Coinbase has received final approval for a Markets in Crypto-Assets (MiCA) license from Luxembourg. This success will now enable the digital currency exchange to offer its services throughout all 27 member states of the European Union. This move, granted by Luxembourg's financial authorities, consolidates Coinbase's position in the European market...
The global landscape of cryptocurrency regulation is rapidly evolving, with Europe emerging as a frontrunner thanks to its comprehensive Markets in Crypto-Assets (MiCA) framework. While the U.S. grapples with regulatory uncertainty, MiCA offers crypto businesses and investors a clear, unified pathway forward, potentially sparking a boom in the European crypto...
The European Union’s Markets in Crypto-Assets (MiCA) regulation comes into force in a matter of months. At the same time, major crypto players Gemini and Coinbase are poised to obtain EU licenses, signaling a significant step forward for the emerging digital finance space. This is to create a common governance...
Europe's crypto ambitions are grand. MiCA, the Markets in Crypto-Assets regulation, holds the prospect of a single rulebook. Here is where promise versus reality become hugely evident, particularly when you have 27 nations at the table. The true test isn’t the drafting of that regulation, it’s the manner—including consistency—and intelligence—with...
MiCA. It sounds innocuous, doesn't it? Like a friendly European cat. When it comes to stablecoins, the EU’s Markets in Crypto-assets Regulation is anything but cuddly. Consumer protection in reality, it’s turning into a global power grab.MiCA's Reach Exceeds Its Grasp?MiCA's ambition is breathtaking. It seeks to set ground rules...
Coinbase is placing mammoth-sized bets on Europe, and France is ground zero for their strategy. They sing the praises of France’s “forward-looking regulatory environment” and how MiCA (Markets in Crypto-Assets regulation) will bring clear regulations to the world of crypto. Is it really that simple? Are we peering into a...
MiCA. The very name of it is a return to the bureaucratic nightmare. For artists and everyday users in Southeast Asia, that’s what it risks becoming—precisely because it has been so successful. Meanwhile, the EU is busy patting itself on the back for “regulating crypto.” In doing so, it is...
The crypto landscape in Europe is set to experience a radical change. This transformation is primarily driven by the adoption of the Markets in Crypto-Assets (MiCA) regulation. Completing the picture This detailed framework is intended to govern crypto-assets, stablecoins, and crypto-asset service providers across the EU. MiCA has generated considerable...
Paolo Ardoino, CTO of Tether, has previously voiced grave concerns over the Markets in Crypto-Assets (MiCA) regulation. He thinks it would have a big impact on the stablecoins, in particular, Tether. Ardoino is adamant that following European law would result in severe and irreparable harm. He even goes so far...
Europe is playing a dangerous game. While the intent behind the Markets in Crypto-Assets (MiCA) regulation is laudable – protecting consumers and fostering a safe crypto environment – its current form, particularly concerning stablecoins like Tether (USDT), risks crippling the very innovation it seeks to safeguard. Paolo Ardoino, Tether's CEO,...
