MiCA

European Union regulators are reportedly investigating OKX, a cryptocurrency exchange, over allegations its Web3 platform facilitated the laundering of $100 million linked to the Bybit hack.This DeFi platform from OKX is under…
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Kraken pulled out USDT and four other stablecoins in Europe to comply with EU MiCA laws.USDT will completely disappear on March 31, 2025. Crypto.com and Coinbase both took similar steps. Kraken announced a 128% year-over-year revenue…
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Starting tomorrow, Coinbase will implement restrictions on non-compliant stablecoins under MiCA, such as USDT, PAX, PYUSD, and DAI.Coinbase has begun informing its European clients that it will commence restricting stablecoins that do…
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Starting December 1, Coinbase will discontinue its USDC rewards program for users in the European Economic Area (EEA) in order to comply with the forthcoming Markets in Crypto-Assets (MiCA) regulation.EEA-based users are required to…
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The chief executive officer of Tether, Paolo Ardoino, has expressed concern over the new legislation that the European Union has implemented for the Market for Crypto Assets (MiCA), stating that it may create systemic risk rather than…
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The Markets in Crypto-Assets Regulation (MiCA) has been updated with new laws that have been released by the European Union. These regulations are intended to categorize digital assets and cryptocurrencies.The European Banking…
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Circle, a cryptocurrency company, has received sanctions from the MiCA to issue stablecoins in the European Union.Despite the recent expansion of Circle , it has yet to surpass Tether in terms of market capitalization. On the other…
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All European Union member states approved markets in Crypto-Assets (MiCA) legislation on May 16. It is the first complete set of regulations to govern crypto assets.Firms that want to produce, trade, and secure crypto assets, tokenized…
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The head of the Permanent Representatives Committee of the Council affirmed that the MiCA framework will pass if the European Parliament adopts its stance in the first reading.Representatives from a European Council committee have…
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