UK Crypto Rules Unclear for Firms Avoiding MiCA Regulation
While some industry execs anticipate MiCA will cause a shift from the EU to the UK, others are concerned about the UK’s unclear crypto regulations. According to industry experts, cryptocurrency regulation in the United Kingdom remains too uncertain to serve as a strong alternative for companies looking to escape Europe’s upcoming Markets in Crypto-Assets Regulation […]
Ripple, Hedera, Aptos Partner to Form MiCA Crypto Alliance
Ripple, Hedera, and Aptos Foundation have become founder members of the MiCA Crypto Alliance. According to a DLT Science Foundation post, this cooperation, which has the organization’s support, intends to assist cryptocurrency companies in better navigating new rules in the European Union, namely the Markets in Crypto Assets regulation. Aptos Labs, Hedera, and Ripple have […]
Binance Lists Eurite (EURI) with Zero Trading Fees
Binance will offer zero trading fees on EURI pairs starting at 10:00 UTC on August 28, 2024, including EUR/EURI and EURI/USDT. To commemorate the forthcoming listing of Eurite (EURI), a new stablecoin that is regulated by the MiCA and based on the Euro, Binance has announced that it will be implementing an alluring promotion that […]
Coinbase to Offer 1:1 Euro To EURC Conversion Under MiCA
Coinbase will introduce a EURC-USDC order book and retire the EURC-EUR and EURC-USD books. On August 28, Coinbase will enable its users to exchange euros for the euro-pegged stablecoin, EURC, at a 1:1 ratio. This is significant because EURC adheres to the European Union’s Markets in Crypto Assets (MiCA) regulations. The integration of this feature […]
Euro Stablecoin Market Surges Under MiCA Framework
French and Irish fintech companies have partnered to introduce a euro-backed stablecoin as the EU’s Markets in Crypto-Assets Regulation (MiCA) framework is progressively implementing itself. The market has been cleansed of participants who cannot comply with regulatory requirements, and a favorable environment has been established for stablecoins pegged to local currency due to these explicit […]