Spain Cracks Down on 18 Unlicensed Crypto Companies
The Spanish securities regulator has issued a warning against 18 crypto companies that are operating without proper licensing while the country prepares to adopt the EU-wide crypto regulation and explore its own CBDC. The Spanish National Securities Market Commission (CNMV), the country’s securities regulator, has published a list of 18 companies allegedly providing investment services […]
MiCA to Aid Exchanges Expansion Across Europe – Crypto.com President
Eric Anziani, president of Crypto.com, asserts that executing the Markets in Crypto-Assets (MiCA) legislation may accelerate the expansion endeavors of major cryptocurrency exchanges throughout Europe. Anziani, in an exclusive interview with Cointelegraph, described how the “fragmented” character of European regulations governing the industry and heightened regulatory scrutiny have made it difficult for exchanges to serve […]
ECB Chief Calls for Crypto Compliance Laws Reform
Andrea Enria, executive director of the ECB, stated that in order for the EU to establish appropriate crypto regulation, certain current provisions for banks must be modified. Andrea Enria, chief supervisor of the European Central Bank, has identified a regulatory loophole that could safeguard banks operating in the region during their crypto adoption journeys to improve […]
Ireland Becomes Coinbase’s European Crypto Hub
The US-based cryptocurrency exchange Coinbase is expanding its presence in Europe and has formally designated Ireland as its preferred operational and regulatory European crypto hub. Coinbase has chosen Ireland as the location for its European Union subsidiary to comply with the Markets in Crypto-Assets Regulation (MiCA), the company announced on Oct. 19. With MiCA, which […]
EU Crypto Investor Protections to Take Effect by Late 2024
According to ESMA, MiCA-based crypto investor protections will only take effect from at least December 2024, meaning that investors must be prepared to lose all their money if they invest in cryptocurrencies. European Union cryptocurrency asset market regulations still need to protect cryptocurrency investors, and the protections will take some time. The European Securities and […]