Tag: mica

UK's Crypto Gamble: Is US Alignment Worth Ditching EU's MiCA?

UK's Crypto Gamble: Is US Alignment Worth Ditching EU's MiCA?

• Commentary

The UK is taking a bold new approach to crypto regulation. This implementation guidance takes a notable turn from the EU’s MiCA framework and is more akin to the US’s implementation guidance. The government is pitching it as an exercise to strengthen investor confidence, as part of a broader strategy...

MiCA's Trojan Horse? How EU Stablecoin Rules Could Backfire

MiCA's Trojan Horse? How EU Stablecoin Rules Could Backfire

• Commentary

The EU, under the aegis of its Markets in Crypto-Assets (MiCA) regulation, believes it is constructing an impenetrable trust bubble around stablecoins. What if it’s not public transportation but rather creating an elaborate gilded cage. That would stifle innovation and cede the future to the status quo. Have we just...

Banks Explore Stablecoin Opportunities Following MiCA Implementation

Banks Explore Stablecoin Opportunities Following MiCA Implementation

• Regulation

After the adoption of the Markets in Crypto-Assets (MiCA) regulation, European banks have shown increasing interest in stablecoin initiatives. This regulation has opened the door to regulated stablecoin issuance across the European Union (EU).One major example is Societe Generale, which launched its euro-backed stablecoin, EUR CoinVertible, to retail investors in...

MiCA vs. Trump: Will the US Overtake the EU in Crypto?

MiCA vs. Trump: Will the US Overtake the EU in Crypto?

• Facts

One, the global cryptocurrency landscape is rapidly changing. Regulatory strategies play an outsized role in determining the fate of digital assets. The other joint leaders in the global crypto landscape are the European Union (EU) and the United States (US). They are using fundamentally different approaches to regulate cryptocurrency. The...

MiCA's Fatal Flaw: Why EU Crypto Control Will Backfire

MiCA's Fatal Flaw: Why EU Crypto Control Will Backfire

• Commentary

Back in Europe, the EU has been doing some self congratulating for being “first” with MiCA. First to what? Last to fully embrace digital asset innovation at home, but first to possible destroy its own crypto industry? We strongly support the good intentions that underlie both financial stability and consumer...

MiCA's Triumph or Trap? The Truth About Crypto Regulation's Impact

MiCA's Triumph or Trap? The Truth About Crypto Regulation's Impact

• Commentary

We're told MiCA is a victory. A landmark. A victory, indeed, though perhaps a surprising one as Ekmel Çilingir, Chairman of EMBank’s Supervisory Board, would have you think. Volumes up, stablecoins flowing, fintechs supposedly empowered. But before we uncork the champagne, let's ask a crucial question: Does Regulation Truly Set...

EMBank Chairman Cilingir Highlights MiCA's Early Success and US Crypto Policy Shift

EMBank Chairman Cilingir Highlights MiCA's Early Success and US Crypto Policy Shift

• Regulation

Ekmel Cilingir, Chairman of the Supervisory Board of European Merchant Bank (EMBank), has released an article examining the evolving landscape of cryptocurrency regulation in the U.S. and the European Union. Based in Vilnius, Lithuania, Cilingir's LinkedIn Pulse article, titled "Crypto Going Legit: New Direction in the US, MiCA's Early Success,...

Japan's "New Capitalism 2025" Plan Signals Regulatory Embrace of Bitcoin and Web3

Japan is strategically positioning itself as a global leader in digital innovation with its updated "New Capitalism 2025" plan, released on April 13. Taken together, this plan represents a major regulatory turning point event toward welcoming Bitcoin and Web3 technologies. The initiative aims to leverage digital assets to solve social...

Japan's Bitcoin Revolution: A Boon for Artists and Web3 Creators?

Is Japan on the verge of accidentally unleashing a tsunami of creative destruction and financial liberation onto the rest of the emerging markets? I know this seems like a tall order, but hear me out. Japan’s regulatory change to officially recognize Bitcoin as a financial product. This step is a...

5 Ways This Crypto Bill Empowers Southeast Asian Artists, Not Wall Street

Let’s be honest, when you hear about crypto regulation, your first thought probably isn't Southeast Asian artists finding new avenues for creative expression. Surely visions of Wall Street honchos and inscrutable derivatives dance in your head. Well, what if I told you that the Senate’s Banking Committee just released their...

Senate Republicans Forge Ahead on Crypto Market Structure Framework

Republican senators working on a new framework for digital assets legislation, riding the positive bipartisan wave in the Senate as of late. This announcement follows the Senate’s passage of a bill to regulate stablecoins last week. It was passing with overwhelming bipartisan support.Senators Tim Scott, Cynthia Lummis, Thom Tillis, and...

Crypto's 'Light-Touch' Regulation Gamble Will It Protect You?

The Senate Committee’s proposed “light-touch” regulatory framework for crypto is a long high-stakes poker game. Are we all truly holding a winning hand, or are we collectively bluffing our way into a future financial crisis? It’s a question every investor, every innovator, and frankly, every citizen should want to know....

Trump Jr. at KBW2025: Web3's Mainstream Moment?

Donald Trump Jr.’s scheduled keynote address at KBW2025 is raising eyebrows and inspiring intense discussion across the Web3 ecosystem. He’s just a high-profile guy shaking things up in the crypto world. His presence further exemplifies the increasing importance of blockchain technology and its potential to revolutionize the traditional economy. Does...

Trump Jr. at KBW2025: Web3's Punk Rock Moment or Sellout?

Or I think about Nandar, a wonderful Burmese artist that I met in Yangon, sharing with me her latest NFT collection. Each work exploded with vivid imagery, bravely fighting back against the junta’s repressive hold. She began selling them directly to supporters around the world, allowing her to cleverly sidestep...

KBW2025: Is Trump Jr. Web3's Trojan Horse or its Savior?

Donald Trump Jr. at Korea Blockchain Week? It's a head-scratcher, isn't it? About as easy as locating a MAGA hat at a Burning Man soirée. Before we put this down as just another short-lived publicity stunt, let’s take a closer look at what this could IoTally Web3 means. Cynical ploy...