Bitcoin Bans Tightened by Banca d’Italia
Banca d’Italia mandates crypto firms to screen all transactions, eliminating minimum thresholds to prevent EU sanctions evasion, prioritizing blocking Russian actors over transfer speed. #Update #Legal
compliance
OFSI Sanctions Spotlight HTX Compliance
@HuobiGlobal S.A., operating as HTX, remains under scrutiny after UK sanctions designation linked to Russia; compliance implications significant for crypto firms. #Update #Legal
Binance Pursues EU License Amid MiCA Pressure
Binance seeks EU license under MiCA as deadline pressures exchanges; authorization allows passported services across Europe. #Update #Crypto
Bitgo Europe Launches MiCAR-Compliant Crypto Solution
@Bitgo Europe launches a MiCAR-compliant CaaS platform for EU VASPs, offering custody insurance up to $250M. Poland faces a 2026 deadline as Lithuania’s regime expired. #Update #Crypto
MiCA Deadline Challenges EU Crypto Exchanges
The EU’s MiCA regulation is now impacting crypto service providers, requiring licensing to continue operations in Europe, potentially altering user access and market dynamics. #Update #Legal
SEC Targets Binance in $5B Crackdown
France warns crypto firms of prosecution under MiCA; Coinbase and Kalshi introduce regulated perpetual futures in the U.S.; Japan pushes for yen stablecoins. #Update #Legal
SEC Bans Binance US Operations
Blockchain.com has confidentially filed for a U.S. IPO, signaling confidence in regulatory stability. ECB warns against euro stablecoin risks, highlighting policy divides with the U.S. #Update #Crypto
MiCA Unlocks Offshore Corporate Potential
MiCA Decoded reveals offshore structures can comply with EU regulations without full relocation, challenging previous assumptions about MiCA licensing requirements. #Update #Crypto
Bitcoin Regulation: MiCA vs VARA MAS
MiCA Decoded compares MiCA (EU), VARA (Dubai), and MAS (Singapore) crypto regulations, highlighting differences in licensing, capital requirements, and consumer protection. #Update #Crypto
MiCA Mistake: CASP License Limits Revealed
MiCA Decoded highlights that a CASP license doesn’t cover payment services or derivatives, requiring separate authorizations under PSD2 and MiFID II for full compliance. #Update #Regulation
Crypto License Warning: Nigeria SEC Demands Compliance
The Nigerian Securities and Exchange Commission (SEC) warns that some virtual asset service provider (VASP) license applicants fail to meet regulatory standards, urging compliance to avoid rejection. • #Update • #Legal • @SECGov • (+3) • →
USDT Compliance Questioned Amid EU Silence
@Tether’s $USDT not automatically MiCA-compliant as EU remains silent; MiCA ends Dec. 30, 2024, with an 18-month transition phase. #Update #Legal @Tether_to ↘ (-2)