4 crypto startups earn MiCA licenses from Dutch watchdog
Dutch regulators awarded four digital asset service operators new crypto licenses, allowing them to operate anywhere in the European Union under MiCA. MoonPay, BitStaete, FinTech ZBD, and Hidden Road were approved by the Dutch Authority for Financial Markets to receive Markets in Crypto Assets licenses in the Netherlands. Registration with the Dutch AFM paves the […]
Tether’s market cap sheds $1.4b as MiCA activates
Tether’s U.S. dollar stablecoin witnessed its biggest downturn since FTX collapsed during the sluggish 2022 crypto market period. On-chain data showed that Tether’s stablecoin (USDT) lost approximately 1.2% of its market cap this week as EU digital asset regulations took full effect on Dec. 30. The token’s market cap fell to $137 billion from its […]
Coinbase delists Tether, other MiCA noncompliant stablecoins
Coinbase will restrict European users from trading certain stablecoins like Tether due to MiCA regulatory requirements. Starting Dec. 13, Coinbase Europe will delist a basket of stablecoin tokens, including crypto’s largest fiat-pegged currency, Tether (USDT), to comply with broader rules enshrined in the Markets in Crypto-Assets framework. Coinbase will also prohibit trading for stablecoins like […]
