MiCA’s phased implementation is set to transform Europe’s crypto landscape! 🚀 With Titles III and IV—covering asset-referenced tokens (ARTs) and e-money tokens (EMTs)—becoming effective in June 2024, and the full framework rolling out by December 2024, the EU is preparing for a harmonized crypto future. This comprehensive framework enables cross-border crypto services under a unified set of rules, unlocking new potential for businesses across the region. 🌍💼 Embrace the future of finance with MiCA and see how Europe is setting the standard for crypto regulation! 🌐✨ Let's discuss! To know more: https://lnkd.in/dFFwuaZx #CryptoverseLegalConsultancy #MiCA2024 #CryptoEurope #CryptoRegulation #DigitalAssets #EUFinance #InnovationInCrypto #BlockchainEurope #CryptoCompliance #FutureOfFinance #MiCAFramework
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Dorota Zabłocka and Aleksandra Jagielska, together with Adrian Zduńczyk, CMT, will be speaking at the TNB Trading Congress, discussing a topic that has sparked significant interest in the crypto community: "From Chaos to Clarity: MiCA’s Role in Shaping the Crypto Industry." The discussion will cover: 1. Introduction to MiCA 2. Scope of MiCA 3. Taxation in the MiCA Era 4. Impact on traders/customers 5. Impacts on Web3 Projects and Token Issuers 6. Should Non-EU Customers Care? 📅 When? November 27 at 14:00 CET 📺 Join the live session here: https://lnkd.in/dd6EjnEf This is a must-watch for anyone looking to understand the future of crypto under MiCA regulation. #cryptoregulation #mica #web3 #cryptoIndustry #crypto
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"A mix of two worlds... where #centralised trust providers lead open-source #crypto projects" was one of the highlights discussed in Paolo Tasca's Keynote speech on Currency Competition at WEB3FEST in #Zurich today. Read more in his article on the Struggle for Currency Supremacy here: https://lnkd.in/dNK4yEwe Crypto Oasis I Crypto Valley Association I Inacta Ventures #trustproviders #opensource #currencycompetition Ralf Glabischnig
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What are the American and European perspectives on crypto assets regulations? Which challenges do the digital euro project and crypto space face? If you'd like to explore these questions and many more regarding digital assets and corresponding regulatory measures, watch the video of the 2nd day our online conference Lisbon, Law and Tech - Foundations of a New Economy: Digital Assets, Digital Euro, and Digital Wallets with Keir Finlow-Bates, João Vieira dos Santos, Frederico Antunes, Rui Serapicos and the moderation of Diogo Pereira Duarte. Watch here: https://lnkd.in/g4idrwxY #lisbonlawandtech #institutodeconhecimento #abreuadvogados #digitalassets #crypto
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🚀 Engage with ESMA's Latest Consultation on Crypto-Asset Regulation! 🚀 ESMA's latest consultation package (no. 3) seeks YOUR input on crucial mandates under MiCA. From preventing market abuse to defining suitability requirements, your insights matter! 📝 How to contribute: 1️⃣ Respond to specific questions outlined in Annex I 2️⃣ Submit clear rationale & suggest alternatives 3️⃣ Deadline: June 25, 2024 4️⃣ Online submissions at www.esma.europa.eu under 'Your input - Consultations' 🔍 Who should participate? Investors, crypto-asset issuers, service providers, market participants, and YOU! Let's shape the future of crypto-regulation together. 📚 Why it matters: MiCA regulations impact the entire crypto ecosystem. Your feedback ensures balanced and effective implementation. 🔍 Contents: Four sections (chapters 3-6) cover key mandates. Annex II includes draft RTS and guidelines. 📆 Next Steps: ESMA aims to close the consultation by legal deadlines. Feedback will shape the final report and technical standards, due for submission to the European Commission by December 2024. Let's make our voices heard! . . . . . #ESMA #MiCA #cryptoassets #regulation #consultation #investors #cryptocurrency #marketabuse #portfolio #management #securityprotocols #dataprotection #EU #EuropeanCommission #financialservices #cryptoindustry #blockchain #compliance #publicpolicy #stakeholders #feedback #EUlaw #financialregulation #transparency #dataprotection #marketparticipants #cryptoissuer #cryptoserviceproviders #MKFintechPartners
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The latest guidance from #FINMA on the issuance of #stablecoins has sparked a lot of discussion, but how does it stack up against the EU’s MiCA regulation? ☝️⚖️ Our Policy Expert Vyara Savova, LL.M., Ph.D.—to—be weighed in with Vixio Regulatory Intelligence, offering key insights into the structured regulatory environment for stablecoins under MiCA. Here’s what you need to know: ▶︎ MiCA vs. FINMA While FINMA focuses on classifying stablecoins under Swiss banking law, MiCA introduces a comprehensive regime for asset-referenced tokens and e-money tokens, emphasising sufficient reserves and detailed issuer obligations. ▶︎ Impact on Issuers MiCA requires strict identity verification and transaction monitoring, potentially raising operational costs but ensuring greater security and transparency. ▶︎ Future of Crypto in the EU MiCA may increase legal expenses for firms, but it also aims to create a more trustworthy digital finance landscape. Read the full article for an in-depth analysis, and let us know your thoughts! How do you think MiCA will define the future of stablecoins in the #EU? #CryptoRegulation #CryptoCompliance #Blockchain #MiCA #CryptoAssets
