The post EU Targets MiCA Overhaul for Non-EU Stablecoin Issuers by 2027 appeared on BitcoinEthereumNews.com.
MICA News The European Union is preparing to overhaul its Markets in Crypto-Assets (MiCA) framework, with officials expected to weigh substantial revisions from 2027 in direct response to the newly enacted U.S. GENIUS Act. The central question driving the review is how non-EU companies issuing stablecoins should be treated under the bloc’s rules, an issue that gained urgency after Washington created a federal pathway for dollar-pegged tokens. Policymakers want to give U.S.-based issuers clearer legal footing to operate across the 27 member states, while closing gaps the current text leaves open on cross-border stablecoin activity and foreign licensing standards. Even with the framework only just fully in force, the European Commission has already opened a public consultation on updates that industry participants call MiCA 2.0. The comment period runs until August 31 and invites
The post ESMA Launches Custody Audits for EU Crypto Platforms Following MiCA Implementation appeared on BitcoinEthereumNews.com.
Key Highlights European regulators initiate coordinated custody audits following MiCA’s full activation. Crypto service providers undergo scrutiny on client asset safeguarding mechanisms. Examination covers private key management, governance structures, and transaction oversight. MiCA framework transitions from registration phase to active compliance verification. Comprehensive findings expected by 2027 to identify custody vulnerabilities across member states. European securities regulators have initiated a comprehensive custody examination targeting crypto firms operating under the new MiCA regulatory framework. The investigation evaluates how licensed providers safeguard customer holdings and address operational vulnerabilities. This coordinated effort aims to establish uniform protection standards throughout the European Union. Pan-European Custody Investi
The post EU Reviews MiCA Rules as Stablecoin Adoption Accelerates appeared on BitcoinEthereumNews.com.
The European Union has started preparing changes to its Markets in Crypto-Assets Regulation (MiCA) as stablecoins expand across global markets. Policymakers want stronger oversight for crypto issuers based outside the bloc. They also aim to update the framework for emerging payment technologies. The review follows rapid stablecoin adoption and changing international regulations. Consequently, EU officials believe existing rules no longer address the growing cross-border nature of digital assets. The European Commission will collect industry feedback until September 30 before deciding the next legislative steps. Stablecoins Push Regulatory Review EU officials want MiCA to address stablecoins issued by companies outside Europe. Currently, the regulation lacks specific rules for many foreign issuers serving European users. Moreover, stablecoin activity continues accelerating worldwide.
The post ESMA Says EU Retail Ban Covers Many Prediction Markets, With MiCA Awaiting the Tokenized Ones appeared on BitcoinEthereumNews.com.
Key Takeaways ESMA said event contracts that qualify as financial instruments are already barred from EU retail sale under binary-options rules. The prohibition rests on national measures in force since 2018, so no new legislation is required to apply it. Two regulatory tracks, both already in force In a public statement issued on July 3, the European Securities and Markets Authority (ESMA) set out how existing EU law applies to event contracts, the yes-or-no instruments underpinning prediction markets. Its central conclusion is that many of these contracts are not a novel product category requiring new rules, but already fall within measures on the books – a point that goes further than framing the issue as future regulatory risk. ESMA’s reasoning is that event contracts whose underlying question relates to an asset listed in Section C(4) to (10)
Europe’s top securities regulator has clarified that many prediction-market event contracts already fall under the EU’s existing retail ban on binary options – meaning the restriction is live law, not a proposed rule – while contracts issued as blockchain tokens may instead be caught by the bloc’s crypto framework. The statement leaves platforms such as […]
The European Union has begun preparing changes to its Markets in Crypto-Assets framework after the United States enacted the GENIUS Act, with regulators expected to review stablecoin rules and other digital asset provisions from 2027. According to a report published…
The post EU targets MiCA overhaul as US GENIUS Act reshapes stablecoin rules appeared on BitcoinEthereumNews.com.
The European Union has begun preparing changes to its Markets in Crypto-Assets framework after the United States enacted the GENIUS Act, with regulators expected to review stablecoin rules and other digital asset provisions from 2027. Summary The EU is preparing to revise MiCA after the U.S. GENIUS Act changed the global stablecoin regulatory landscape. Officials may expand MiCA to cover non-EU stablecoin issuers, tokenized payments, and tokenized deposits. ESMA will review crypto custody risks at licensed CASPs through the first half of 2027. According to a report published by Euronews on Wednesday, European Commission officials are preparing to revisit parts of the Markets in Crypto-Assets (MiCA) regulation as the bloc responds to changes in the global regulatory landscape. The report said the review will focus on how non-EU companies issuing stablecoins should be treated
The European Union has begun preparing changes to its Markets in Crypto-Assets framework after the United States enacted the GENIUS Act, with regulators expected to review stablecoin rules and other digital asset provisions from 2027. According to a report published…
The post MiCA Regulated Exchanges Liquidity Highlights Kraken’s Lead appeared on BitcoinEthereumNews.com.
When regulators draw a line in the sand, liquidity tells you who was ready. According to data from DefiLlama, Kraken dominates MiCA-regulated exchanges in liquidity by a wide margin — sitting atop the rankings with $399.71 million in spot liquidity and $206.90 million in perpetual liquidity, both figures the highest among the sampled platforms operating under the EU’s Markets in Crypto-Assets framework. Key takeaways Kraken leads all MiCA-regulated exchanges with $399.71 million in spot liquidity and $206.90 million in perpetual liquidity. Coinbase ranks second in both categories: $305.23 million spot, $167.39 million perpetual. Kraken covers 1,704 markets — more than any other sampled MiCA-regulated exchange. Crypto.com, Bitstamp, and Bybit occupy the mid-tier of spot liquidity, ranging from $130.84 million down to $50.19 million. Backpack and OKX are notable outliers: both show p