Binance Announces Restrictions on Unauthorized Stablecoins in EU to Comply With MiCA Regulations

Bank of Israel Launches Digital Shekel ChallengeCrypto exchange Binance announced Monday its strategy to comply with the forthcoming Markets in Crypto Assets Regulation (MiCA) stablecoin rules, set to take effect on June 30 across the European Economic Area (EEA). These regulations will restrict the issuance and offering of stablecoins to regulated companies, categorizing them as “Regulated Stablecoins.” Binance will make phased […]

Go to Source

EU Regulator Considers Crypto Inclusion in €12 Trillion UCITS Funds

Binance Fined Nearly Over $4 Million in Canada for Anti-Money Laundering ViolationsThe 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 […]

Go to Source