CRYPTO NEWS AROUND THE GLOBE

Salvador: 80,000 civil servants trained in Bitcoin – A visionary initiative or a risky bet ?

The Fed is ready to cut interest rates â what that means for crypto

New Binance CEO Sees No Need for IPO as He Plots 100-Year Strategy for Crypto Exchange

Dubai: An employee paid in cryptocurrency – Everything you need to know about this first history in the UAE

Wrapped Bitcoin rivals eye $9bn market share after ownership drama

The Digital Chamber: Nigerian government's excessive fines could have 'a chilling effect on foreign direct investment'

TON Leads Crypto Majors as BTC, ETH Remain Flat

German Interior Ministry Predicts Bitcoin at $100,000 in 2024, Recommends Use of Hardware Wallet

Why economists say the CFTC is wrong about prediction markets

Cardano drops out of the top 10 cryptocurrencies by market cap ranking

Bitcoin Tumbles Back Under $58K as Crypto Quickly Crumbles Thursday Afternoon

Bchain Africa CEO on detention of Binance employee: 'Are we running a military system in Nigeria under the guise of democracy?'

Binance exec in Nigerian prison is ‘almost bedridden’

Swiss and Norwegian central banks reportedly hold 3,400 Bitcoins via MicroStrategy shares

Trump and Musk Avoid the Burning Topic of Cryptos During Their Interview

Why crypto investors are ‘asleep at the wheel’ amid improving macro conditions

MetaMask Starts Rollout of Blockchain-Based Debit Card Developed With Mastercard, Baanx

Coinbase to Launch Wrapped Bitcoin (WBTC) Competitor – What’s at Stake in Such a Token?

Binance's Sacheendran: 'blockchain technology will revolutionize various industries beyond finance'

Bitcoin at 9 million in 20 years according to the power law

Binance recovers more than $73M in user funds from external hacks

Did you miss this week's news? Here is a recap of the information you shouldn't have missed about Bitcoin, Binance, Ethereum, and Ripple!

Collapsed crypto exchange FTX ordered to pay $12.7bn to creditors, CFTC says

Bitcoin Difficulty Reduction Incoming? Miners Brace for a Major Shift on Aug. 14 – Mining Bitcoin News

Gambaryan Family Says Binance Executive Is Being Denied Access to Lawyers, Health Is Deteriorating

SEC subpoenas three crypto VCs in sign crackdown is gaining pace

Ripple begins testing its stablecoin RLUSD on XRP Ledger and Ethereum

The IMF and El Salvador Close to an Agreement on Bitcoin!

Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case

Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound

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