As European regulators crack down on unlicensed crypto exchanges, gaining approval is proving challenging. Last week, for instance, De Nederlandsche Bank (DNB), the Dutch central bank, announced that it had fined the crypto exchange Coinbase €3.325 million (about $3.6 million) for operating in the country...
The EURM token is the latest euro-denominated stablecoin endorsed by Spain’s central bank. The new digital euro will be issued by Spanish FinTech Monei, which has been authorized by the Banco de España (BDE) to test the stablecoin in its regulatory sandbox, Spanish media has...
Cryptocurrency regulations need to be implemented around the world. So said European Commissioner Mairead McGuinness, who said it’s great the European Union (EU) has become the first major jurisdiction to regulate crypto but that there is a need for the rest of the world to...
In 2023, the U.K. will accelerate its divergence from EU payment and crypto regulations. Meanwhile, the EU is moving ahead with its own policy agenda and in 2023 will continue to forge a path without the U.K. When it comes to financial regulations, the U.K.’s...
January 23, 2023
The EURM token is the latest euro-denominated stablecoin endorsed by Spain’s central bank. The new digital euro will be issued by Spanish FinTech Monei, which has been authorized by the Banco de España (BDE) to test the stablecoin in its regulatory sandbox, Spanish media has reported. EURM tokens will be backed with fiat euros held […]
December 30, 2022
In 2023, the U.K. will accelerate its divergence from EU payment and crypto regulations. Meanwhile, the EU is moving ahead with its own policy agenda and in 2023 will continue...
January 19, 2023
Cryptocurrency regulations need to be implemented around the world. So said European Commissioner Mairead McGuinness, who said it’s great the European Union (EU) has become the first major jurisdiction to regulate crypto but that there is a need for the rest of the world to do so too, CoinDesk reported Thursday (Jan. 19). “If we […]
November 30, 2022
An EU official has said that the MiCA regime would have prevented FTX’s failures. Speaking at a hearing of the European Parliament’s Committee on Monetary Affairs on Wednesday (Nov. 30),...
November 04, 2022
The EU’s Markets in Crypto Assets (MiCA) legislation looks set to be delayed by several months, with plans for the European Parliament to vote on the law in December now...
October 21, 2022
The European Union’s (EU) Markets in Crypto Assets (MiCA) regulation isn’t broad enough to cover decentralized finance, a finance professor said during a presentation to the European Commission (EC) on...
