MiCA aims to regulate stablecoins but may inadvertently legitimize systemic risks as they integrate with traditional finance, prompting the Bank of England to propose caps on holdings. #Update #Crypto $USDC
Stablecoins face global regulatory scrutiny, with prohibitions on interest payments emerging in the U.S. and EU, potentially leading to circumvention through DeFi protocols. #Update #Crypto $USDC
@Coinbase and @Binance face expanded anti-money laundering checks by France’s Prudential Supervision and Resolution Authority, impacting their EU licensing prospects. Deadline for compliance is June 2025. #Update #Crypto $BNB
Nine major European banks, including @ING and @UniCredit, are launching a euro-denominated stablecoin under MiCA regulations, aiming for efficient cross-border payments by 2026. #Update #Crypto $EUR
Market regulators in France, Austria, and Italy urge the EU to strengthen crypto oversight under MiCA, citing enforcement discrepancies and proposing direct ESMA supervision for major providers. #Update #Crypto
@Bybit secures MiCA license in Austria, opening Vienna HQ and planning to hire 100+ employees, enhancing EU presence and compliance. #Update #Crypto (+6) ↗
Egrag Crypto predicts $XDC could surge 3,350% as bullish indicators align with the token’s chart, despite potential bearish risks from moving averages. #Update #Crypto $XDC (+4) ↗
@Binance will delist $USDT and eight other stablecoins in Europe due to non-compliance with EU’s MiCA regulations, effective March 31st. #Update #Legal $USDT (-6) ↘
CryptoSlate: @Tether_to highlights its Hadron platform and investment in @Quantoz amid USDT delistings under MiCA, emphasizing regulatory compliance and innovation. #Update #Crypto $USDT (-4) ↘
@cryptocom delists $USDT and nine other tokens to comply with MiCA regulations, offering users until March 31 to withdraw assets before automatic conversion. The move follows regulatory approval from the Malta Financial Services Authority. #Update #Legal $USDT (-4) ↘
The EU’s MiCA regulations boost euro-denominated stablecoins like Circle’s EURC, while Tether phases out its EURT due to compliance issues, JPMorgan reports. Tether invests in MiCA-compliant issuers to maintain EU presence. #Update #Legal $EURC (+6) ↗
European retail investors may face stricter data collection and potential crypto tax laws under the Markets in Crypto-Assets Regulation (MiCA), but it could still attract more investment despite overregulation concerns. • #Update • #Crypto • @Cointelegraph • (+3) • →
@MoonPay, @BitStaete, @ZBD, and @HiddenRoad secure MiCA licenses in the Netherlands, enabling EU-wide operations under new regulatory framework by Dutch Authority for Financial Markets (AFM) as of Dec. 30 • #Update • #Legal • @MoonPay • (+4) • ↗
The Markets in Crypto-Assets Regulation (MiCA) is now live across the European Union, marking a milestone for digital asset oversight with new rules for stablecoins and crypto services. • #Update • #Legal • @paddi_hansen • (+6)
