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
MiCA
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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
European Banking Authority calls for early adoption of stablecoin standards
EBA officials anticipate a surge in stablecoin issuance over the coming months and have urged businesses to use its guiding principles before the necessary restrictions are implemented. Go to Source Powered by WPeMatico
European trade body warns against the exclusion of DeFi from MiCA
The trade body recommended creating a taxonomy for the DeFi ecosystem and a consistent regulatory framework along with different levels of centralization. Go to Source Powered by WPeMatico
Crypto enthusiasts are wrong to target Gary Gensler
Laws in the United States are the problem. Cryptocurrency advocates should focus on changing them — and, in the meantime, consider moving to the European Union. Go to Source Powered by WPeMatico
Santander, Crédit Agricole asset arm receives French crypto custody license
CACEIS’s registration comes just in time to avoid the bank being subject to France’s new crypto regulations. Go to Source Powered by WPeMatico
EU regulator will launch MiCA consultation starting in July
The MiCA framework suggested a roughly 18-month timeline to fully take effect, with regulators and lawmakers seeming to go through proposals aimed at ensuring smooth implementation. Go to Source Powered by WPeMatico
EU officials sign Markets in Crypto Assets framework into law
First introduced in 2020, MiCA aims to create a consistent regulatory framework for crypto assets among the European Union member states. Go to Source Powered by WPeMatico
The EU is watching your wallet, but it still beats the US for crypto
Europe is requiring crypto wallet providers to track every move you make, but companies should still consider the region for its regulatory clarity. Go to Source Powered by WPeMatico
