Tagged: mica

Aave Labs to Launch On and Off-Ramping for Stablecoins with Central Bank of Ireland MiCA Approval

Aave Labs is reporting that it will soon roll out regulated on and off-ramping for its native stablecoin GHO and other stablecoins integrated into Aave Labs products across the European Economic Area via its service, called Push. This service is made possible by Push Virtual… Read More

Listed Crypto Exchange Safello Expands Into Finland

Crypto exchange Safello has announced its expansion into Finland, its first new market. Safello Group AB, has been listed on Nasdaq First North Growth Market since 2021. The company said that it would commence services in Finland before the end of the year. Safello is… Read More

Blockchain.com Gains MiCA License, Targets Growth in Europe

Blockchain.com revealed today that it had been approved under the European Markets in Crypto Assets (MiCA) regime to offer services across Europe. The company pursued the license via the Malta Financial Services Authority (MFSA). Blockchain.com is based in London but also has offices in Miami,… Read More

Revolut Obtains MiCA License to Introduce Crypto Services in Europe

Digital bank Revolut confirmed recently that it obtained regulatory approval from the CySEC – Cyprus Securities and Exchange Commission as part of the EU’s Markets in Crypto-Assets (MiCA) framework, enabling the UK-headquartered fintech company to provide digital asset services via 30 different European Economic Area… Read More

UK Crypto Industry Professional Shares Insights on FSB’s Digital Assets Regulations Report

The Financial Stability Board’s (FSB) had issued a warning this past week  about what it considers to be “significant gaps” in ongoing attempts to regulate the fast-evolving crypto markets. Nick Jones, Founder and CEO, Zumo, said that it’s worth noting the FSB has said financial… Read More

Nordic Challenger Bank Lunar Obtains MiCA License to Offer Digital Assets Services

European challenger bank Lunar recently announced that it has been authorized as a Crypto-Asset Service Provider (CASP) under the EU’s new Markets in Crypto-Assets (MiCA) regulation, making its crypto platform Lunar Block one of the “first” in Scandinavia to operate under this particular license. According… Read More

Chiliz Group Gains MiCA Approval in Europe

Young soccer player kicking a red ball during a match on a lush green field, showcasing youth sports and athletic activity.

Socios Europe Services Limited (SES), part of the Chiliz Group, has been granted authorisation as a Crypto-Asset Service Provider by the Malta Financial Services Authority (MFSA). This makes Socios Europe the first MiCA-authorised entity within the blockchain and sports sector.  MiCA applies to all EU… Read More

Germany: Digital Asset Custodian Tangany Raises €10 Million in Series A

Tangany, a  German digital asset custodian, has raised €10 million in Series A funding. Tangany is regulated by Bafin (the German securities regulator), and the company states it is preparing for Europe-wide expansion under EU MiCA rules. The funding was led by Baader Bank, Elevator Ventures… Read More

OKX Group Announces Consolidation of European Union Operations Under MiCA License

Digital assets firm OKX is streamlining their operations in the European Union. Following OKCoin Europe’s registration with the Malta Financial Services Authority (MFSA) as a crypto asset service provider (CASP) under the new EU MiCA regulation, OKCoin Europe Limited reports that it has now passported… Read More

The GENIUS Act will Bring Back Talent to the US

Punitive policies directed toward digital asset innovation compelled many entrepreneurs to flee the US during the Biden Administration. It is difficult to estimate the extent to which this myopic approach has undermined the Fintech sector in the country, but fortunately, the Trump Administration has embraced… Read More

Malta : MFSA Welcomes ESMA Peer Review on Crypto-Asset Service Provider Authorization and Supervision

The Malta Financial Services Authority (MFSA) welcomes the publication of the European Securities and Markets Authority (ESMA) Peer Review on Crypto-Asset Service Provider (CASP) Authorisation and Supervision, which confirms that overall, the MFSA is largely meeting expectations “with respect to the practical implementation of the… Read More

EU Regulator Warns Crypto Firms Not to Mislead on MiCA-Regulated Products

The European Securities and Markets Authority (ESMA) on Friday issued a warning to crypto-asset service providers (CASPs) across the European Union, cautioning them against misleading customers about which of their products fall under the bloc’s newly implemented crypto regulations. ESMA said some crypto firms have… Read More

EU Greenlights 53 Crypto Firms Under MiCA Regime in First Six Months

The European Union has authorized 53 crypto-related firms to operate under its landmark Markets in Crypto-Assets (MiCA) regulation, six months after the framework came into full effect. The approvals mark a major milestone in the bloc’s effort to establish a single, harmonized rulebook for digital… Read More

Web3 and Digital Assets Ecosystem in Europe Is Undergoing Transformative Shift, New Report Reveals

The web3 and cryptocurrency ecosystem in Europe is undergoing a transformative shift, as outlined in a new report released by Bitpanda. The Bitpanda report explores the region’s accelerating adoption of digital assets, the regulatory frameworks shaping the market, and the economic implications of this rapidly… Read More

Kraken Bolsters Global Operations with Irish Crypto License, Wyoming HQ

Kraken has recently made significant strides in expanding its regulatory footprint, operational strategy, and commitment to user education. The company secured a full Virtual Asset Service Provider (VASP) license from the Central Bank of Ireland, relocated its global headquarters to Wyoming, USA, and released findings… Read More

Malta Financial Services Authority (MFSA) Outlines Key Conduct Rules for Crypto Firms

The Malta Financial Services Authority (MFSA) held a recent session for Crypto-Asset Service Providers (CASPs) on MiCAR Requirements on Market Conduct and the MFSA Expectations. Organized within months from the granting of the first MiCA licences in Malta, the informative session “brought together several market… Read More

Coinbase Obtains Approval for Markets in Crypto-Assets (MiCA) License in Luxembourg

Coinbase (NASDAQ:COIN) has taken a step forward in the web3 and cryptocurrency sector with its recent approval for a Markets in Crypto-Assets (MiCA) license in Luxembourg. This authorization allows the U.S.-based exchange to expand its crypto services across all 27 European Union countries, marking a… Read More

France : AMF and ACPR Report on Insurance, Banking, Retail Investment Unveils Key Financial Regulation Developments

The Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Autorité des Marchés Financiers (AMF) Joint Unit for Insurance, Banking, and Retail Investment published its 2024 Annual Report, shedding light on the evolving landscape of financial regulation in France. Simultaneously, the AMF released research… Read More

GENIUS Act, MiCA, Bring Clarity to Web3

Web3 discussed federal regulations both in America and across the pond. Read more on MiCA and the GENIUS Act. Tokenization’s watershed moment “The GENIUS Act represents a watershed moment for RWA tokenization. While focused on stablecoins, this regulatory clarity creates the foundation for broader digital… Read More

Bitstamp Approved for Crypto Asset Service Provider (CASP) license Under MiCA

Bitstamp, a crypto exchange that claims to be the longest-running in the world, has gained a Crypto Asset Service Provider (CASP) license. The license means the company can operate under the EU’s Markets in Crypto-Assets (MiCA) regulation. The Commission de Surveillance du Secteur Financier (CSSF)… Read More

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