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 […]
EU Confirms Blockchain for Sustainable Solutions Partnership
The European Union has reaffirmed its commitment to collaborating with ChromaWay to create blockchain-based sustainability solutions. This decision was made on July 12 in response to ChromaWay’s presentation at the EU Pre-Commercial Procurement (PCP) final review meeting, which demonstrated progress in decentralized applications for Digital Product Passports (DPP) and intellectual property (IP) rights. Relational blockchain […]
EU Backs Relational Blockchain for Sustainable Solutions
The EU continues its partnership with ChromaWay to develop blockchain-based sustainability solutions, focusing on Digital Product Passports and IP rights. The European Union has reaffirmed its commitment to collaborating with ChromaWay to create blockchain-based sustainability solutions. This decision was made on July 12 in response to ChromaWay’s presentation at the EU Pre-Commercial Procurement (PCP) final […]
EU Banking Authority Completes MiCA Crypto Framework
EU Banking Authority recently finalized the MiCA Crypto Framework to improve crypto market stability and increase EUR-stablecoin adoption. To ensure that all firms in the EU comply with the high financial standards, the European Banking Authority (EBA) has finalized the draft of the technical standards for prudential matters by the MiCA regulation. This development is […]
Crypto Market Faces Uncertainty After EU Parliament Election
The crypto market faces uncertainty following the EU Parliament election results due to the volatile trading conditions caused by political shifts. The crypto market is experiencing increased volatility due to recent macroeconomic and political events. The most recent EU Parliament election results have substantially impacted investor sentiment, further complicating an intricate landscape. In the meantime, investors […]