Tag: MiCA
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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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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 ↗: 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 ↗: 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 ↗: 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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