
Non-compliant stablecoins listed on Canadian-registered crypto platforms will be required to be delisted by Dec. 31, 2024.
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In June, Binance was ordered to halt its services in Belgium “with immediate effect,” leading to the exchange redirecting Belgian users to its Binance Poland entity.
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European Union Council finance ministers vote to adopt the continent’s Markets in Crypto-Assets legislation following unanimous approval of new legal frameworks.
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France’s financial regulator is weighing up “fast track” options for registered firms so they can be compliant with MiCA rules as soon as possible.
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The legislation was one of several laws designed to combat money laundering and terrorist financing, receiving 99 votes in favor, eight votes against and six abstentions.
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The bill was passed with a vote of 109 in favor and 71 against and will now rely on the approval of president Emmanuel Macron to be signed into law.
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The European Union’s Markets in Crypto-Assets legislation could create an easier environment for exchanges to operate in, according to Binance’s VP of Europe.
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