Circle Exec Explains MiCA Regulation’s Impact on Crypto Market
Circle’s Patrick Hensen discusses how the EU’s MiCA regulations will impact the crypto market, anticipating EUR stablecoin growth and increased bank involvement. The EU’s Markets in Crypto-Assets Regulation (MiCA) regulation recently gained significant traction, with numerous market observers anticipating that it will transform the crypto landscape. The transformative impact MiCA could have on the industry was […]
Spanish Banking Giant Unicaja Invests In Crypto Exchange
Spanish banking giant Unicaja invests in crypto exchange Bit2Me, gaining over 5% ownership and a board seat, signifying a major move forward in blockchain & crypto adoption. Unicaja, a Spanish banking giant has disclosed a substantial investment in crypto exchange Bit2Me. This strategic partnership, which involves one of Spain’s top five institutions investing in a prominent digital asset platform, […]
EU Introduces Crypto-asset Classification Under MiCA
The European Union (EU) has implemented new guidelines that enable market participants to categorize cryptocurrencies and digital assets under the Markets in Crypto-Assets Regulation (MiCA). Three European Supervisory Authorities (ESAs)—the European Banking Authority (EBA), the European Insurance and Occupational Pensions Authority (EIOPA), and the European Securities and Markets Authority (ESMA)—released a consultation paper on July […]
ESMA Updates Crypto Staking Services Law Under MiCA
The European Securities and Market Authority (ESMA) has released an updated Q&A regarding specific guidelines, including providing crypto staking services under MiCA. According to the European securities regulator, the Markets in Crypto Asset Regulation does not prohibit staking features for crypto firms. Due to the absence of specific provisions for staking in the MiCA, a […]
Support for USDC in the EU is Confirmed by Binance CEO
Richard Teng Binance CEO has confirmed the continued backing for USDC in the European Union after the MiCA license. In the European Economic Area (EEA), Binance has confirmed its ongoing support for the USD Coin (USDC), a stablecoin anchored to the United States Dollar. USDC Post EMI License Supported by Binance In an earlier X […]