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Dutch AFM Grants MiCA Licenses to 4 Digital Asset Firms
Four digital asset companies have obtained Markets in Crypto Assets (MiCA) licenses in the Netherlands, enabling them to operate seamlessly across all 27 EU member states. This milestone marks a key step toward a unified regulatory framework for Europe’s crypto industry. Goodbye USDT? MiCA Regulations Redefine EU Crypto Trading
New EU regulations on crypto assets, set to take effect in a few days, are already reshaping the stablecoin market. Many European crypto exchanges are delisting USDT to comply with MiCA requirements, leaving investors searching for alternative stable assets.
Tether’s Survival Plan: The Bold Strategy to Dodge MiCA's Hammer
In response to the MiCA regulations that took effect in the EU on July 1, 2024, Tether has revealed it’s working on a game-changing solution, specifically created for the European market. This bold move comes as Coinbase sets strict deadlines for compliance, with rumors swirling about a possible delisting of USDT within the European Economic Area.
Could MiCA Put the Brakes on DeFi's Growth?
The crypto community is buzzing with debates about the impending rollout of the MiCA regulatory framework in the EU. Key figures like Rune Christensen, co-founder and principal developer of MakerDAO, express concerns about potential disruptions in the decentralized finance (DeFi) sector. However, opinions on the matter are divided. 
Spain Accelerates MiCA Implementation
The Spanish government has announced its intention to adopt the European Union's comprehensive crypto framework (MiCA) at the national level, moving up the implementation timeline by six months. This expedited schedule is driven by the need to establish legal clarity and enhance investor protection in the cryptocurrency sector, as stated by the country’s officials. Kaiko Report: Regulated Stablecoins Take the Market Lead
With the MiCA (Markets in Crypto-Assets) framework coming into effect, the European crypto market is seeing profound changes. A joint study by Kaiko and Bitvavo highlights rising euro trading volumes and a reshaped stablecoin market landscape.
Coinbase to Delist Non-MiCA Compliant Stablecoins, Including USDT
Coinbase, the world’s second-largest cryptocurrency exchange by trading volume, announced it will delist all stablecoins that do not meet the MiCA regulations set by European authorities. Among those at risk is USDT, the leading stablecoin issued by Tether Holdings Ltd.
France Could Determine Binance's Fate in Europe
Cryptocurrency exchange Binance faces the risk of losing access to the European Union market if French regulators reject the company's application for registration under the new MiCa legislation. A major reason for this could be that Changpeng Zhao (CZ) is the sole owner of the French branch, holding 100% of its shares. EU Reviews New Crypto Regulations Package for MiCA
The European Securities and Markets Authority (ESMA) has published its first final report on the regulatory framework for the crypto market under the Markets in Crypto-Assets Regulation (MiCA). This document presents ESMA's recommendations regarding the criteria for the proper registration of crypto service providers and the procedure for handling complaints. The report has now been submitted to the European Commission, with ESMA set to assist the government in implementing these recommendations as a consultant. Crypto Regulations in Singapore
Singapore is recognized as an early adopter and innovator in cryptocurrency regulation. Back in 2019, well ahead of the MiCA regulation, the Monetary Authority of Singapore (MAS) established a set of rules for crypto companies, bringing clarity and legitimacy to digital finance. 