EU releases crypto-asset classification tools to help firms comply with MiCAR

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Announcements, News

EU regulators have issued new guidelines allowing relevant market participants to classify cryptocurrencies and digital assets under the Markets in Crypto-Assets Regulation (MiCAR), reports Cointelegraph. On 12 July, three European Supervisory Authorities — the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority — released a consultation […]

Central Bank of Ireland MiCAR Industry Briefing

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Announcements, News

The Central Bank of Ireland (CBI) held its Markets in Crypto-Assets Regulation (MiCAR) – Industry Briefing today, with a very well attended session. Addressed by Derville Rowland, Deputy Governor, Consumer and Investor Protection, she said that CBI’s commitment is to be clear, transparent, predictable, and open. The important pre-application phase is now open, and drawing […]

MiCA’s stablecoin regime and its remaining challenges

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Announcements, News

Chainalysis has produced the second article in a series on Markets in Crypto Assets Regulation (MiCAR) stablecoin regime and its remaining challenges. The articles asserts that MiCAR “represents a significant shift to a comprehensive regulatory framework including prudential and conduct requirements for both crypto asset issuers and crypto asset service providers (CASPs) within the EU. […]

Spain to adopt MiCA six months before deadline, citing investor protection

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Announcements

Spain has unveiled plans to reduce the transition period before the application of the Markets in Crypto Assets (MiCA) regulation, reports Coindesk. A recent publication from the government shows a meeting with the first vice president Nadia Calvino and Verena Ross, the President of the European Securities and Market Authority (ESMA) to bring the country’s […]

Markets in Crypto Assets Regulation public consultation

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Announcements

Minister for Finance Michael McGrath TD opened a public consultation on the exercise of national discretions contained within the Markets in Crypto Assets Regulation (MICAR) (EU) 2023/1114. The Markets in Crypto-Assets Regulation is the first European-level legislation introducing a harmonised and comprehensive framework for crypto-assets, covering issues from the offering to the public of crypto-assets […]

Central Bank of Ireland survey: Markets in Crypto-Assets Regulation

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Announcements

With the Markets in Crypto-Assets Regulation (MiCAR) in force since 29 June 2023, the Central Bank of Ireland is inviting firms to participate in a short survey to help it: The survey can be accessed here: https://centralbankofireland.qualtrics.com/jfe/form/SV_3fT3SAJrg5lYYJw The survey is aimed only at firms that intend to perform activities which will be regulated under MiCAR. […]