Crypto News·
France’s AMF says crypto firms must secure MiCA licenses by June 30 or wind down operations and exit the market.
Read full articleA majority of European crypto users are still using unlicensed exchanges weeks before the EU’s MiCA transition period comes to an end, according to an analysis published by OKX Europe. According to an analysis by OKX Europe shared with crypto.news,…
The post Grayscale IPO delayed as crypto firms reassess public market plans appeared on BitcoinEthereumNews.com. Asset management giant Grayscale is the latest crypto firm to delay its plans to go public due to market conditions, according to a person with knowledge of the matter. The Stamford-based investment firm has paused its IPO preparations, and is unlikely to restart the process until the fourth quarter at the earliest, the person said, who spoke on condition of anonymity as the matter is private. DCG subsidiary Grayscale, one of the world’s largest crypto asset managers and the firm behind the Bitcoin Trust ETF (GBTC), filed confidentially for a U.S. IPO in November last year. “Due to the SEC-mandated quiet period, we are unable to comment at this time,” a Grayscale spokesperson said in emailed comments. Grayscale is a leading digital asset investment platform that provides investors with secure and regulated exposure to the cryptocurrency market. Through its suite of single-as
The Digital Chamber is leading a coalition of crypto firms pressing the Senate to pass the CLARITY Act. The Digital Chamber has escalated a coalition push urging the US Senate to pass the CLARITY Act. The trade group is framing…
The post UniCredit warns of EU crypto bank crisis appeared on BitcoinEthereumNews.com. UniCredit director Elena Carletti has warned Europe may struggle to contain a crypto bank crisis under MiCA rules. Summary UniCredit’s Elena Carletti warned Europe lacks tools to backstop crypto-linked deposits the way US regulators did after SVB. MiCA pushes stablecoin issuers closer to banks but EU deposit insurance is capped at €100,000. Carletti cited Circle’s $3.3 billion stuck at SVB in 2023 as the model risk Europe has not solved. UniCredit deputy vice chair Elena Carletti has warned that Europe may struggle to contain a crypto-linked banking shock under MiCA. The Italian bank executive said EU tools are weaker than the US emergency response of 2023. The comments land as MiCA pulls stablecoin issuers closer to traditional lenders. Carletti, who chairs UniCredit’s board risk committee, said at an IESE Business School conference in Madrid that the same systemic-risk exception used to guarantee a
France’s top markets regulator is issuing increasingly direct warnings to crypto firms ahead of a fast-approaching European Union (EU) deadline for licensing, Reuters reported on Thursday. Under the EU’s Markets in Crypto-Assets (MiCA) framework, crypto rules are tightening across the European Union for the issuance, trading, and custody of digital assets, and the regulator says […]
UniCredit director Elena Carletti has warned Europe may struggle to contain a crypto bank crisis under MiCA rules. UniCredit deputy vice chair Elena Carletti has warned that Europe may struggle to contain a crypto-linked banking shock under MiCA. The Italian…
The AMF's firm deadline for MiCA licensing could lead to market consolidation, impacting competition and investor options in France's crypto sector. The post French Financial Markets Authority sets June 30 deadline for MiCA licensing appeared first on Crypto Briefing.
The European Union's Markets in Crypto Assets regulations first took effect in 2024, but gave crypto service providers time to fully comply with the framework.
