Tag: Crypto
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More ↗: DORA: How the EU Is Reshaping Digital Security in the Financial SectorDORA: How the EU Is Reshaping Digital Security in the Financial Sector
The Digital Operational Resilience Act (DORA) comes into effect on January 17, 2025, mandating EU financial institutions to enhance their digital resilience. It applies to…
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More ↗: European Banks Launch Their Own StablecoinEuropean Banks Launch Their Own Stablecoin
Nine major European banks are collaborating to create a euro-denominated stablecoin, set to launch in late 2026. This initiative aims to enhance Europe’s digital finance…
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More ↗: UK and US Align on Digital Asset RegulationUK and US Align on Digital Asset Regulation
The UK and US are enhancing cooperation on digital asset regulation to harmonize standards for stablecoins and related financial services. This initiative aims to reduce…
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More ↗: EU Countries Challenge Licensing Loophole Under MiCAEU Countries Challenge Licensing Loophole Under MiCA
A coalition of EU countries has raised concerns about the MiCA framework’s passporting system, allowing firms licensed in lax jurisdictions to operate in stricter ones.…
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More ↗: UK Softens Regulations for Digital Asset FirmsUK Softens Regulations for Digital Asset Firms
🇬🇧 UK Softens Regulations for Digital Asset Firms FCA proposes lifting some regulatory requirements, opening new opportunities for businesses The UK’s financial regulator, the FCA,…
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More ↗: Cryptocurrency accounting and taxation in EuropeCryptocurrency accounting and taxation in Europe
Cryptocurrency has become integral to Europe’s finance, but it brings challenges in taxation and regulation. Tax applies to transactions beyond just selling, with the MiCA…
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More ↗: U.S. Senate: Key Changes in the Context of Virtual AssetsU.S. Senate: Key Changes in the Context of Virtual Assets
The U.S. Senate’s updated draft law on cryptocurrency introduces new regulations for staking, airdrops, and decentralized finance (DeFi). It aims to protect developers, clarify asset…
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More ↗: Weekly Recap by FINANCEIQ HUB LTDWeekly Recap by FINANCEIQ HUB LTD
U.S. regulators SEC and CFTC have issued joint guidance on digital asset exchanges, establishing regulatory frameworks and harmonization efforts. Abu Dhabi’s GFO-X gains approval as…
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More ↗: Gemini Secures MiCA License in MaltaGemini Secures MiCA License in Malta
Gemini has acquired a MiCA license from Malta’s MFSA, enabling full regulatory access in the EU. This license complements its earlier MiFID II approval, enhancing…
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More ↗: MiCA Requirements Officially Issued for Bulgarian VASPsMiCA Requirements Officially Issued for Bulgarian VASPs
The Bulgarian Financial Supervision Commission has issued letters to local Virtual Asset Service Providers (VASPs), marking the start of the MiCA licensing implementation. Companies must…
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