Mica news and trends

Payments, Penalties and TradFi Adoption Define This Week in Web3
Blockchain // July 10, 2024

Crypto is as crypto does. And crypto is, by all appearances, trying to do better. The European Union’s (EU) landmark Markets in Crypto-Assets Act (MiCA) framework is now live, and Web3 companies are already complying, a fact which industry observers believe could represent the start...

Crypto’s Three Priorities for 2024: Interoperability, Acceptance, Regulation
Cryptocurrency // July 04, 2024

Halfway through 2024, and the cryptocurrency and blockchain space finds itself at a critical juncture.  It is the same critical juncture, or at least one strikingly similar, that the crypto and digital asset sector has always found itself at — a juncture where regulatory developments,...

As MiCA Goes Live, Is Crypto Entering Its Regulation Era?
Cryptocurrency // July 01, 2024

Crypto and Web3 firms have been asking for more regulatory clarity for years. And now, with the news Sunday (June 30) that the European Union’s landmark Markets in Crypto-Assets Act (MiCA) new regulatory requirements for stablecoin issuers have gone live, observers are wondering if the digital asset sector’s...

Circle Attains EMI License From France, Achieves MiCA Compliance
Cryptocurrency // July 01, 2024

Circle has attained an Electronic Money Institution (EMI) license from the French banking authority, thereby achieving compliance with the European Union’s (EU) Markets in Crypto-Assets (MiCA) regulatory framework. With this license from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), Circle’s French entity is now issuing USDC and EURC stablecoins...

Interviews & Exclusives
Crypto’s Three Priorities for 2024: Interoperability, Acceptance, Regulation

July 04, 2024
Halfway through 2024, and the cryptocurrency and blockchain space finds itself at a critical juncture.  It is the same critical juncture, or at least one strikingly similar, that the crypto and digital asset sector has always found itself at — a juncture where regulatory developments, interoperability and scalability, and institutional acceptance are at the forefront. […]

An American Revolution — How US Crypto Policy Diverges From Rest of World

July 04, 2023
There will be no fireworks for the digital asset sector this July Fourth.  It’s looking like the course du jour being cooked on the grill this Independence Day could be...

Circle Says Lack of Direct EMI Access to EU Central Bank Accounts Stifles Payments Innovation

May 19, 2023
To access central bank accounts in the European Union (EU) today, electronic money token (EMT) issuers, and by extension all electronic money institutions (EMIs), have no choice but to rely...

Euro-Denominated Stablecoins Vie for Prominence in MiCA Era

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...

Quick Reads
Tether Adapts as Coinbase Prepares to Delist Non-MiCA-Compliant Coins

October 06, 2024
Coinbase is preparing to delist stablecoins that don’t adhere to European regulations by year’s end. The move, as reported Friday (Oct. 4) by Bloomberg News, comes as the European Union’s Markets in Crypto-Assets Regulation (MiCA) is introducing tougher oversight of cryptocurrency companies. “Given our commitment to compliance, we intend to restrict the provision of services […]

Circle Attains EMI License From France, Achieves MiCA Compliance

July 01, 2024
Circle has attained an Electronic Money Institution (EMI) license from the French banking authority, thereby achieving compliance with the European Union’s (EU) Markets in Crypto-Assets (MiCA) regulatory framework. With this license from...

EU Watchdog: 90% of Crypto Trading Confined to 10 Exchanges

April 10, 2024
Ten cryptocurrency exchanges account for 90% of the market’s trading. And that concentration could be a problem, according to a report issued Wednesday (April 10) by the European Securities and Market Authority (ESMA)....

EU Regulator Proposes New Rules For Foreign Crypto Firms

January 29, 2024
A European regulator has proposed new rules for cryptocurrency companies headquartered outside of the bloc. The European Securities and Markets Authority (ESMA) introduced regulations Monday (Jan. 29) that would place limits on those...