Europe’s MiCA Rules Squeeze Smaller Crypto Firms as Compliance Deadline Nears
As MiCA enforcement approaches, smaller crypto firms across Europe face rising costs and regulatory hurdles that could reshape the industry landscape.
As MiCA enforcement approaches, smaller crypto firms across Europe face rising costs and regulatory hurdles that could reshape the industry landscape.
UK authorities have launched coordinated raids on suspected illegal peer-to-peer crypto trading operations, marking a major escalation in enforcement efforts.
New York’s Attorney General has filed lawsuits against Coinbase and Gemini, claiming their prediction market platforms operate as illegal gambling under state law.
European banks are accelerating euro stablecoin plans, partnering with Fireblocks to build a regulated digital euro alternative under MiCA rules.
France is pushing European banks to expand euro-pegged stablecoins and tokenized deposits, aiming to strengthen regional digital finance and reduce dependence on dollar-based systems.
AllUnity is broadening the reach of its euro-pegged EURAU stablecoin by deploying liquidity across major decentralized exchanges, deepening its presence in DeFi markets.
The UK Financial Conduct Authority is gathering industry feedback on crypto rules covering stablecoins, custody, trading, and staking as it prepares for a full regulatory regime in 2027.
The American Bankers Association disputes a White House report on stablecoin yields, warning that allowing interest-bearing stablecoins could drain deposits from smaller banks.
South Korea has fined crypto exchange Coinone $3.5 million and ordered a partial suspension over anti-money laundering violations, intensifying its regulatory crackdown on digital asset platforms.
South Korea’s central bank proposes crypto “circuit breakers” after a massive Bithumb error exposed gaps in exchange safeguards.
The European Central Bank has endorsed a proposal to centralize crypto oversight under ESMA, signaling a major shift in how digital asset firms are regulated across the EU.
Senator Cynthia Lummis urges swift passage of the CLARITY Act, warning delays could stall US crypto progress until 2030.
Hong Kong grants its first stablecoin licences to Anchorpoint Financial and HSBC under a new regulatory framework led by the HKMA.
Japan approves a bill to classify cryptocurrencies as financial instruments, introducing stricter oversight, insider trading bans, and disclosure rules.
South Korea plans to bring tokenized real-world assets and stablecoins under existing financial frameworks, signaling a major step toward regulatory clarity.