MiCA


Opinyon

The Big Misunderstanding: What MiCA Really Means for Stablecoins in Europe

The EU's comprehensive crypto guidance does not introduce entirely new regulations for fiat backed stablecoins, former central banker Jón Egilsson writes. Instead it affirms existing rules that many current issuers are not yet following.

Europe (Claudio Schwarz/Unsplash)

Markets

Crypto Needs Cohesive Regulation – A Look at Europe’s MiCA

From the U.S. to South Asia, jurisdictions are creating a patchwork of crypto regulatory regimes, making international business harder. Europe, with its bloc-wide Markets in Crypto-Assets Regulation (MiCA), is different.

(Christian Lue/Unsplash)

Policy

Crypto Industry Cautiously Welcomes Agreement on New EU AML Rules

NFTs, DeFi and outlawing privacy tools might be out, but for crypto firms, requirements for customer checks might be more stringent than for banks, policy watchers told CoinDesk.

European Parliament (Frederic Köberl/ Unsplash)

Finance

EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms

The European Banking Authority's new guidance for crypto firms will take effect on Dec. 30.

European regulators will focus more on banks' exposure to crypto-linked entities. (Christian Lue/Unsplash)

Policy

EU Industry Input 'Really Important' to Stablecoin Rulemaking Under MiCA, EBA Officials Say

During a Thursday hearing on proposed guidelines for stablecoin issuers, European Banking Authority officials urged stakeholders to engage with regulators to "start on the right footing."

The EU has passed new crypto laws (Pixabay)

Policy

EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT

Concerns over contagion have triggered the need to "dig deeper into the links between banks and other financial firms," José Manuel Campa, the chair of the EBA told the FT.

European regulators will focus more on banks' exposure to crypto-linked entities. (Christian Lue/Unsplash)

Finance

Robinhood Broadens Crypto Service to Europe, Notes Region's Digital Asset Regulation

The company said it chose Europe to anchor its crypto expansion outside the U.S. because of the region's comprehensive rules.

Robinhood app on a smartphone (Shutterstock)

Consensus Magazine

Stefan Berger: The Man Who Made MiCA

He steered through the European Union's world-leading Markets in Crypto Assets Regulation (MiCA) this year in the aftermath of FTX and other scandals. He's now working on a digital euro.

Stefan Berger (Mason Webb/CoinDesk)

Opinyon

The Global Movement to Promote Crypto Tax Transparency — What You Need to Know

In Europe and the U.S., there are a host of initiatives placing new requirements on participants in digital asset markets to report on transactions and meet other new provisions.

globe held in someone's hand (Greg Rosenke/Unsplash, modified by CoinDesk)

Policy

EU Banking Watchdog Seeks Feedback on Draft Liquidity, Capital Rules for Stablecoin Issuers

Consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority said.

European regulators will focus more on banks' exposure to crypto-linked entities. (Christian Lue/Unsplash)