Understand

Learn and Grow

Get Crypto Market Data

What are you looking for?

The best available value for business users who need crypto market data. Why CONSTI

Tag: Markets in Crypto-Assets

First Regulated Euro Stablecoin EUROe

Finnish fintech Membrane Finance announces their new funding round and newly approved license to build the first-ever regulated EUR-based stablecoin in the European Union. The company is granted the FIN-FSA Electronic Money Institution license. This makes Membrane’s product, EUROe, the first regulated EUR-based, full-reserve stablecoin in the EU.“We’ve been working towards this very goal for the last 18 months. Getting an EU-level license is massive news for both us and the wider European cryptocurrency market and community,” explains Juha Viitala, the CEO and co-founder of Membrane Finance. EUROe will enable near-instant payments globally for a fraction of the cost of traditional alternatives. EUROe is planned to launch in early 2023, and a waitlist is open. EUROe is an alternative to the...
EUR EUROe FIN-FSA Electronic Money Institution license Markets in Crypto-Assets Markets in Crypto-Assets Regulation Membrane Finance MiCA MiCAR USD

European Union Parliament Passes MiCA Bill Impacting Crypto Regulation

On October 10, 2022, the European Union Parliament made a significant stride in the regulation of cryptocurrencies by approving the Markets in Crypto-Assets (MiCA) bill. The decision, supported by 28 members of the Parliament, reflects a comprehensive effort to address critical aspects of the crypto landscape, including consumer protection, anti-money laundering (AML) measures, environmental concerns, and corporate responsibility. The MiCA bill is poised to undergo further scrutiny as it awaits a final vote by the European Parliament before the end of the year. If ratified, the legislation is slated to become enforceable within 12 to 18 months thereafter. However, the proposed regulatory framework poses challenges for decentralized finance (DeFi) entities operating within Europe. Scheduled to take effect in 2024, MiCA...
AML Anti-Money Laundering DAO DAOs EU EU crypto regulation European Parliament European Union Markets in Crypto-Assets MiCA MiCA regulation MiCA-ready data MiCAR
Disclaimer: The information of on this website and any other means of distribution is intended for the financial community and institutional investors. The information does not constitute investment advice, financial advice, trading advice, or any other type of advice. You should not use the content of the website in this way. CONSTI explicitly does not recommend that you buy, sell, or hold certain financial assets. Do your own careful research and consult your financial advisor before making any investment decisions.
CONSTI