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 […]
Crypto.com achieves Irish VASP approval
Categories
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 […]
Bitcoin ETFs win SEC approval
Categories
US regulators have approved bitcoin ETFs, dramatically broadening access to the 15-year-old cryptocurrency, reports CoinDesk. The Securities and Exchange Commission on Wednesday declared effective key filings from the markets seeking to list the groundbreaking products. They will begin trading on Thursday (11/01/2024). About a dozen companies, including BlackRock, Fidelity and Grayscale, sought to create bitcoin […]
The Monetary Authority of Singapore (MAS) has introduced five additional industry pilots to Project Guardian to test various use cases around asset tokenisation, reports Cointelegraph. Project Guardian is a collaborative initiative led by Singapore’s central bank that seeks to develop new financial infrastructure using decentralised finance (DeFi) elements. The latest initiatives are aimed at developing […]
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 […]
The European Securities and Markets Authority (ESMA), the EU’s financial markets supervisory authority, has released an article on decentralised finance (DeFi) and the risks it poses to the EU market, reports Cointelegraph. In a 22-page report, the ESMA admits the promised benefits of DeFi, such as greater financial inclusion, the development of innovative financial products, […]