Auto Added by WPeMatico

ESMA Tells Unauthorized Crypto Firms to Wind Down as MiCA Deadline Hits in 3 Days

The European Securities and Markets Authority (ESMA) has directed unauthorized crypto asset service providers to stop accepting new EU clients and begin exiting the market before MiCA’s transitional framework expires.…

Continue ReadingESMA Tells Unauthorized Crypto Firms to Wind Down as MiCA Deadline Hits in 3 Days

EU Hands Out 230 MiCA Licenses as Germany Leads and Spain Rules Out a July 1 Reprieve

The European Union has issued around 230 licenses under its Markets in Crypto-Assets (MiCA) regulation as a hard July 1 deadline approaches, with Germany leading the bloc on 56 authorizations.…

Continue ReadingEU Hands Out 230 MiCA Licenses as Germany Leads and Spain Rules Out a July 1 Reprieve

Binance Suspending Crypto Services in EU Markets After Failing to Secure MiCA Approval

Binance will halt crypto asset services in European Union markets from July 1 after notifying customers that it could not meet the bloc’s Markets in Crypto-Assets (MiCA) licensing requirements before…

Continue ReadingBinance Suspending Crypto Services in EU Markets After Failing to Secure MiCA Approval

MiCA Deadline Hits July 1 as Unlicensed Crypto Platforms Face EU Shutdown Risk

Crypto firms serving clients across the European Economic Area face shutdown risk if they fail to secure authorization under the Markets in Crypto-Assets Regulation (MiCA) before enforcement begins. Regulators have…

Continue ReadingMiCA Deadline Hits July 1 as Unlicensed Crypto Platforms Face EU Shutdown Risk

MiCA Deadline Looms: Up to 75% of EU Crypto Firms Risk Losing Their License on July 1

The European Union’s transition period under its landmark crypto framework ends July 1, after which an estimated three-quarters of regional crypto companies could be barred from serving EU customers without…

Continue ReadingMiCA Deadline Looms: Up to 75% of EU Crypto Firms Risk Losing Their License on July 1

Lagarde Blocks Euro Stablecoin Push, Calls $300B Market a Stability Risk for ECB Policy

European Central Bank (ECB) President Christine Lagarde rejected calls for Europe to promote euro-denominated stablecoins this week, warning that the risks to financial stability and monetary policy outweigh any benefits.…

Continue ReadingLagarde Blocks Euro Stablecoin Push, Calls $300B Market a Stability Risk for ECB Policy