With the entry into force of the MiCA Act, Web3 companies are increasingly enthusiastic about expanding into Europe. Mankiw & Co. LLP has recently received a large number of inquiries about Web3-friendly countries in Europe. In this issue, we will focus on the highly promising Polish market.
JinseFinanceOn December 30, 2024, the EU's "Market Regulation on Crypto-Assets" (hereinafter referred to as the "MiCA Act") officially came into effect, marking a new era in Europe's crypto-asset compliance framework.
JinseFinanceThe European Crypto-Asset Market Regulation (MiCA), which came into effect at the end of June, is profoundly changing the euro stablecoin market landscape.
JinseFinanceThe EU’s Markets in Crypto-Assets Act (MiCA) is a significant development in the regulatory framework for digital assets.
JinseFinance
DanteThe 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.
JinseFinanceSociete 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.
JinseFinanceCircle 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.
JinseFinanceJurisdictions 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.
JinseFinanceLegal texts to license crypto firms and vet transactions were agreed by national diplomats after political deals struck in June.
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