• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Ledger CTO Warns Of Crypto Clipper Malware Following Major NPM Breach
Crypto

EU Countries Are Reaching An Agreement On Crypto Adoption; Here’s What We Know

anushsamal
by anushsamal
3 years ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The European Union is reportedly nearing close to reaching an agreement in the Markets in Crypto-Assets (MiCA) regarding the regulatory framework. This framework concerns a legislative package that will be responsible for extensively regulating the crypto market and all the related activities in Europe.

EU is supposed to sign the agreement by this month as the reports suggest. This move is intended to include 27 member states and set the same rules around the digital asset which would be governing these member states.

The negotiators are yet to address some other important issues before reaching a consensus. At the current moment, there’s a lot being discussed which includes decisions regarding the transaction size with dollar-backed cryptos.

Member states are also working on an anti-laundering rule which is to be added to the regulatory framework.

What Are The Major Points Of Contention In This Crypto Regulatory Framework?

Negotiators are scheduled to meet on the June 14 and June 30 to address a few concerns before arriving to a consensus.

It has also been reported that apparently, the French presidency of the EU Council and European Parliament have a positive stance about issues that are holding up the draft’s advance.

Despite this, the 27 member states along with the Parliament are not in agreement regarding many such aspects of MiCA.

The issues which have caused disagreement include supervision of the crypto asset service providers (CASPs), the possible inclusion of non-fungible tokens (NFTs), and also regulation of stablecoins.

There is also ongoing discussion about how to put a ceiling or limit to use of stablecoins in payments. This move is being considered owing to the major slump of TerraUSD (UST) which is an algorithmic stablecoin that wreaked havoc across the industry.

The most important concern still remains to safeguard investors and also pay attention to the impact of digital currencies on financial stability.

Suggested Reading | