Quantcast

EBA issues opinion on MiCAR RTS changes

CRYPTO NEWS AROUND THE GLOBE
Crypto Custody Firm Copper’s CEO Dmitry Tokarev Plans to Step Down
HBO announces that the identity of Satoshi Nakamoto will be revealed in its next documentary dedicated to the creator of Bitcoin
JPMorgan analysts identify key catalysts shaping crypto's near-term outlook
Columbia Business Professor: 'we will be reaching the point where transacting on blockchains is absolute poison for criminals'
SEC files appeal in Ripple lawsuit
Is Visa Preparing a Crypto Revolution for Banks with VTAP?
Binance announces full digital asset license in Kazakhstan
Crypto Payments Firm BCB Group Was the Subject of an FCA Investigation: Sources
Can the third world war break the Bitcoin cycle and prevent the next bull run?
SEC appeals Ripple case ruling, citing conflict with Supreme Court precedent
Bitcoin Crumbles to $60K, Giving Up Most Post-Fed Rate Cut Gains
Three OpenSea execs quit in last three months as troubles mount for NFT marketplace
UK regulators open sandbox to unlock a $14tn tokenisation bonanza
Bitcoin Tumbles Back Below $64K as Surprise Japan Prime Minister Choice Triggers 5% Plunge in Nikkei
Changpeng Zhao on his plans: “Binance seems to be doing well without me at the wheel, which is great”
QCP Capital forecasts continued risk-on sentiment for bitcoin after strong September
Bitcoin Prices Show Positive 30-Day Correlation With China's Central Bank Balance Sheet
Base: the Coinbase Layer-2 passes the 2 billion TVL mark
Binance announces collaboration to combat scam operation in Indonesia
Tornado Cash case: Developer Roman Storm faces 45 years in prison
US ambassador to the United Nations presses Nigeria to release jailed Binance exec
Retail Accumulation and Exchange Outflows Drive Market Optimism for Bitcoin
How Worldcoin’s crypto giveaway in Berlin exploded in fistfights with Chechens and ‘undesirables’
Binance CEO: 'proud to have successfully secured our 19th global regulatory approval in India'
Societe Generale partners with Bitpanda to democratize access to the EURCV stablecoin
Binance launches its pre-market offer to acquire cryptocurrencies before their listing
Coinbase adds Solana cbBTC support as Bitcoin-backed token race heats up
Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
He used his clients' cryptos to buy luxury cars – A scammer sentenced to pay 36 million dollars
Ethereum transaction fees surge even as active accounts fall to year-to-date lows
All Crypto News Around The Globe
EBA issues opinion on MiCAR RTS changes
Web3/Crypto
Webp campa
Jose Manuel Campa, Chair of the EBA | LinkedIn

The European Banking Authority (EBA) has issued an opinion on proposed changes to the draft Regulatory Technical Standards (RTS) concerning the authorization of public offers or trading of asset-referenced tokens under the Markets in Crypto-Assets Regulation (MiCAR). This announcement was made in a press release dated February 27.

According to the press release, the EBA has accepted the European Commission's proposed amendments to its draft RTS on asset-referenced tokens (ARTs) under MiCAR. The EBA recommends modifying the Level 1 text to incorporate requirements related to market policy abuse, third-party audits of Distributed Ledger Technology (DLT), and a more comprehensive definition of "good repute."

This opinion is based on Regulation (EU) No 1093/2010 and responds to the European Commission’s amendments to the draft RTS. The RTS, which aim at regulating ART market access, were initially submitted by the EBA in May 2024. The European Commission endorsed them with amendments in January 2025.

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 Union, 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 will be effective from December 30, 2024, and includes provisions on governance, disclosure, and preventing market abuse, with oversight by EU authorities like the EBA and ESMA.

The EBA is an independent EU agency responsible for ensuring effective and consistent regulation and supervision within the European banking sector. Its primary mission is to enhance the stability and integrity of the EU financial system through transparent and fair regulation. The EBA contributes to creating harmonized prudential rules for financial institutions and promotes convergence in supervisory practices. It also conducts risk assessments, oversees digital and operational resilience, and works to prevent financial crime. Additionally, it provides advice to EU institutions and resolves cross-border financial disputes.

Organizations Included in this History
European Banking Authority • European Banking Authority (EBA)
More News

Crypto Price Shifts for April 6, 2025

Today’s crypto overview: Price action across Bitcoin, Ethereum, Binance Coin, and more on April 6, 2025.

Apr 7, 2025

FIN-FSA announces full application of MiCA regulation

Finland’s Financial Supervisory Authority (FIN-FSA) has announced its review of topical supervisory themes, including the full application of the European Union Regulation on Markets in Crypto-Assets (MiCA), which regulates crypto-asset services.

Apr 7, 2025

CNMV issues warnings on unregistered financial and crypto entities

The Comisión Nacional del Mercado de Valores (CNMV) has issued warnings regarding unregistered financial and cryptocurrency entities operating without proper registration.

Apr 7, 2025

Consob announces black-out of 7 websites for unauthorized financial services

The Commissione Nazionale per le Società e la Borsa (Consob) has announced the black-out of seven new websites involved in the unauthorized offering of financial services or crypto-activities under the Markets in Crypto-Assets Regulation (MiCAR).

Apr 7, 2025

BaFin announces warning on Aktien Network over unauthorized crypto services

The Federal Financial Supervisory Authority (BaFin) has issued a warning regarding Aktien Network, which is reportedly offering financial, investment, and crypto asset services without the necessary authorization.

Apr 7, 2025

Crypto Price Shifts for April 5, 2025

Bitcoin, Ethereum, Binance Coin & more: Today's crypto overview — April 5, 2025

Apr 6, 2025

Crypto Comments
Loading...

No comments available.

Trending
1

CEO of Edge & Node on Argentina’s inflation crisis: 'They would get paid in stablecoins'