Tag: mica
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France’s Assembly backed the stablecoin swap tax by 38 votes to 37, and the budget minister wants it withdrawn
The margin is a single vote, with 25 abstentions and a government that has said it will oppose the amendment.
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Europe has named USDC its first ‘significant’ stablecoin, and has not said what tipped it over
The classification hands the EBA a bigger supervisory role over Circle’s euro issuer, and the announcement does not give the test USDC passed.
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France is weighing a 31.4 percent tax on swapping into regulated stablecoins, and Chainalysis says it will push trades offshore
The amendment taxes the most compliant tokens and leaves USDT untouched.
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Europe’s markets regulator wants unlicensed stablecoins off crypto platforms by January, and names none of them
The opinion never mentions Tether, whose USDT is the largest token it would catch.
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Three crypto rulings in one week, and what each one leaves out
Brussels, London and New York all acted on crypto in the same few days, and each action stopped short of the number that would…
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Circle wants Europe to stop making stablecoin issuers park so much cash in banks
The European Central Bank agrees with the USDC issuer on reserves, which makes this round of the MiCA review harder to wave away as…
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Twenty-one banks are forming one company to issue a dollar stablecoin
The group has a currency, a market and a compliance plan, and everything else, including the company itself, is still subject to formation and…