Banking and Crypto Regulations
The European Union's Digital Operational Resilience Act (DORA) is said to be transformative regulation for the financial sector. It aims to strengthen resilience against cyber threats and ICT disruptions, requiring financial institutions and their third-party service providers to implement comprehensive risk management, incident response, and continuous monitoring strategies.
Banking and Crypto Regulations
Introduction The rapid evolution of cryptocurrencies has transformed them from niche financial instruments into a significant asset class. This development brings new opportunities for investors but also introduces complex legal and regulatory challenges. This article explores key aspects of the cryptocurrency landscape, including: Emerging Opportunities * Cryptocurrencies and blockchain technology as
Banking and Crypto Regulations
Introduction The introduction of the Markets in Crypto-Assets Regulation (MiCAR) marks a watershed moment in the regulation of cryptocurrencies and related services within the European Union (EU). Effective December 30, 2024, MiCAR is directly applicable to all crypto-asset service providers across the EU. Its primary objective is to harmonize the
Banking and Crypto Regulations
The Markets in Crypto-Assets (MiCA) regulation, adopted in 2023 and starting working in 2024, is already being described as a game-changing framework that, if it succeeds, may establish Europe at the forefront of global crypto regulation. While many celebrate its potential to bring clarity and uniformity to a fragmented market,