Partner@Conwey Consulting Ltd | Startup Mentor | UK <-> EU Business Partnerships expert
Interesting article from The Banker The UK, could benefit from observing and learning from the experiences of other nations that have already implemented regulations in the Crypto space. By doing so, the UK might be able to develop more informed and effective regulatory measures....... #cryptonews #cryptoregulation https://lnkd.in/eBuAsYq3
With last week's announcement of further #MiCA regulation implementation, the #EU is now seen by many as the leading supra national crypto regulator. Starting today, we explore five possible reasons for this: 1) Regulatory Framework: The EU has been proactive in establishing regulatory frameworks for cryptocurrencies and crypto funds. This regulatory clarity can provide certainty and legitimacy, making it easier to operate within legal boundaries and gain trust from investors.
On March 25, 2024, the European Securities and Markets Authority (ESMA) announced the completion of its first set of rules and regulations for crypto asset service providers, under the Market in Crypto Assets (MiCA) law. This marks a significant effort by the EU to regulate the growing crypto market, aiming to increase transparency, ensure investor safety, and clarify regulations across the EU. #Crypto #Ensure #ESMA #EU #Investors #Proposes #Regulations #Rules #Safety
What is MiCA? MiCA, or Markets in Crypto-Assets, is a regulatory framework developed by the European Union to govern crypto-assets and their service providers. Approved in 2022 and set to take full effect in 2024, MiCA aims to provide legal certainty, support innovation, and protect consumers and investors in the crypto space. MiCA represents a new chapter in crypto regulation, bringing both opportunities and challenges. As the industry adapts to this new regulatory landscape, it will be crucial for businesses, investors, and policymakers to stay informed and engaged in the ongoing evolution of crypto governance.
Are you prepared for the biggest regulatory shift in the European crypto space? MiCA, the EU’s first unified regulation for crypto-assets, will take full effect by the end of 2024. For crypto businesses, it’s a new era of transparency and accountability, but also a potential minefield if you're unprepared. 💡 Will your crypto service pass the compliance test, or are you risking severe penalties? From stricter reporting to physical office requirements in the EU, MiCA will reshape the rules of the game. Want to be prepared to what's coming up? Check our latest Blog! https://bit.ly/3U70h66 *Don't invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. https://lnkd.in/d9d-RUHR #MiCA #CryptoRegulation #DigitalAssets #CryptoBusiness
The UK crypto regulatory landscape remains in a state of flux, but significant changes on the horizon promise to bring much-needed stability and clarity. This article examines the current state of UK crypto regulation, focusing on recent developments, such as the Financial Services and Markets Act 2023 and the proposed Property (Digital Assets) Bill. These changes are poised to reshape the way cryptoassets are regulated and recognised under UK law. Find out more about the current UK regulatory position and key considerations. >> https://lnkd.in/dAy4seKr #UKCryptoRegulation #DigitalAssets #CryptoAssets
Unlocking the Future of Crypto Regulation: What Lies Ahead? Are you ready to dive into the dynamic world of crypto regulation in the UK? Join us at Financial Regulation Courses for an insightful exploration of the evolving landscape and its implications for consumers, financial services, and the broader market. 🔍💼 Summary: Discover the latest insights on crypto regulation from the Financial Conduct Authority (FCA) and learn how it's shaping the future of digital assets in the UK market. From understanding the regulatory requirements for crypto firms to navigating the complexities of stable coins and digital asset regulation, we've got you covered. 💡💰 Key Takeaways: - Learn about the FCA's pivotal role in fostering innovation and protecting consumers in the crypto space. - Understand the stringent regulatory requirements that crypto firms must adhere to for legal operation. - Stay ahead of the curve by anticipating upcoming regulatory developments and preparing for future changes. Ready to unlock the potential of crypto regulation and stay ahead of the curve? Dive deeper into the discussion at Financial Regulation Courses. Click here to learn more: https://lnkd.in/dMUp7yeD 🚀📈 #CryptoRegulation #FinancialServices #FCA #Compliance #Innovation #FinancialMarkets #ConsumerProtection #MarketIntegrity #Stablecoins #DigitalAssets #RegulatoryCompliance #FinancialRegulationCourses
CTO | Digital Assets | Fund Tokenization | Blockchain Director Engineer | Investment Fund Enthusiast
Once #tokenization gets to #vc and #privateequity we will see huge amounts of wealth being unlocked with this tech. We are the ones who will make it happen. #digitalassets #venturecapital #equity #startups #funding #founders #pe #cvc #privateequity #blockchain
Last week, SEC Commissioner Mark Uyeda stated that he believes tokenization can benefit capital markets. "Tokenization may provide transactions with a higher level of security, transparency, and immutability. It also may remove the need for most intermediaries, streamlining the process and reducing transaction costs.” - Mark Uyeda 🔗 https://lnkd.in/ebBwDHeN Adoption in the US is trending in the right direction, but there is still quite a bit of work to be done. Uyeda urged his colleagues to learn from the U.K. FCA, which has already published a blueprint for implementing tokenization. Looking overseas for regulatory frameworks is something our general counsel, Eli Cohen, also urges regulators to do in his op-ed "Hey regulators, here's how to get crypto right": https://lnkd.in/ewNvw7JC
Last week, SEC Commissioner Mark Uyeda stated that he believes tokenization can benefit capital markets. "Tokenization may provide transactions with a higher level of security, transparency, and immutability. It also may remove the need for most intermediaries, streamlining the process and reducing transaction costs.” - Mark Uyeda 🔗 https://lnkd.in/ebBwDHeN Adoption in the US is trending in the right direction, but there is still quite a bit of work to be done. Uyeda urged his colleagues to learn from the U.K. FCA, which has already published a blueprint for implementing tokenization. Looking overseas for regulatory frameworks is something our general counsel, Eli Cohen, also urges regulators to do in his op-ed "Hey regulators, here's how to get crypto right": https://lnkd.in/ewNvw7JC
The #European Union addresses crypto market concerns with the Markets in Crypto-Assets Regulation (MiCA). Introducing licensing requirements for #crypto service providers and harmonized market rules, #MiCA aims to enhance investor protection and create a uniform regulatory framework across the EU. With a broad scope covering various crypto assets, MiCA aims to mitigate risks and promote clarity. The implementation is expected in 2024, making the #EU a leader in crypto regulations. Read full story: https://lnkd.in/g44jW8p2
Leadership is all about example and action. Portfolio delivery leader passionate about agile transformation and coaching teams towards value outcomes.
ASIC commissioner Alan Kirkland will tell The Australian Financial Review Crypto and Digital Assets Summit on Monday that licensing requirements will extend beyond digital currency exchanges because the Australian Securities and Investments Commission considers most major crypto assets are already captured by the Corporations Act. #afr #asic #financials #transactions #crypto #license #digital #regulation #compliance #data #governance #exchange
