Paradigm calls on European markets regulator to show nuance regarding MEV
The venture capitalist firm said ESMA’s approach to crypto market abuse could be a disaster for the industry without suggesting any better ideas. Go to Source
MiCA
Auto Added by WPeMatico
MiCA laws come into effect in Europe — Here’s what you need to know
The EU’s Markets in Crypto-Assets Regulation (MiCA) introduces new rules for the cryptocurrency industry, which will affect stablecoins and crypto asset service providers. Go to Source
SEC drops investigation into Ethereum: Law Decoded
A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees. Go to Source
Italian gov’t to ramp up surveillance of crypto market
The latest draft policy stipulated fines between 5,000 – 5 million euros ($5,400-$5.4 million) for market manipulation and other financial crimes. Go to Source
Crypto Exchanges Brace for EU’s MiCA Rules: Stablecoins Delisted by Uphold, Binance
This month, several cryptocurrency exchanges are delisting certain stablecoins to align with the European Union’s Markets in Crypto-Assets (MiCA) regulations, which establish more stringent rules for fiat-backed and algorithmic stablecoins in the European Economic Area (EEA). Uphold announced it will delist a selection of stablecoins on July 1, and Binance has recently removed stablecoin funding … Read more
Uphold to delist USDT and 5 stablecoins by July 1, citing MiCA
Apart from Uphold, other major crypto exchanges, including Binance, Kraken and OKX, also tweaked their stablecoin listing policies to comply with MiCA regulations. Go to Source
MiCA regulation takes shape under EBA’s newest guidelines
The European Banking Authority has introduced a series of technical standards and guidelines for token issuers as MiCA implementation moves forward. Go to Source
Binance Announces Restrictions on Unauthorized Stablecoins in EU to Comply With MiCA Regulations
Crypto exchange Binance announced Monday its strategy to comply with the forthcoming Markets in Crypto Assets Regulation (MiCA) stablecoin rules, set to take effect on June 30 across the European Economic Area (EEA). These regulations will restrict the issuance and offering of stablecoins to regulated companies, categorizing them as “Regulated Stablecoins.” Binance will make phased … Read more
Binance France changes ownership following regulator warning
Former CEO Changpeng Zhao cannot be Binance’s beneficiary if it wants to keep its French license. Go to Source
ESMA labels MEV as ‘market abuse’ in latest regulatory consultation paper
The European Union’s Securities and Markets Authority has recommended treating miner-extracted value (MEV) as a form of market abuse under the MiCA regulatory framework. Go to Source
