Quantcast

DORA boosts digital resilience in EU financial sector

Crypto exchange OKX wants to go public on Wall Street
Federal Reserve removes 'reputational risk' from bank examinations in a 'win' against crypto debanking
India wants 30% of your crypto gains, but that’s not the worst part
This payment giant announces a stablecoin for 6 million merchants and 10,000 financial institutions
Bitcoin at $21 million by 2046? Michael Saylor revises his predictions upwards
JPMorgan files trademark application for JPMD, citing multiple blockchain use cases
Geopolitical tensions: Gold soars, Bitcoin hesitates
Bitcoin on the rise, towards a new ATH likely
Gemini, Coinbase expected to secure EU licenses under MiCA — Report
Justin Sun lance une Tron Treasury Company avec le soutien de la famille Trump
Negative Rates Return to Switzerland as U.S. Faces Higher Yields. What Does it Mean for Bitcoin?
300 million euros: The Blockchain Group continues to raise funds to accumulate as many Bitcoins as possible
Quintenz says CFTC will need more funding if tasked with broader crypto oversight
These cryptocurrencies are experiencing a massive price increase!
This project combining stablecoin and Bitcoin (BTC) raises $500 million in less than an hour
Hong Kong's OSL eyes Indonesia expansion with $15 million crypto exchange acquisition
FCA-registered BCP launches British pound stablecoin
Crypto: Ripple's RLUSD stablecoin will now also be used in the United Arab Emirates
Robinhood completes $200 million acquisition of crypto exchange Bitstamp
Changpeng Zhao offers a dark pool-style DEX for invisible crypto orders
End of tariffs? Judge blocks Trump's Liberation Day
The TACO trade is gaining popularity; what is it?
B2B stablecoin payments surge to $36 billion annual pace, survey finds
Russian banks debut crypto products for qualified investors
Reserve Bank of India to roll out new use cases for digital rupee
Bitcoin creator becomes richer than Bill Gates
EU revises growth downwards to 0.9% in 2025, weighed down by Donald Trump's customs duties
United Kingdom: Crypto firms will have to report all customer transactions
Ethereum on the brink of an incredible surge? This expert's bold prediction
DOJ is investigating Coinbase data breach— Report
DORA boosts digital resilience in EU financial sector
Web3/Crypto
Webp headshots 2
Petra Hielkema, Chairperson of the European Insurance and Occupational Pensions Authority (EIOPA) | eiopa.europa.eu

The Digital Operational Resilience Act (DORA) enhances European Union (EU) financial regulation, requiring entities to bolster their ability to withstand Information and Communication Technology (ICT) disruptions, mitigate cyber risks, and maintain stability across the sector. The new regulation, effective January 17, 2025, was detailed on the DORA website on January 17.

DORA establishes a unified EU framework for managing ICT risks in the financial sector, addressing gaps in existing regulations. It mandates financial entities to implement robust risk management, report incidents, conduct resilience testing, and oversee third-party ICT providers. Aimed at enhancing stability and security across the EU financial system, DORA will come into effect on January 17, 2025.

Reported by Cointelegraph, Matt Sullivan, Deputy General Counsel at MoonPay, said that DORA significantly impacts Markets in Crypto-Assets (MiCA)-licensed crypto firms by imposing stringent cybersecurity and operational resilience requirements. MoonPay has mobilized internal teams to ensure compliance, updating vendor relationships and maintaining a DORA-compliant register. These measures aim to align with DORA's focus on safeguarding digital asset operations and enhancing investor protection.

Get the Newsletter
Sign-up to receive weekly round up of news from Crypto Republique
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

According to their website, Binance is actively aligning its operations with the European Union's MiCA regulation. The company has implemented measures to comply with MiCA’s stablecoin rules, restricting the availability of unauthorized stablecoins for users in the European Economic Area (EEA).

According to its website, the Autorité des Marchés Financiers (AMF) has blacklisted cryptocurrency trading platforms Bitget and BYBIT for non-compliance with French regulations. Neither platform is registered as a Digital Asset Service Provider (DASP), making their services illegal under French law. The AMF warns investors to avoid these platforms and consult its white list of registered providers for compliance and protection.

According to their website, the European Insurance and Occupational Pensions Authority (EIOPA) is an EU financial regulatory body established to oversee the insurance and pensions sectors, promoting stability and public trust. It provides evidence-based advice to EU institutions and ensures consistent supervisory practices to protect policyholders and beneficiaries. EIOPA was founded following the 2008 financial reforms driven by recommendations from the de Larosière High-Level Group to strengthen financial supervision in the EU.

More News

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), said that public companies increased their bitcoin holdings more rapidly than exchange-traded funds (ETFs) in the second quarter.

Jul 5, 2025

CoinFlip, a global digital currency platform, has announced the launch of a new user interface for its CoinFlip Preferred service.

Jun 30, 2025

Gum Shoe, a crypto influencer, has highlighted the long wait times and high fees at Coinbase compared to better service at Binance as evidence of the need for increased competition among U.S. crypto exchanges.

Jun 23, 2025

Changpeng "CZ" Zhao, founder of Binance, said that practical education data from his Giggle Academy learning platform will connect young learners to job opportunities instead of focusing on degrees.

Jun 23, 2025

Farid Mahmoodi, a crypto trader and whistleblower, has raised serious allegations against the cryptocurrency exchange Bitget.

May 29, 2025

The Financial Conduct Authority (FCA) has issued a warning regarding Codex Finance, which is allegedly offering financial and crypto-related services without proper authorization.

May 22, 2025