Tag: MiCA
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More ↗: THE EUROPEAN UNION INTRODUCES A SINGLE CASH TRANSACTION LIMIT STARTING IN 2027THE EUROPEAN UNION INTRODUCES A SINGLE CASH TRANSACTION LIMIT STARTING IN 2027
Starting July 10, 2027, the European Union will enforce a cash transaction limit of €10,000 across all member states to combat money laundering and terrorist…
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More ↗: Cyprus Introduces 8% Tax on Digital Asset ProfitsCyprus Introduces 8% Tax on Digital Asset Profits
Cyprus is set to implement an 8% tax on profits from digital asset transactions, focusing on net gains rather than gross volumes, starting January 1,…
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More ↗: Finland Launches a New Stage of Cryptocurrency ControlFinland Launches a New Stage of Cryptocurrency Control
Finland will implement the Crypto-Asset Reporting Framework (CARF) in 2026, requiring crypto-asset service providers to report extensive client and transaction information to tax authorities. This…
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More ↗: 🇵🇱 Poland on the Final Stretch Towards MiCA Implementation🇵🇱 Poland on the Final Stretch Towards MiCA Implementation
Poland’s Sejm has adopted a revised law for executing the EU’s MiCA Regulation, slated for presidential approval by November 28, 2025. Polish VASPs must prepare…
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More ↗: The EU plans to place CASPs and financial infrastructure under centralized oversightThe EU plans to place CASPs and financial infrastructure under centralized oversight
The European Commission is implementing a centralized supervisory mechanism for key financial infrastructure, including virtual asset service providers. This aims to unify regulations across EU…
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More ↗: The Central Bank of Ireland fines Coinbase Europe Limited €21.5 millionThe Central Bank of Ireland fines Coinbase Europe Limited €21.5 million
The Central Bank of Ireland has fined Coinbase Europe Limited €21.5 million for significant anti-money laundering violations, marking the largest penalty in EU virtual asset…
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More ↗: WEEKLY RECAP by FinanceIQ HubWEEKLY RECAP by FinanceIQ Hub
The European Commission is proposing a unified financial oversight framework to regulate digital assets, aiming to improve compliance and transparency. Meanwhile, U.S. regulators are refining…
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More ↗: Revolut Expands Its Presence: Licenses in the EU, Asia, and Latin AmericaRevolut Expands Its Presence: Licenses in the EU, Asia, and Latin America
Revolut is expanding globally by securing licenses for virtual asset operations in the EU, Asia, and Latin America. It has received licensing approval from authorities…
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More ↗: Polish Government Approves Virtual Assets LawPolish Government Approves Virtual Assets Law
The Polish government has approved a new virtual assets law aligned with the EU’s MiCA framework, imposing stricter regulations on businesses. All Virtual Asset Service…
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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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