StoneX Digital International Limited, a subsidiary of StoneX Group Inc., has been approved by the Central Bank of Ireland, as a Virtual Asset Service Provider (VASP) to operate a digital asset business. The company said its StoneX Digital platform will provide execution and custody services, offering deep liquidity and flexible trading tools with multiple API […]
The Minister for Finance has signed the Statutory Instrument which gives effect to EU regulation on Markets in Crypto-Assets Regulation (MiCAR). Statutory Instrument No 607 of 2024, European Union (Markets in Crypto-Assets) Regulations 2024 – 2024/01986 designates the Central Bank of Ireland (CBI) as the National Competent Authority, as well as outlining the administrative […]
Europe’s forthcoming regulatory framework will introduce banking concerns for stablecoin issuers that could threaten the stability of the broader crypto space, according to Paulo Ardoino. The Markets in Crypto-Assets Regulation (MiCA) is the first comprehensive regulatory framework for the crypto industry and is set to go into full effect on 30 December. Under MiCA, stablecoin […]
The Central Bank of Ireland has announced the theme for the upcoming Innovation Sandbox Programme. The theme is Combatting financial crime: Through the use of innovative technology, foster and develop solutions that minimise fraud, enhance KYC/AML/CFT frameworks, and improve day to day transaction security for consumers. On its updated web page, the CBI said ” as […]
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 […]
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 […]
William Fry, in association with Blockhain Ireland, will be holding a webinar on Tuesday 23 July at 09:00 to discuss Securing Authorisation as a Crypto Asset Service Provider. With the Markets in Crypto Assets Regulation (MiCAR) comming into force, as well as many other condsiderations in the field, expert advisors will speak about what businesses […]
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. […]
Date and Time: Wed, 19 Jun 18:30 – 20:30 Location: Dogpatch Labs, Custom House Quay Dublin 1 How can you navigate the growing list of regulations as a startup? During this in-person after-work event, we will discover how web3 businesses can innovate in the Irish and European regulatory environment. Our panel will share their experiences […]
The Central Bank of Ireland has awarded Virtual Asset Service Provider (VASP) approval to crypto exchange Crypto.com. The company with more than 100 million customers worldwide and a leader in regulatory compliance, security and privacy, said the approval follows a thorough review of Crypto.com’s commitment to compliance, including its anti-money laundering and combating the financing […]
The Central Bank of Ireland’s Innovation Hub has launched a new web site, with new media for engagement. The CBI Innovation Hub describes it as “the first in a number of changes being rolled out as identified in the recent Consultation Paper 156 and is designed to be a much better user experience & provide […]
Ripple’s move to launch its own stablecoin could add further legitimacy to the stablecoin landscape, according to Tether CEO Paolo Ardoino, reports Cointelegraph. Speaking to Cointelegraph during Paris Blockchain Week, Ardoino said the stablecoin ecosystem needs healthy competition between big players to further legitimize the utility of fiat-backed tokens in the eyes of regulators. “First […]