MiCA

Highlights: The President of the ECB urges EU and non-EU stablecoin issuers to follow strict reserve rules. Weak oversight and mixed issuances could create loopholes, increasing investor redemption risks. Global stablecoin developments, including the U.S., EU, and China, raise financial […]

Highlights: Before MiCA, OKX received a fine of 2.6M in the Netherlands because of providing unregistered services. The penalty applies to activities conducted between July 2023 and August 2024. OKX has also received a license under MiCA and remains active […]

Highlights: CoinShares secures MiCA license from France’s AMF, expanding regulated services across the EU. The license enables crypto portfolio services across the EU’s €33 trillion asset market. CoinShares now operates in eight EU countries, expanding institutional crypto access. CoinShares has […]

Highlights: Ripple has applied for an EMI license in Luxembourg to expand the RLUSD stablecoin. The banking network in Luxembourg promotes the RLUSD stablecoin to comply with EU rules regarding reserves. RLUSD has seen strong traction, with over $500M in […]

Highlights: Fifty-three crypto firms gain full approval under the EU’s MiCA regulation. Tether and Binance failed to meet compliance and missed licensing. MiCA licenses enable cross-border services in 30 European nations. The European Union has granted regulatory approval to 53 […]

Highlights: BaFin has granted AllUnity the EMI license to launch EURAU euro stablecoin. EURAU is 100% collateralized and MiCAR-compliant for institutional use. Flow Traders will aid the liquidity, whereas Galaxy and DWS will promote adoption. AllUnity has obtained a BaFin […]

Highlights: Bitvavo has obtained a MiCA license to conduct business in all EU member states. The MiCA framework provides uniform crypto regulations, boosting market stability. This regulatory milestone will reinforce Bitvavo’s position as a leader in the European market. Bitvavo, […]

Highlights: Coinbase has acquired complete MiCA authorization through the Luxembourg CSSF regulator. The license will give access to the 27 member states of the EU. Luxembourg takes the position of Ireland as a formal EU hub of Coinbase. The financial […]

Highlights: OKX has launched licensed exchanges in Germany and Poland to expand its presence in Europe. The launch follows approval of a license by the recently introduced MiCA laws. OKX is facing legal issues in the US and Thailand but […]

Highlights: Bitstamp has secured a CASP license from Luxembourg’s CSSF under EU MiCA regulations. Trading, custody, and order execution services are available in all EU and EEA countries with the license. The company is making steps to offer more services […]

Highlights: Visa brings stablecoin payments to Latin America with support from Bridge and Lead Bank for easy card use. Users pay with stablecoins while merchants receive local currency without handling crypto directly. Visa will introduce the card services to other […]

Highlights: OKX was fined $1.2M by Malta for past anti-money laundering breaches. FIAU flagged OKX’s onboarding, monitoring, and risk assessment failures. OKX recently improved compliance and hired a new legal officer amid regulatory scrutiny. Malta’s Financial Intelligence Analysis Unit (FIAU) […]