In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage.
European Parliament Committee passes MiCA crypto framework in landslide vote
Members of the committee passed the crypto framework policy in a vote of 28 in favor and one against, with a final vote expected with the full Parliament soon.
EU Council approves MiCA text, proposal moves to Parliament for vote
The Council’s Permanent Representatives’ Committee chair confirmed that the MiCA framework would go through “should the European Parliament adopt its position at first reading.”
MiCA is already stifling stablecoin adoption in the EU
The Markets in Crypto-Assets framework stands to get in the way of Circle’s Euro Coin and other digital assets. Policymakers should revise the proposal.
Regulators across the ocean discuss stablecoins and MiCa at joint forum
The representatives of key regulatory bodies on both sides of the Atlantic have met to exchange their experiences.
Terra crash highlights stablecoin risk to financial stability: ECB
A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn’t fit for use in the real economy.
Belgian regulator reviews crypto asset classifications while awaiting harmonization
The Belgian Financial Services and Markets Authority created a chart to differentiate crypto asset securities, investment instruments and financial instruments.
ECB officials prepare for ‘harmonization’ of crypto regulations: Report
Regulators from 19 EU member states will reportedly attend a supervisory board meeting in July to discuss MiCA and its possible implementation.
EU agrees on MiCA regulation to crack down on crypto and stablecoins
“Europe’s upcoming crypto-assets policy framework will be to crypto what GDPR was to privacy,” says Circle chief strategy officer Dante Disparte.
Emmanuel Macron on crypto: ‘I don’t believe in a self-regulated financial sector’
In an interview, the sitting French president voiced his support for MiCA regulation and the digital euro project.
‘Let’s build a Europe where Web3 can flourish:’ Crypto companies sign an open letter to EU regulators
Industry representatives call the authorities not to go beyond the scope of the FATF Travel Rule recommendation.