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Today in Crypto: India's Central Bank Proposes AI-powered Conversational Payments System, India Wants to Utilize Crypto to Digitally Sign Documents, UK Recruiting For CBDC Academic Advisory Group
10.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: India's Central Bank Proposes AI-powered Conversational Payments System, India Wants to Utilize Crypto...
France updates its crypto licensing regime to synchronize with MiCA
10.8.2023
The amendments will become obligatory by January 1, 2024 and must be taken into account in by applicants for enhanced DASP registration
Why Binance Is Abandoning Most of Europe
10.8.2023
Crypto firms only need regulatory approval in one EU nation under new regulations to serve the single market – but some states are more prepared to implement MiCA rules than others
France Steps Closer to Implementing MiCA for Crypto Firms
10.8.2023
The country's financial regulator AMF has "enhanced" registration requirements for digital asset service providers set to take effect on Jan. 1, 2024
Crypto Custodian Hex Trust Expands European Foray With Registration in France
2.8.2023
The registration, which follows last year's approval in Italy, is "a significant milestone" for its European expansion plans, Hex Trust said
Why MiCA Is Overly Burdensome Regulation for Ukraine's Crypto Industry
1.8.2023
As a European Union's candidate member, Ukraine is set to adopt the EU's landmark Markets in Crypto Assets Regulation (MiCA). But the law's requirements may become too strict for the country’s blockchain future, says Ukraine's deputy minister of digital transformation
DeFi Project Atlendis Secures $1 Million Loan from French National Bank BPI and Demonstrates Compliance with PSAN License
26.7.2023
French DeFi project Atlendis hit two major milestones as it secured a €1 million loan ($1,108,055.00) from the French public investment bank along with obtaining a crypto services provider license.
Atlantis obtained PSAN, committing to complying with France’s crypto regulations and aligning with...
Coinbase Executive Tasks Australian Regulators To Speed Up Legislations To Remain Competitive
25.7.2023
Coinbase Chief Policy Officer Faryar Shirazad has noted the importance of regulatory clarity in Australia to position itself as a major web3 hub.
Shirazad made the call to lawmakers at a Senate hearing on July 25 as they debated a crypto bill drafted to regulate different spheres of the market...
EU Stablecoin Issuers With Bank Assets in Reserve Will Get Extra Regulation, EBA Draft Says
24.7.2023
The EU agency is consulting on new MiCA rules that mean “significant” tokens are centrally supervised with extra capital requirements
SEC’s Stuttering Litigation Strategy Draws Comment From France
20.7.2023
French officials boast of crypto-ready laws that contrast with a stuttering enforcement campaign from the U.S. SEC – and are looking to the next generation of Web 3 gaming rules
The EU Commission’s strategy on Web4 is a flop
18.7.2023
There’s a lot of work left to be done on Web 3.0. The European Commission is getting ahead of itself by trying to move to what it calls “Web 4.0.”
Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity: Circle exec
17.7.2023
Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC; it all looks rosy, he said
Bitcoin ETFs Can Boost ‘Overall Reputation of Certain Cryptocurrencies’ — Brighty App Co-Founder
16.7.2023
According to Nikolay Denisenko, the co-founder and CTO of the financial and earning application Brighty App, the digital version of the pound sterling can be a bridge that enables “easy conversions between different types of crypto, stablecoins, and digital currencies.” Furthermore,...
Upbit Publishes Complete Korean Translation of EU’s MiCA Laws – Crypto Regulation Incoming?
14.7.2023
Upbit, South Korea’s biggest crypto exchange, has published a full, translated text of the EU’s MiCA crypto regulation laws, a suggestion that Europe’s new rules could be impacting other nations.
Officially known as the Markets in Crypto-Assets (MiCA), these regulations have already served as...
It's Time for a Euro Stablecoin
12.7.2023
European regulator releases consultative paper on MiCA standards for crypto asset service providers
12.7.2023
The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations
EU Regulators Issue Stablecoin Guidance, Calls For Compliance Ahead Of MiCA
12.7.2023
Financial regulators within the European Union (EU) have urged stablecoin issuers alongside other industry participants to adopt the guidelines set out in Markets In Crypto Assets Regulation (MiCA).
MiCA is the first comprehensive digital asset regulatory framework that covers exchanges, assets...
EU ‘Understands the Benefits of Having One Crypto Market’, Says Blocktrade CEO Christian Niedermüller
12.7.2023
The EU's comprehensive work on regulating the industry will provide numerous benefits to crypto companies and their customers, argued Christian Niedermüller, CEO of the fully regulated crypto platform Blocktrade, in an interview with Cryptonews.
However, it will also create certain difficulties...
European Banking Authority calls for early adoption of stablecoin standards
12.7.2023
EBA officials anticipate a surge in stablecoin issuance over the coming months and have urged businesses to use its guiding principles before the necessary restrictions are implemented
Stablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking Agency
12.7.2023
Regulators can be notified of stablecoin-related operations now even though the rules don’t take effect until June 2024, the European Banking Authority said