Quantcast

EUCI co-founder: With MICA and AML 'building specific products will be riskier'

Binance marks 21st global regulatory milestone with authorization in Brazil
Crypto and Stock Market: what not to miss for the week of January 6 to 12
French regulator authorizes crypto operations for BPCE subsidiary
Crypto Youtuber on Chokepoint 2.0: I got 'denied from opening a bank account'
Expert accuses BlackRock of manipulating Bitcoin price
Centralization and the authoritarian threat to privacy — Web3 exec
MicroStrategy Buys Another 2,138 Bitcoin, Adding to Holdings for an 8th Straight Week
EU crypto regulation MiCA comes fully into force
Russia enforces a six-year ban on cryptocurrency mining across ten regions
Bitcoin Kimchi Premium Spikes as South Korea's Political Turmoil Escalates
Artificial Intelligence: Bitcoin at $1 million in 2030 if these 3 conditions are met
Stablecoin adoption, ETFs to propel crypto performance in 2025: Citi
EU silence does not make USDT MiCA-compliant, says exec
BlackRock: A fantastic year thanks to its Bitcoin ETF
Record $14B Bitcoin Options Expiry Looms as Market Looks Highly Levered-Up
Decentralized Finance: A Sector Poised for New Heights in 2025?
Yat Siu X account breach likely part of a string of recent hacks: ZachXBT
Coinbase CLO shares data on crypto hedge funds debanking, demands for answers
Bybit to disable logins for Malaysian users starting December 24
MicroStrategy bags 5.2K Bitcoin at average BTC price of $106K
BlackRock: the financial giant wants to support stablecoins
One year after the halving: Q1, the catalyst for the explosion of the altcoin market?
Metaplanet Picks Up Record 620 Bitcoin as XRP Leads Market Slide
Binance and Circle announce strategic partnership to advance USDC adoption and crypto innovation
CATO Policy Analyst: Operation Choke Point 2.0 ‘has undermined many of the people trying to work and innovate’
SEC Approves First Crypto Index ETFs Combining Bitcoin and Ethereum
Bitcoin dips to $92K in ‘optimal dip-buying’ move as PCE boosts crypto
DOGE Founder Reacts to Bitcoin, Dogecoin and Ethereum Sell-off
Coinbase CEO: 'Crypto is the only payment rail that checks all three boxes'
CATO Policy Analyst: Operation Choke Point 2.0 ‘has undermined many of the people trying to work and innovate’
EUCI co-founder: With MICA and AML 'building specific products will be riskier'
Web3/Crypto
Webp markezic1
Marina Markezic, co-founder of the European Crypto Initiative (EUCI) | LinkedIn

Marina Markezic, director and co-founder of the European Crypto Initiative (EUCI), expressed concerns over the implications of MiCA and AML laws on the development of crypto products. She said that these regulations make building such products "riskier" due to compliance challenges. This statement was made in a January 28 post on X.

"With MICA and especially with AML, building specific products will be riskier because of compliance reasons," said Markezic. "All the adopted laws are legal, but not all are considered legitimate from the community's perspective."

Markezic noted that new regulations under MiCA and AML may pose challenges. She said that compliance obligations will make developing certain crypto products "riskier." While these laws have been officially adopted, she pointed out that not all are seen as "legitimate" by the crypto community, reflecting concerns over their impact on the industry's growth and decentralized principles.


Marina Markezic's post | X

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 the European Commission, Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) measures include customer due diligence and adapting legislation to emerging risks like virtual assets. Key initiatives are MiCA, the Traceability of Transfers of Funds Regulation (TFR), and annual risk assessments. The new Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) will centralize supervision and improve law enforcement's access to financial information for enhanced cross-border investigations.

The European Union states that MiCA establishes uniform rules for crypto-asset issuers and service providers not covered by existing EU laws. It aims to ensure transparency, consumer protection, and market stability, with specific obligations for different types of crypto-assets, including e-money and asset-referenced tokens. The regulation, effective from December 30, 2024, includes provisions on governance, disclosure, and preventing market abuse, with oversight by EU authorities like the European Banking Authority (EBA) and European Securities and Markets Authority (ESMA).

Markezic is known for her focus on crypto regulation as director and co-founder of EUCI. She has worked with crypto projects since 2017, specializing in governance, decentralized finance (DeFi), and non-fungible tokens (NFTs). Known for her expertise in this field, she frequently speaks at blockchain events. Previously leading the advisory team at Cofound.it where she evaluated over 700 whitepapers, Markezic was named one of the top 100 women in fintech by Lattice80 in 2018.

Organizations Included in this History
More News

Georg Brameshuber, a crypto advisor, said that cryptocurrency is more than just money; Bitcoin represents financial "sovereignty," with some countries embracing it while others resist its influence.

Feb 21, 2025

The Comisión Nacional del Mercado de Valores (CNMV) has issued warnings about unregistered institutions that are unauthorized to offer investment services or related activities, including cryptocurrency services.

Feb 21, 2025

The Federal Financial Supervisory Authority (BaFin) has issued a warning against the website topcoinmarkt.de, citing unauthorized financial, investment, and crypto-security services.

Feb 21, 2025

Changpeng Zhao, also known as CZ, co-founder and former CEO of Binance, announced a donation of 150 BNB to assist those impacted by the Argentine $Libra currency incident.

Feb 18, 2025

Giulio Centemero, the League Group Leader on the Italy Finance Committee, has highlighted misunderstandings surrounding crypto assets and stressed the need for broader education to clarify sector differences.

Feb 18, 2025

The Commissione Nazionale per le Società e la Borsa (Consob) has announced the first application of the Markets in Crypto-Assets Regulation (MiCAR), blocking ten websites that falsely advertised crypto services.

Feb 18, 2025