MiCA News

The final vote was delayed due to issues in the translation of the 400-page legal document.

Christophe De Beukelaer considers his experiment successful, as he raised awareness among the local lawmakers.

ECB board member Fabio Panetta has woven his enthusiasm for blockchain technology and skepticism of cryptocurrency into an argument that supports both, albeit begrudgingly.

Operations in the country will be overseen by Cormac Dinan, a former employee of Crypto.com, Deloitte and Citigroup.

French Parliament will discuss the amendment, canceling the favorable treatment of crypto companies, in January 2023.

In its latest hearing on FTX, the committee looked to financial officials to assess the impact of FTX’s collapse in Europe and suggest a way forward.

In June, Christine Lagarde said a potential MiCA II framework “should regulate the activities of crypto-asset staking and lending, which are definitely increasing.”

The EU moved in the right direction by passing a law requiring influencers to disclose the risks associated with crypto. More countries should follow their lead.

“With a global MiCA, the FTX crash would not have happened,” said European Parliament economics committee member Stefan Berger.

One of the reasons behind the delay is “the enormous amount of work for the lawyer linguists, given the length of the legal text.”

The European Union’s crypto regulation bill, set to be made law following some additional steps, contains a section that could impact many crypto influencers.

During her visit to the United States, the official highlighted the importance of a truly global regulatory effort.

Grayscale and Ripple against the SEC, Coin Center versus the Treasury — it’s a hot season in the U.S. courts.

The commissioner said Europe is watching U.S. securities regulation developments very closely, but Europe is not following the American lead in its attitude toward energy use.

In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage.