Hungary’s new rules leave crypto investors holding—but unable to legally trade—assets, as unlicensed activity now risks a five-year prison term.
The European Securities and Markets Authority (ESMA) has raised red flags over Malta’s handling of license approvals under the EU’s Markets in Crypto-Assets (MiCA) regulation. In a peer review report released on July 10, ESMA highlighted deficiencies in how the Malta Financial Services Authority (MFSA) approved a recent crypto asset service provider (CASP), urging tighter […]
The post European watchdog warns of ‘inadequate’ Malta crypto licensing for MiCA regulations appeared first on CryptoSlate.
ESMA questioned the timing of the authorization of a certain “CASP entity” where “material issues remained unresolved or pending remediation at the time of the authorisation.”
More than 50 institutions, including major stablecoin issuers and crypto service providers, have received regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework within the first six months of the regulation. On July 7, Circle executive Patrick Hansen shared new data from the European Securities and Markets Authority (ESMA), revealing that 53 entities […]
The post EU grants MiCA licenses to 53 crypto firms, Tether and Binance left behind appeared first on CryptoSlate.
Paxos USDG will have a significant impact in the EU's regulated stablecoin markets, offering an alternative to USDC and others for 450 million residents.
Some people think Malta is nimble and innovative when it comes to regulation. But others see a fast track to regulatory arbitrage.
Coinbase and Kraken were also recently granted MiCA licenses; Gemini is said to be in the final stages of getting one from Malta.
The company joins Kraken, Coinbase and Bybit who have also received MiCA licenses to operate in Europe.
Kraken will now be able to offer crypto services across the 30 countries in the European Economic Area
Coinbase, the largest US-based exchange, has taken a major step in its global expansion by securing approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation, according to a June 20 statement. The exchange confirmed that Luxembourg’s financial watchdog, the Commission de Surveillance du Secteur Financier (CSSF), granted it the necessary license to operate across the […]
The post Coinbase secures MiCA approval, shifts headquarters to Luxembourg appeared first on CryptoSlate.
Coinbase joins other major exchanges like Bybit, OKX and Crypto.com in being able to operate across the European Union.
Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Unlike the Coinbases, Fidelities, and Galaxies of the crypto world that frequently make the headlines, core infrastructure providers quietly building out the rails of […]
The post The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption appeared first on CryptoSlate.
Crypto exchange Bybit has received regulatory approval under the European Union’s Markets in Crypto-Assets (MiCA) framework from Austria’s Financial Market Authority (FMA), according to a statement issued on May 29. This license enables the platform to offer digital asset services across all 30 European Economic Area (EEA) countries. Bybit plans to make Austria the hub […]
The post Bybit earns MiCA license as hackers keep $644M from its $1.4B exploit out of reach appeared first on CryptoSlate.
Bybit has been granted a MiCA license in Austria, according to Austria regulator FMA’s website.
XRP analyst Egrag Crypto, who is well-known for offering bullish predictions about the altcoin, has now drawn the crypto community’s attention to another altcoin, XDC. The analyst predicts this crypto token could also witness a remarkable surge and enjoy up to a 3,350% gain as bullish metrics emerge. XDC To Rally To $2 As Indicators Turn Bullish In an X post, Egrag Crypto stated that XDC will rally to $1 and then easily surge to $2. This came as he remarked that the altcoin’s chart looks “amazing.” First, the XRP analyst noted that the RGB (Red-Green-Blue) indicators perfectly align with the XDC token. Based on this, he asserted that the next move for the altcoin could be a 10x pump. Related Reading: Fartcoin Reaches Critical Make-Or-Break Level: Analyst Reveals What Could Happen From $0.77 This XDC price surge is expected to target the Fibonacci levels between 1.414 and 1.618, rallying to between $0.50 and $0.80. The XRP analyst remarked that this is still below the previous cycle’s blow-off top, when the token soared by 3,350%. He expects XDC to replicate this explosive move, potentially surging to the $2 target. The XRP analyst alluded to the Stochastic Relative Strength Index (SRSI) as another bullish indicator. He revealed that the SRSI is waving bullish signals. The analyst admitted that there is still a long road for XDC to reach and sustain RSI levels above 80, but claimed that the momentum is definitely on the bulls’ side. In line with this, Egrag Crypto asserted that big moves could just be around for the altcoin. The Bearish Angle For The Altcoin The XRP analyst also provided a bearish angle for the XDC price. He revealed that the 21 Exponential Moving Average (EMA) is on the verge of crossing below the 33 Moving Average. If that happens, the analyst warned that it could turn super bearish. Related Reading: Altcoin Season In Danger If Bitcoin Dominance Closes April Above This Level However, he added that this crossover will most likely be avoided and that there could be a blow-off top before the inevitable retracement. The analyst also urged market participants to be attentive as the sharp move higher would come unexpectedly before a big crash to the downside. From a fundamental perspective, XDC’s outlook also looks bullish. The XDC network just officially joined the MiCA alliance, which is a major step forward in aligning blockchain innovation with regulatory clarity in Europe. The team stated that the network is deeply committed to compliance, transparency, and building long-term trust. Like Ripple’s offering using XRP for cross-border payments, XDC is a layer-1 that offers real-world applications like trade finance, cross-border payments, and RWA tokenization. At the time of writing, the XDC price is trading at around $0.07, up over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com
US-based Gemini has received a Markets in Financial Instruments Directive (MiFID) II license from the Malta Financial Services Authority (MFSA), according to a May 9 statement shared with CryptoSlate. This allows the exchange to offer regulated crypto derivatives across the European Union (EU) and European Economic Area (EEA). With the license, the exchange can begin […]
The post Gemini secures license to expand EU crypto derivatives offerings appeared first on CryptoSlate.
Paolo Ardoino criticizes EU rules that could force stablecoin issuers to rely on fragile banks and warned about potential bank failures in the future.
The European Central Bank said U.S. support for crypto could result in damage to the European Union's financial stability.
The European Central Bank (ECB) has reportedly raised alarms over the possible consequences of US President Donald Trump’s crypto-friendly stance, Politico reported on April 22, citing a policy paper. According to the report, the ECB highlighted the potential ripple effects of US stablecoin legislation as a key risk factor that could expose the bloc to market […]
The post European Central Bank wary of US stablecoin influence despite EU’s MiCA safeguards appeared first on CryptoSlate.
One hundred days after the Markets in Crypto-Assets (MiCA) framework took effect, most of the crypto industry is still racing to catch up. On April 14, Circle’s executive Patrick Hansen, citing data from the European Securities and Markets Authority (ESMA), reported that only 11 stablecoin issuers and 15 crypto-asset service providers (CASPs) had received authorization. […]
The post MiCA’s first 100 days leave most crypto firms behind, here’s who qualified appeared first on CryptoSlate.
Crypto exchanges and wallet apps must meet EU's MiCA licensing rules to advertise in Google's platforms in 27 countries.
Under a proposal, certain crypto transactions would be taxed at the country’s standard 18% rate, as well as an extra 5% levy to support the country’s war costs.
Clearstream, a subsidiary of Deutsche Börse, is set to launch crypto custody services for institutional clients. Deutsche Börse is Europe’s third-largest stock exchange. The company announced this development on March 11, marking a significant step in its expansion into digital assets. According to the statement, the service will initially support Bitcoin and Ethereum, with plans […]
The post German stock exchange Deutsche Börse to launch crypto custody with new Clearstream service appeared first on CryptoSlate.
Banco Bilbao Vizcaya Argentaria (BBVA), Spain’s second-largest bank, has secured regulatory approval from the Spanish Securities and Exchange Commission (CNMV) to offer crypto services in the country. According to a March 10 statement, BBVA can now offer custody and execution services for crypto trading, providing its clients with regulated access to digital assets. Initially, users […]
The post BBVA bank gains approval to offer crypto trading in Spain appeared first on CryptoSlate.
BBVA had been working on allowing crypto trading services since 2020.
Binance will delist trading pairs for nine stablecoins in the European Economic Area (EEA) by March 31, according to a March 3 statement. According to the exchange, this decision aligns with its efforts to comply with the European Union’s Markets in Crypto-Assets (MiCA) framework, which introduces stricter regulations for digital assets. Binance delists Tether and […]
The post Binance to delist 9 stablecoins including USDT for Europe in MiCA win for Circle’s USDC appeared first on CryptoSlate.
The approval allows the trading platform to expand its digital asset offerings across all 30 European Economic Area countries.
Bybit CEO Ben Zhou has confirmed that the crypto exchange is no longer on the blacklist of France’s financial regulator, the Autorité des Marchés Financiers (AMF). This follows over two years of engagement with the regulator to address compliance concerns. In a Feb. 14 post on X, Zhou said: “After more than 2 years of […]
The post Bybit removed from AMF blacklist, eyes MiCA compliance for EU growth appeared first on CryptoSlate.
Crypto.com has officially launched its crypto asset services across all European Economic Area (EEA) states, according to a Feb. 12 X post. The exchange stated: “Crypto.com is proud to confirm from today it can provide crypto asset services cross border to all EEA Member States We look forward to raising our brand profile in vital […]
The post Crypto.com obtains new MiCA license to officially service European customers appeared first on CryptoSlate.
Gemini has secured in-principle approval from Malta’s financial regulator for an investment firm license, marking a significant step in its European expansion, according to a Feb. 11 statement shared with CryptoSlate. This Malta Financial Services Authority (MFSA) approval moves the exchange closer to offering regulated crypto services across the European Economic Area (EEA). European expansion […]
The post Gemini joins Europe’s crypto race with Malta’s regulatory approval appeared first on CryptoSlate.