Quantcast

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

Bitcoin: Pro-Crypto Cynthia Lummis Heads New Senate Subcommittee
Trump's Future Treasury Secretary Holds $500,000 in Bitcoin ETFs
Bitcoin Difficulty Hits All-Time High, Adjusts Positively for 8th Consecutive Time
Hong Kong launches 'supervision incubator' to help banks adopt blockchains
MEP Berger: 'The FDP needs Bitcoin'
Sen. Lummis on Ex-Vice Chair of Federal Reserve: He was 'enabling Chokepoint 2.0'
3 Russians Face U.S. Money Laundering Charges Over Mixing Services: DOJ
US Senate: Pro-Bitcoin leader heads crypto subcommittee
Gemini Agrees to Pay $5M Settlement in CFTC Case
Bhutan economic hub to set up strategic crypto reserve
CFTC: Rostin Behnam announces his resignation
Bountycaster Co-Founder on loan rejection: I 'Experienced Operation Chokepoint 2.0 firsthand'
Strategic Bitcoin Reserve: Czech Central Bank does not rule out this possibility
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
Dutch Regulator AFM Awards EU MiCA License to 4 Companies
MiCA can attract more crypto investment despite overregulation concerns
MicroStrategy Buys a Further 1,070 Bitcoin
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
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

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

The Financial Conduct Authority (FCA) has issued a warning regarding Dragonfly Capital Fx, which is reportedly offering financial and crypto-related services without proper authorization.

May 22, 2025

The Comisión Nacional del Mercado de Valores (CNMV) has announced that it has informed the European Securities and Markets Authority (ESMA) of its adoption of five MiCA Regulation development guidelines.

May 22, 2025

The German Federal Financial Supervisory Authority (BaFin) has issued a warning to consumers regarding the website turbon.co.

May 21, 2025

The Financial Conduct Authority (FCA) has announced its intention to seek feedback on proposed regulations for cryptoasset trading platforms.

May 17, 2025