AllUnity, the joint venture created by DWS, Flow Traders, and Galaxy, has put into circulation "USDAU," a "stablecoin" denominated in US dollars that complies with the European regulation on crypto assets (MiCA) and is backed by reserves in this currency, according to the company in a statement.The "stablecoin" has been...
The European Banking Authority (EBA, for its initials in English) has urged the European Commission to strengthen the Markets in Crypto-Assets Regulation (MiCA). In particular, it calls for adjustments in the part related to the risks associated with 'stablecoin' schemes with multiple issuers and for the specific regulation of lending...
Cryptopocket has achieved MiCA (Markets in Crypto-Assets) authorization from the National Securities Market Commission (CNMV), a permit that allows it to integrate into the European register of crypto-asset service providers of the European Securities and Markets Authority (ESMA) and operate with a European passport in the member states of the...
The Spanish Association of Financial Advisors and Planners (EFPA España) has strengthened its training catalog with the launch of the Micro-credential in European Regulation of Crypto-assets (MiCA).This new training pathway is designed to provide financial advisory professionals with a practical and up-to-date approach to the European regulatory framework for digital...
Binance calculates that around 70% of the funds that left the platform after the end of the transitional period of the Markets in Crypto-Assets Regulation (MiCA), on July 1, would have been transferred to self-custody wallets "instead of to entities regulated under MiCA"."Users are simply moving their activity to other...
The Catalan crypto-asset platform Venga has obtained the MiCA license granted by the National Securities Market Commission (CNMV), which allows it to operate as a crypto-asset service provider under the new European regulatory framework. With this permit, the company becomes the 15th firm in Spain to receive this specific authorization.Thanks...
The transitional period of the Regulation on Markets in Crypto-assets (MiCA) comes to an end this Wednesday, July 1, and from that date, only companies with the relevant authorization will be able to continue offering their services in the region.According to data from the 'exchange' platform Kraken, of the more...
Bit2Me has received authorization from the Bank of Spain that allows it to offer payment services based on electronic money tokens ("EMT").Thanks to this license, Bit2Me will have the possibility to incorporate payment solutions supported by EMT into its ecosystem, making it easier to use regulated 'stablecoins' in payments, transfers,...
Iqana has received MiCA ("Markets in Crypto-Assets") authorization to carry out discretionary management of crypto-asset portfolios, as the firm itself has communicated in an informative note.The supervisor's green light comes just in the final stretch before July 1, the day on which the transitional period set by the MiCA Regulation...
The cryptocurrency exchange platform Binance has begun to inform its users in the European Union that next week it will stop offering certain services, coinciding with the end of the transitional period set for July 1, the date from which 'crypto' operators must have authorization from the European Securities and...
The cryptocurrency exchange platform Binance has opted to withdraw its license application before the Hellenic Capital Market Commission (HCMC) of Greece under the Markets in Crypto-Assets Regulation (MiCA), due to the blocking of the file, and has communicated that it will initiate the process in another member state of the...
The European Securities and Markets Authority (ESMA) has urged crypto-asset service providers that are still operating without authorization to cease their activity "in an orderly manner" once the transitional period of the Markets in Crypto-Assets Regulation (MiCA) concludes, which ends on July 1st.The European supervisor specifies that, although some of...
The National Securities Market Commission (CNMV) has warned that, as of July 1, only entities with the corresponding authorization will be able to benefit from the protection provided for in the regulation on crypto-asset markets (MiCA regulation), at which point the regulation will begin to be fully applied.In an informative...
Renta 4 Banco has launched its own platform for the direct purchase and sale and custody of cryptocurrencies, a service that is already operational for all its clients both on the entity's website and in the 'app', as the bank communicated this Wednesday.In this first phase, the tool offers access...
The persistence of inflation, the growing financial squeeze on households, and the rapid implementation of European regulation MiCA are strongly driving demand for institutional cryptocurrency services in Spain, according to a report by Crypto Finance, a company integrated into the Deutsche Börse Group.The company emphasizes that the macroeconomic events recorded...
The National Securities Market Commission (CNMV) has informed Tritemius Capital that it does not see any legal obstacles for a venture capital fund to allocate part of its resources to alternative financing instruments, such as tokens issued specifically to support business projects, provided that these assets comply with the European...