Mica

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  Binance to Delist Tether and Eight Other Stablecoins in Europe on March 31: All Details

  Binance will delist stablecoins that fail to comply with the EU’s MiCA regulations after March 31. The exchange announced that Tether (USDT), along with First Digital USD (FDUSD), Pax Dollar (USDP), Dai (DAI), Anchored Euro (AEUR), TerraUSD (UST), TerraClassicUSD (USTC), TrueUSD (TUSD), and Paxos Gold (PAXG), will no longer be available to EU use...

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  ESMA Proposes Staff Assessment Guidelines for Crypto Firms Under MiCA Regulations

  The EU's ESMA has released a proposal of suggested guidelines to help crypto firms assess the competence requirements for their staff members. By introducing this step, the regulatory agency said, it wants to ensure that only people with the right risk-and-benefit knowledge on crypto get to engage with investors and help them make informed decision...

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  Austria’s BitPanda Secures FCA Approval in UK, Plans to Offer ‘Set-and-Forget' Savings Strategy

  On Wednesday, February 12, BitPanda announced that the UK’s Financial Conduct Authority (FCA) has approved its registration to offer crypto-related services to British investors. According to FCA records, the exchange has also established an office in London to oversee its UK operations.

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  BlackRock Said to be Preparing to Launch Bitcoin Exchange-Traded Product in Europe

  BlackRock is gearing up to launch a bitcoin exchange-traded product in Europe. The product will likely be domiciled in Switzerland, a source told Reuters. As of now, the asset management firm has neither confirmed nor denied the reports.

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  Kraken Obtains MiFID Licence to Launch Crypto Derivatives Trading in the EU

  Kraken announced that it has secured the Markets in Financial Instruments Directive (MiFID) licence in the EU. Kraken managed to secure this MiFID licence after it completed the acquisition of an investment firm named Cypirot. Post this purchase, the Cyprus Securities and Exchange Commission (CySEC) gave its approval to Kraken to be an MiFID-licenc...

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  Bitpanda, OKX, Crypto.com Acquire Licences in EU as MiCA Laws Attracts Web3 to Region 

  Crypto exchanges OKX and BitPanda have secured licences in the EU region, making their operations legally compliant in 30 countries that comprises the European Economic Area (EEA). While OKX has received its licence in Malta, Bitpanda bagged its MiCA licence in Germany. 

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  EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins

  The European Securities and Markets Authority (ESMA) of the EU has asked crypto-asset service providers (CASPs) to put such procedures in place that can assess the compliance of ARTs and electronic money tokens (EMTs) with MiCA. Those found to be non-compliant must be restricted from being circulated, the ESMA has said.

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  Standard Chartered Introduces Crypto Service in Luxembourg Under MiCA Regulations

  Standard Chartered will now be offering crypto and digital asset custody services to its customers in Luxembourg. According to an official announcement post, the lender explained its decision to choose Luxembourg as its first crypto hub in the EU owing to its well-balanced regulatory and financial ecosystem.

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  Hong Kong-Based HashKey Obtains VASP Licence in Ireland to Comply With EU's AMLD5

  The Central Bank of Ireland has granted the licence of a Virtual Asset Service Provider (VASP) to the HashKey exchange, giving it legal permissions to offer a variety of crypto-related services in the country.

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  Banks Want In on Tether’s Billions in Stablecoin Profits

  Traditional banks are seemingly taking efforts to experiment with stablecoins after Tether boasted of billions in profits. Earlier this year, Societe Generale - Forge made its Euro-backed stablecoin. Oddo BHF SCA and London-based Revolut are also working on stablecoins.

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  Sweden Classifies Some Crypto Exchanges as ‘Professional Money Launderers’

  Sweden has classified some crypto exchange service providers as professional money launderers claiming that crypto exchanges are often used by criminals to launder proceedings from all types of crimes via cryptocurrency. Sweden blames crypto exchanges for playing a crucial role in maintaining the criminal economy while also harbouring underground b...

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  MICAT 2025: Registration Begins, Apply By November 22

  MICAT is a Computer-Based Test (CBT) for selecting candidates for the PGDM/PGDM-C program.

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  Web3 Startups Surge in Asia, Europe as New Legislation, Crypto-AI Mergers Gain Traction: Report

  A recent report by blockchain startup accelerator Alliance has claimed that Europe, Asia, and North America have registered big expansion in their Web3 startup ecosystems. In contrast, the US and Canada are experiencing a downturn, likely due to regulatory uncertainty in these regions.

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  Europe Issues 'Travel Rule' Guidelines for Crypto Firms Amid Push to Curb Money Laundering, Financial Crime

  The European Banking Authority (EBA) has imposed a ‘travel rule’ over crypto firms that aims to reduce instances of money laundering and terror financing using crypto assets, transactions through which often leave no trails that could lead to criminals.

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  EU’s MiCA Inspires Nigerian Policy Analyst to Urge for Similar Crypto Legislation: Report

  Nigerian policy analyst Obinna Uzoije said in a recent interview that the Economic Community of West African States (ECOWAS) to examine the intricacies of MiCA and how the legal framework has systematically and uniformly been deployed across the EU region.