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G-7 Pushes for Tighter Global Crypto Regulations In a significant move towards global regulatory cohesion, the Group of Seven (G-7) industrialized nations have announced plans to implement stricter crypto regulations. The focus is on enhancing business transparency and bolstering consumer protection within the crypto industry. This initiative reflects a broader strategy aimed at creating a more secure and regulated global crypto market. As the crypto ecosystem continues to grow, the need for robust international regulatory standards becomes increasingly evident. By fostering a more transparent and consumer-friendly environment, these regulations aim to mitigate risks and support the sustainable growth of digital assets. This global regulatory push is a critical step towards achieving a more secure and trustworthy crypto market. For continuous updates on global regulatory developments and their implications, follow Vikara Capital. #Vikara #DigitalAssets #Web3 #Crypto #G7 #GlobalRegulation https://lnkd.in/gehrDGRJ
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MiCA: A New Era for Crypto in Europe As the EU's Markets in Crypto-Assets Regulation (MiCA) takes effect, crypto firms must navigate new regulatory landscapes. With new rules affecting stablecoins and crypto asset service providers, MiCA aims to bring legitimacy and regulatory clarity to the industry. Effective June 30, stablecoin regulations will kick in, followed by broader crypto regulations in December. While some non-compliant stablecoins may exit the EU market, increased regulatory protections could boost confidence among retail investors. This landmark legislation marks a significant step in establishing uniform market rules for crypto assets across the EU.
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🌐🔒 Crypto Regulation 2023 Recap 🔍💼 From the initial FUD in the aftermath of FTX's collapse, 2023 witnessed an unparalleled surge in global crypto regulations. Major highlights: EU's MiCA Legislation: A watershed moment shaping crypto in the EU. Global Licensing and Frameworks: Hong Kong, Singapore, South Korea, and Australia initiated or finalized robust regulatory structures. US Congressional Progress: Stablecoin and market structure bills advanced in the House Financial Services Committee. TRM Labs Insights: Regulatory Tightening: 80% of surveyed jurisdictions bolstered crypto regulations. Consumer Protection Measures: Almost half focused on enhancing consumer safeguards. Emerging Trends: Clarity and Consistency: A common theme with convergence toward certain standards. Impact on Illicit Finance: Regulatory maturity and private sector compliance reducing illicit activities. 📊 TRM Labs Analysis: Virtual asset service providers (VASPs) in fully regulated jurisdictions experienced lower illicit activity rates. As 2024 unfolds, this report anticipates further regulatory milestones, building on the transformative year in crypto policy. 🚀🌐 #CryptoRegulation #BlockchainPolicy #Crypto #FinTech2024
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The European Crypto Landscape: Regulation, Innovation, and Challenges - With Coinbase. The European cryptocurrency landscape is rapidly evolving, with new regulations, innovative projects, and unique challenges shaping its future. We speak with Come Prost-Boucle, French Country Manager for Coinbase, about the current state of crypto in Europe. A major focus of the discussion is the upcoming Markets in Crypto-Assets (MiCA) regulation. This regulatory framework aims to provide clarity and standardization across the European Union, potentially giving Europe an advantage over other regions in terms of crypto adoption and innovation. Boucle explains how Coinbase is preparing for these changes, including plans to restrict services for stablecoins that don't meet MiCA requirements. The conversation also covers the growing interest in tokenization and real-world assets (RWAs) in Europe. With the tokenized asset market expected to reach $16 trillion by 2030, this represents a significant opportunity for the crypto industry. Boucle explains how Coinbase is working to make crypto more accessible through improved user experiences, such as smart wallets and simplified onboarding processes. #web3 #coinbase #crypto
Could Coinbase Make Europe the Global Hub for Web3?
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Lots of interesting news coming out of Innovate Finance Global Summit hashtag #IFGS2024. One that grab our attention: The U.K. government is set to put forward legislation for stablecoins as well as for crypto staking, exchange and custody by June or July. This was stated by Economic Secretary Bim Afolami during his speech on Monday. Read all about it in this summary by Camomile Shumba for CoinDesk 👇 Innovate Finance Edward Doljanin Katerina Fernandes Marieke Flament Chris Ghent Min Teo #stablecoins #digitalcurrencies #ukcrypto https://lnkd.in/eVwDRzxs
UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says
coindesk.com
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