Pan-European crypto regulation is almost here: Law Decoded, Apr 17–24
The Markets in Crypto-Assets Act, also known as MiCA, was finally passed by the European Parliament. Go to Source Powered by WPeMatico
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Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation
Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of income resulting from cryptocurrency transactions. Ukraine Set to Incorporate EU Crypto Regulations Into National Law A regional leader … Read more
EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules
Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply to private crypto wallets above a certain threshold. European Lawmakers Endorse Groundbreaking Crypto Assets Legislation Europe’s new common rules … Read more
Industry leaders and policymakers react to passage of MiCA in EU
Many lauded the bill’s approval, suggesting that its anticipated passage could leave the United States at a disadvantage for attracting crypto firms and investments. Go to Source Powered by WPeMatico
French central bank looks at certification, incorporation as part of DeFi regulation
The Banque de France presented a well-written consideration of issues related to DeFi and forthcoming MiCA regulation, with suggestions. Go to Source Powered by WPeMatico
ECB Board Member Warns EU’s New Crypto Rules Not Sufficient
A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar to the FTX case from occurring,” she cautioned: “Certain areas still need further strengthening.” … Read more
EU lawmakers push for stricter rules on anonymous crypto transfers
The legislation was one of several laws designed to combat money laundering and terrorist financing, receiving 99 votes in favor, eight votes against and six abstentions. Go to Source Powered by WPeMatico
‘US has left a vacuum that other countries are eager to fill’: Coinbase
While the U.S. government opts for “regulation by enforcement,” other countries are fostering “vibrant” crypto ecosystems due to progressive regulation, argues Coinbase’s Daniel Seifert. Go to Source Powered by WPeMatico
EU MiCA crypto regulation is a ‘balancing act’: Paris Blockchain Week 2023
Industry experts and regulators weigh in on the European Union’s proposed MiCA rules at Paris Blockchain Week. Go to Source Powered by WPeMatico
Dutch Financial Regulator Vows Strict Treatment of Crypto Business Under MiCA
The financial regulatory body of the Netherlands intends to maintain tough attitude towards the Dutch digital assets sector despite looser European rules. The head of the agency overseeing the industry doesn’t think crypto is good news and highlights its flaws in an article. Head of Dutch Financial Authority Says Cryptos Are Difficult to Fathom, Vulnerable … Read more
