European Union's MiCA Bill Undergoes Adjustments, Allowing Reverse Solicitation for Crypto Companies

In order to comply with the MiCA Act, OKX decided to abandon France and choose Malta as its base for development in the EU

BitMEX admits to violating the Bank Secrecy Act

BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed pleaded guilty to similar criminal charges in 2022 and received probation.

In-depth analysis and latest adjustments to the EU MiCA Act's restrictions on the use of stablecoins

The regulations on stablecoins came into effect at the end of June and do have some strict restrictions, and once the limits are reached, stablecoin activities must cease.

French financial institution SG Forge is eligible to issue stablecoins under the MiCA Act

Societe Generale – Forge, a subsidiary of French bank Societe Generale, also announced that it had obtained an Electronic Money Institution (EMI) license and that its EURCV stablecoin was compliant with the MiCA regulations that came into effect on June 30.

Canada to sanction LiquiTrade for securities violations

The BCSC found LiquiTrade guilty of operating an illegal exchange, which could result in sanctions such as fines or even injunctions.

Circle’s opportunity to issue USDC and EURC under MiCA

Circle announced that its USDC and EURC stablecoins have complied with the EU’s new stablecoin regulations, becoming the first global stablecoin issuer to comply with MiCA regulations. From July 1, Circle officially issued these two stablecoins to European customers.

Cryptocurrencies need consistent regulation – an overview of Europe’s MiCA bill

Jurisdictions from the United States to South Asia are creating various cryptocurrency regulatory regimes, making international business more difficult. The situation is different in Europe, which has a region-wide Market Regulation in Crypto-Assets (MiCA) act.

Option2Trade (O2T) Emerges as Top Contender, Attracting dYdX and Polygon Investors

Option2Trade (O2T) emerges as a strong contender in the crypto market, offering an AI-driven social trading platform in its presale phase. Positioned under $1, O2T competes with dYdX and Polygon, presenting a promising investment opportunity. With a focus on governance, versatility, and a attractively low presale price, O2T aims to disrupt the market and stands out as a potential top pick for investors in 2024.

South Korean Authorities Act on Cryptocurrency Tax Evasion

The Cheongju administration is collaborating with seven prominent South Korean crypto exchanges, such as Upbit and Bithumb.

EU Seals Text of Landmark Crypto Law MiCA, Fund Transfer Rules

Legal texts to license crypto firms and vet transactions were agreed by national diplomats after political deals struck in June.