Gemini to halt operations in the Netherlands by mid-November
The company cites the inability to meet the regulators’ requirements but says it intends to return to the Dutch market. Go to Source
MiCA
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EU Parliament research recommends non-EU nations tighten crypto regulation
Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report. Go to Source
Binance plans to delist stablecoins in Europe citing MiCA compliance
A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid out by MiCA. Go to Source
Malta begins public consultation on revised crypto rules to align with MiCA
Malta has joined France and other EU nations in revising its existing crypto regulatory policies to align with MiCA coming into effect in December 2024. Go to Source
Coinbase signals EU, Canada, Brazil, Singapore and Australia as priorities
The crypto exchange’s focus on non-U.S. markets is part of a next phase in its expansion plans, said the firm. Go to Source
MiCA: The good, the bad and the ugly of the EU’s crypto rules
The European Union’s Markets in Crypto-Assets regulatory framework isn’t all good, but it provides a level of clarity foreign to the United States. Go to Source
France updates its crypto licensing regime to synchronize with MiCA
The amendments will become obligatory by January 1, 2024 and must be taken into account in by applicants for enhanced DASP registration. Go to Source
The European Commission’s Web4 strategy is a flop
There’s a lot of work left to be done on Web 3.0. The European Commission is getting ahead of itself by trying to move to what it calls “Web 4.0.” Go to Source Powered by WPeMatico
Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity: Circle exec
Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC; it all looks rosy, he said. Go to Source Powered by WPeMatico
European regulator releases consultative paper on MiCA standards for crypto asset service providers
The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations. Go to Source Powered by WPeMatico
