CRYPTO NEWS AROUND THE GLOBE

SEC’s Gary Gensler ditches favourite crypto broadside

Will Dogecoin hit $1 in June? What the forecasts tell us

What are the 5 cryptocurrencies that performed best in May 2024?

Binance to restrict 'unauthorized' stablecoins in EU starting June 30, urges users to switch to regulated tokens

Ethereum ETF: 3 reasons for future failure for JPMorgan

SpacePay Brings Crypto To Traditional Commerce Using Revolutionary Payment Software – Next Big Altcoin of 2024?

Crypto: The impact of the European elections on regulation

“We must change this peremptory tone”: Bruno Le Maire tackled by the Finance Commission on the public deficit

Bitcoin and gold: A growing correlation to closely monitor

Franklin Templeton files amended S-1 for spot Ethereum ETF, lists 0.19% fee

Breaking: DMM Bitcoin Loses 4,502.9 BTC in $305 Million Crypto Hack

A crypto developed thanks to ChatGPT has gained more than 2,000%

DeFi Data Firm API3 Raises $4M in Funding Round Led by DWF Labs

SEC condemned for abuse of power

The U.S. Response to Binance Exec Tigran Gambaryan's Detention Is Shameful

Binance France drops CZ and names two new shareholders to preserve European foothold

Jailed Binance exec in Nigeria is struck by malaria amid anguished pleas from his lawyers and family

SOL, XRP Could Be Possible Candidates for ETFs, Standard Chartered Says

The Paris stock exchange falls as the Fed delays cutting its rates

DOGE: Kabosu, the dog behind the memecoin Dogecoin, died at the age of 17

Ethereum spot ETF (ETH): SEC approves plans from NYSE, CBOE and Nasdaq

Binance exec collapses in Nigerian court as health worsens in prison

WisdomTree may launch its Bitcoin and Ethereum ETPs on the London Stock Exchange

Crypto top & flop: the market pauses except for these three altcoins!

Binance assists Taiwan authorities with money-laundering scheme

A TV host becomes CEO of this crypto platform

Farcaster raises $150M for its social network built on Ethereum

Crypto Tax: 2024 Guide To Cryptocurrency Taxation In France With Waltio

Stock Market: The calm before the storm? Europe facing uncertainty over Fed decisions

Bitcoin Breaks Out Above $68K as Solana's 7% Gain Leads Crypto Rally

All Crypto News Around The Globe

The European Crypto Initiative Team: 'Big changes are coming to the crypto world in the EU, and it all starts with #MiCA'

Policy

European Crypto Initiative | https://eu.ci/team/

By Crypto Republique

Sep 6, 2024

The European Crypto Initiative (EUCI), a European blockchain advocacy group, stated that the Markets in Crypto-Assets (MiCA) regulations are poised to bring significant changes to the crypto world within the European Union. EUCI shared their statement on September 4 via a post on X.

"Big changes are coming to the crypto world in the EU, and it all starts with MiCA," said European Crypto Initiative Team.

According to a release by Elliptic, the EU’s new Markets in Crypto-Assets regulations took effect on June 30 for all stablecoin issuers. This development ushers in "a new era of regulatory oversight for innovators in the Crypto space." The new rule stipulates that "issuers must now obtain approval from relevant members of state authorities before offering their tokens within the EU, or when offering stablecoins pegged to the euro or other member state currency."

Get the Newsletter

Sign-up to receive weekly round up of news from Crypto Republique

The framework and legal clarity provided by the MiCA regulations have attracted the European Union’s largest banks to enter into the crypto industry, according to a report by Cointelegraph. Bitpanda Deputy CEO Lukas Enzersdorfer-Konrad said, "European banks are moving into crypto as an asset class and tokenization technology because MiCA, the upcoming regulatory framework for Europe, is suddenly bringing full clarity for banks."

The European Crypto Initiative (EUCI) aims to shape EU regulation to favor open, permissionless, decentralized applications leveraging blockchain technology while advocating for an innovative EU environment. According to their website, "The EUCI team is composed of leaders from countries over Europe that make sure 'that at the national level, the voices of the crypto companies are being heard.' We bring years of experience in the blockchain space and are uniquely positioned to understand the complex technical component and the challenges it brings to the centrally designed regulation framework."

More News

BBVA expands crypto services to include USD Coin

BBVA announced it is expanding its cryptocurrency custody and trading services to include USD Coin (USDC). This addition will benefit the bank’s institutional and individual account holders in Switzerland.

Sep 16, 2024

Alpha Architect announces insights on private investment volatility

Alpha Architect announced Larry Swedroe's insights on the impact of spreading volatility in private investments. The research shows that private equity's infrequent valuations can smooth returns, leading to underestimated risks and over-allocation.

Sep 14, 2024

European Crypto Initiative Team said: MiCA is 'critical... to regulate the rapidly evolving crypto-asset market with the EU.'

The European Crypto Initiative (EUCI), a blockchain advocacy group, said that the MiCA Regulation aims to create a harmonized regulatory framework for crypto-assets. EUCI shared their statement on a September 6th post on X.

Sep 13, 2024