MiCA Adaptation in the EU and Alternative Jurisdictions for Crypto Licensing

EU To Ban Privacy Coins, Anonymous Crypto Accounts By 2027 – Truth Unmuted

by Didi Rankovich | Reclaim The Net By 2027, the European Union (EU) is set to use its Anti-Money Laundering regulations (AMLR) to ban privacy cryptocurrencies (crypto-asset accounts allowing anonymization of transactions) and anonymous accounts (accounts using anonymity-enhancing coins). This is interpreted by observers to be defined in the Markets in Cryptao-Assets Regulation (MiCA). The European Crypto Initiative (EUCI) has come out with its …

MiCA Adaptation in the EU and Alternative Jurisdictions for Crypto Licensing

MiCA introduces uniform standards and requirements for crypto-asset service providers (CASPs and VASPs), including crucial aspects such as capital adequacy, corporate governance, client asset protection, and stringent anti-money laundering (AML) measures. AdamSmith.lt actively supports numerous businesses adapting to these new European standards, closely monitoring regulatory developments and providing clients with comprehensive and efficient so…

For crypto assets to truly establish themselves in the financial market mainstream, a clear legal framework is necessary. Leading crypto managers believe that Europe has an advantage over the US in this regard, where dubious Trump deals are hindering the planned regulation.