The European Parliament granted final approval to the European Union’s artificial intelligence law, one of the world’s first set of comprehensive AI regulations.
MiCA News
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The list contains several crypto firms among companies trading without the correct licenses.
2417Crypto firms operating on the island would have to meet the qualification requirements for investment businesses, which were not designed for the crypto market.
2063Cryptocurrency exchanges stand to benefit from unified rules and regulations for the industry across Europe as MiCA legislation comes into effect in 2024.
4427MiCA passed in 2022, but aspects of it are still being worked out. Defining a financial instrument is a big outstanding question.
3063European Commission policy officer Ivan Keller highlights high-profile centralized exchange shortcomings as key reasons for the implementation of MiCA regulations in Europe.
9926The country said EU crypto rules will come into force in December 2025, ahead of the general deadline for implementing MiCA for all 27 member states of the EU.
3720The joint guidelines include granting authorization for asset-referenced tokens issuance and crypto asset service providers’ conducting prudential assessments before potential acquisitions.
3734Crypto asset service providers may not benefit from full rights and protections afforded to them under MiCA until as late as July 2026, the ESMA said.
2741The regulator will publish a final report based on feedback received and submit the draft technical standards to the European Commission by June 2024.
4309Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts.
7687The company cites the inability to meet regulators’ requirements but says it intends to return to the Dutch market.
4085Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report.
2982A Binance executive said the cryptocurrency exchange plans to delist stablecoins in the European market by June 2024 in order to comply with standards laid out by MiCA.
6975Malta has joined France and other EU nations in revising its existing crypto regulatory policies to align with MiCA, which comes into effect in December 2024.
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