How MiCA forced crypto market to adapt in Europe

Russia's diesel export ban could tighten global supply, raising prices in Europe and Asia, impacting logistics, agriculture, and energy sectors. The post Russia bans diesel exports to prevent domestic shortages after drone attacks appeared first on Crypto Briefing.

The post Colombia Crypto Market Faces Stricter Bank Checks After SFC Update appeared on BitcoinEthereumNews.com. Colombia’s SARLAFT update increases checks on digital asset transactions for banks. Banks review crypto-linked transfers more closely under updated SFC compliance tools. P2P crypto traders face more scrutiny when using local bank transfers and records. Colombia is strengthening financial risk oversight after the Superintendencia Financiera de Colombia updated its SARLAFT supervisory tools. The updated module is aimed at supervised entities and may increase compliance scrutiny around transactions linked to digital asset platforms. The SFC said the update applies to supervised financial entities. It is aimed at compliance officers, risk managers, and officials handling money laundering and terrorist financing controls. Colombia Crypto Transfers Face Tighter Checks The agency said the tools are also available to public entities, private firms, citizens, and other interested par

The post EU Parliament Signals Potential Expansion of Crypto Regulations appeared on BitcoinEthereumNews.com. The European Parliament recently approved a policy document that suggests enhancing the regulatory framework for crypto assets within the European Union, extending beyond current MiCA guidelines. While the paper does not alter existing laws, it presents a strategic vision for the digital asset framework in the EU. Continue Reading:EU Parliament Signals Potential Expansion of Crypto Regulations Source: https://en.bitcoinhaber.net/eu-parliament-signals-potential-expansion-of-crypto-regulations

ESMA's review under MiCA signals a shift to stringent enforcement, impacting crypto custodians' operational standards across the EU. The post ESMA launches first coordinated crypto custody review under MiCA appeared first on Crypto Briefing.

The post Crypto Exchange Kraken Is Going After a Full Banking License in Europe appeared on BitcoinEthereumNews.com. Key highlights: Kraken wants to have a bank in Europe This would make it the only crypto exchange with a license in the EU The update comes as MiCA rules become fully enforced The European crypto market is developing fast, and a major exchange has decided to take it up a notch. The Kraken crypto exchange is now pursuing a full banking license in Europe, and Lithuania has been named as the preferred country for securing this approval.  The development comes as the European Union is introducing stricter regulations for crypto companies under its Markets in Crypto-Assets Regulation (MiCA). Many firms failed to secure this license. For example, Binance, which has started to shut down operations in the region. Meanwhile, some are looking for ways to strengthen their position in the region. Kraken pushes for a banking license Kraken is now actively pushing to conduct banking o

The post Crypto Market at Risk as BTC, ETH, XRP, and SOL Longs Build  appeared on BitcoinEthereumNews.com. Analyst Joao Wedson says unliquidated long positions are dominating BTC, ETH, XRP, and SOL. Alphractal charts show large, long-exposure buildings across major crypto assets, while weak upward movement has increased concerns over leveraged positions. XRP, ETH, and SOL show higher sensitivity due to heavier long accumulation. Bitcoin and major altcoins are facing increased leverage pressure as unliquidated long positions continue building across the market. Analyst Joao Wedson highlighted data from Alphractal showing that BTC, Ethereum, XRP, and Solana are carrying a large amount of open long exposure after a weak upward move. Notably, the charts shared by the analyst show concentrated long positions across multiple assets, creating a market structure where a sudden decline could force leveraged traders to close positions. Long Positions Increase Across Major Crypto Assets Alphracta

Vanguard's strategic shift towards digital assets may signal increased institutional acceptance, potentially influencing broader market dynamics. The post Vanguard hires digital assets head amid crypto market volatility appeared first on Crypto Briefing.

The surge in prediction markets highlights the growing intersection of sports and digital finance, impacting crypto market dynamics and liquidity. The post World Cup prediction markets surge as England advances to quarter-finals against Norway appeared first on Crypto Briefing.