The EU MiCA Regulation: Implications for Stablecoins
Digital advancements over the past decade have fuelled the rise and rapid growth of cryptocurrencies, reshaping the payments industry […]
MiCA CASP License in Cyprus – CySEC announces acceptance of applications
The Cyprus Securities and Exchange Commission (CySEC) has announced on 13 November 2024, that it now accepts applications for a preliminary assessment under the EU’s Markets in Crypto-Assets Regulation (MiCA).
The Impact of MiCA on Cross-Border Operations for Non-EU Crypto Businesses
The world of cryptocurrency and blockchain technology knows no borders. As crypto markets continue to expand globally, they attract a growing number of businesses offering a wide range of services.
MiCA and the Cyprus Crypto-Assets Legal Framework
The EU Council which represents all 27 EU member states, has unanimously approved earlier this month the Markets in Crypto-Assets Regulation (MiCA).
The Importance of the SEC v Ripple Case
In late 2020, the US Securities and Exchange Commission (SEC) charged Ripple, a San Francisco-based company that offers a cross-border payment infrastructure, and two of its executives, with conducting an unregistered securities offering of $1.3bn by selling their cryptocurrency XRP.
Cyprus and the FTX collapse – Safeguarding of Clients’ Funds
The FTX bankruptcy filings caused a chain reaction across regulators and supervisory bodies across the globe, with Cyprus being no exception. On 11/11/2022 the Cyprus Securities and Exchange Commission (CySEC) announced that the license of the Cyprus Investment Firm FTX (EU) Ltd with number 273/15, is suspended in whole, due to suspicions of alleged violations…