Altcoins News
By Evie Vavasseur
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Industry Pushback and Concerns. Binance CEO Changpeng Zhao didn't hold back during his April 13 panel.
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Banking Authorities Sound Alarms. The European Banking Authority dropped a bombshell report on April 15.
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European officials want changes to their crypto framework. The Markets in Crypto-Assets rules, known as MiCA, came out earlier this year but companies are already pushing its…
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The European Securities and Markets Authority runs the show for MiCA compliance, but they're getting feedback that some areas need work.
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Things got interesting at Paris Blockchain Week.
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EU Commissioner Mairead McGuinness spoke on April 14 about keeping regulations flexible. She said: "MiCA provides a solid foundation, but it must evolve as the market introduces…
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Binance CEO Changpeng Zhao didn't hold back during his April 13 panel. He argued that "regulatory uncertainty can hinder innovation and growth within the sector.
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The European Crypto Initiative is trying to bridge the gap between regulators and companies.
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Crypto advocacy groups aren't happy about potential tightening. The Blockchain Association Europe warned on April 14 that overly restrictive measures could "stifle innovation and…
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The European Banking Authority dropped a bombshell report on April 15. They found that current MiCA rules don't fully address stablecoin risks.
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The Financial Stability Board is watching closely too. They want international cooperation to manage cross-border crypto activities effectively.
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Meanwhile, the European Investment Bank is getting into blockchain. EIB President Werner Hoyer said the bank sees potential in leveraging blockchain for more efficient and…
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The European Commission plans a public consultation in coming months. They want input from fintech startups, traditional banks, and consumer groups.
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No timeline exists yet for actual changes. Any official amendments need approval from the European Parliament and member states. That's a long process that could take years.
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Companies are basically in limbo right now. They're operating under rules that everyone agrees need updating, but nobody knows what the new rules will look like or when they'll…
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