts to adhere to the new rules, which require stablecoin issuers to obtain an e-money license in an EU member state. … Read more
Sygnum Secures Liechtenstein License to Expand Crypto Services in EU
Sygnum, a Swiss digital asset banking group, has registered its local subsidiary with the Liechtenstein financial regulator. This move allows the company to offer regulated services in the EU and European Economic Area under the incoming MiCA framework. With plans for further growth in Asia, including Hong Kong and Singapore, Sygnum continues to strengthen its … Read more
