Mica

ECB Board Member Warns EU’s New Crypto Rules Not Sufficient

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A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (Mica) factura “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar…

British Fintech Revolut obtuvo licencia criptográfica en Chipre

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U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation….

European Banking Authority Concerned About Hiring Talent to Oversee Crypto Space

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Europa’s banking sector regulator is worried it won’t manage to find the specialized personnel needed for the oversight of the EU’s attempt to regulate the crypto market. The authority is also concerned over the lack of clarity regarding which digital assets…

Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability

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The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the document, the bank explains that…

Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements

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Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. Por ejemplo, they asked for decentralized finance (definitivamente) projects to be excluded from the requirements to register as…

La UE designa a ESMA como criptorregulador de la región en el último borrador de MiCA

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El Parlamento de la UE ha designado a la ESMA, la Autoridad Europea de Valores y Mercados, el principal regulador de criptomonedas de la región en el último borrador de MiCA, la regulación de Mercados en Criptoactivos. The European organization would have the task of…

MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Informe revela

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Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that would have prohibited coins with energy-intensive mining, some members of…

Prohibición de prueba de trabajo eliminada de la criptorregulación propuesta por Europa

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A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision sparked objections from the crypto community. MiCA Proposal Drops…

BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Informe revela

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As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to…