Reported 1 day ago
Two leading cryptocurrency firms are close to obtaining licenses for operation across the European Union, amidst concerns regarding the rapid approval processes by certain countries like Malta. This comes as the EU's new Markets in Crypto-Assets (MiCA) regulation aims to unify crypto oversight akin to traditional finance, but regulators warn that uneven enforcement could undermine these goals. The anticipated licenses, particularly for Gemini and Coinbase, highlight the growing regulatory rift and potential challenges in maintaining consistent standards across the EU.
Source: YAHOO