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Private Credit Tokenization Hits $650 Million Monthly, Setting A New Benchmark
Friday, December 6, 2024 - 10:57am | 619The private credit market is witnessing a transformation as blockchain technology enables tokenization at an unprecedented pace. Provenance Blockchain Labs, led by CEO Anthony Moro, is driving this shift by facilitating the tokenization of home equity lines of credit (HELOCs). According to Moro,...
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As MiCA Compliance Deadline Approaches, Will European Crypto Exchanges Face Enforcement Risks?
Tuesday, November 19, 2024 - 3:25pm | 593The European Union's Markets in Crypto-Assets (MiCA) regulation is set for full implementation by December 2024, placing pressure on crypto exchanges and asset providers to meet stringent new standards. Ahead of her appearance at the upcoming Benzinga Future of Digital Assets event, Sandra Ro, CEO...
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Crypto Exchange Gemini Launches Services In France Following Regulatory Approval
Tuesday, November 19, 2024 - 8:35am | 493Crypto exchange Gemini on Tuesday announced it has launched its services in France, following the company's earlier registration as a Virtual Asset Service Provider (VASP) in the country, aligning with France's growing crypto adoption and regulatory support. What Happened: French users can now...
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MiCA Regulation Expected To Drive Institutional Interest In European Crypto Market
Thursday, November 14, 2024 - 11:53am | 452The European Union's Markets in Crypto-Assets (MiCA) regulation, set for full implementation by December, is expected to provide a structured framework that could reshape the European crypto landscape. Adam Guren, founder and chief investment officer of Hunting Hill Global Capital, sees MiCA as a...
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As MiCA Nears Full Adoption, Could Europe Become World's Web3 Destination?
Tuesday, November 5, 2024 - 10:16am | 553Anthony Moro, CEO of Provenance Blockchain Labs, shared his thoughts on the European Union's forthcoming Markets in Crypto-Assets (MiCA) regulation, which is set to be fully adopted by December 2024. According to Moro, MiCA's structured regulatory framework could enhance the accessibility and...
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MiCA Regulation Could Reshape Europe's Crypto Market, Says Industry Executive
Thursday, October 31, 2024 - 10:33am | 510The upcoming implementation of the European Union's Markets in Crypto-Assets (MiCA) regulation is set to reshape the digital asset market in Europe. As the December 2024 deadline approaches, questions about how these new rules will affect crypto exchanges and the broader market are emerging....
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ESMA Pushes For Stronger Crypto Regulations Under MiCA Framework
Thursday, October 17, 2024 - 7:13am | 694The European Securities and Markets Authority (ESMA) is calling for modifications to the European Union's Markets in Crypto-Assets Regulation (MiCA), expressing concerns over the framework's current structure. ESMA on Oct. 16 issued an official opinion urging the European Commission to pursue...
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France Encourages Crypto: Circle Registers For Digital Asset Services Provider, Coinbase As Virtual Asset Services Provider
Thursday, December 21, 2023 - 4:31pm | 474To attract more crypto companies to France, the government made two moves to open borders and take advantage of the clarity in industry regulations. What Happened: Circle received conditional registration as a digital asset service provider from the Financial Markets Authority (AMF) of France....
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Robinhood Debuts Crypto App In Europe With Free Commissions, Loyalty Program, Bitcoin Cashback
Thursday, December 7, 2023 - 11:07am | 558Robinhood Markets Inc. (NASDAQ: HOOD) is expanding its reach in the European Union by introducing its commission-free cryptocurrency trading service. This move comes just a week after the company launched its stock trading services in the UK. Starting Thursday, the app will enable European users to...
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BitGo Scores Crypto Custody License From Germany On Heels Of $100M Funding Round
Wednesday, November 1, 2023 - 3:00pm | 586U.S.-regulated cryptocurrency custody firm, BitGo received a crypto custody license from the German Federal Financial Supervisory Authority (BaFin). The firm already stored crypto assets under the regulator's supervision since 2019 as part of a transitional regime. BitGo’s step, as...
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15-Minute City London Aims To Be A Hotbed For Startups, Venture Capital Once Again
Tuesday, October 24, 2023 - 11:55am | 774Following Brexit and the Covid-19 pandemic, the U.K. economy was expected to shrink. And it did. However, major investment firms haven't given up on London. For example, Andreessen Horowitz picked London as its international base. “This is a win for us,” said London & Partners...
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Coinbase To Establish Dublin HQ As MiCA Regulation Approaches
Thursday, October 19, 2023 - 9:16am | 551Coinbase (NASDAQ: COIN) has identified Ireland as its principal center for EU operations and regulatory affairs. What Happened: The crypto exchange has forwarded its licensing application to the Central Bank of Ireland in preparation for the move, CNBC reported. The decision aligns with the...
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Could Crypto Firms To Play Jurisdiction 'Roulette' Under EU's MiCA Regulation?
Tuesday, October 17, 2023 - 4:57pm | 583The European Union's regulatory body expressed concerns over the potential for global cryptocurrency firms to exploit regulatory discrepancies among member states. This came to light before the Markets in Crypto Assets regulation (MiCA) was slated to be in effect by December 2024...
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Cyprus Tightens Crypto Regulations: Aligns With MiCA Framework, AML Standards
Tuesday, October 10, 2023 - 12:15pm | 602As the worldwide crypto sector grapples with increasing regulatory challenges, the Markets in Crypto-Assets (MiCA) offers a unified framework for EU nations to enhance user security and functionality. In line with several other EU nations, Cyprus has introduced regulations, imposing penalties for...
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EXCLUSIVE: CBDCs Epitomize Anti-Crypto Movement But There's A Catch, Elusiv Founder Says
Monday, October 2, 2023 - 9:19am | 600Central Bank Digital Currencies (CBDCs) will epitomize the anti-crypto movement unless they are designed with ingrained security measures protecting users' privacy, Elusiv co-founder Julian Deschler said on Monday, amid sparked fervent discussions about their potential...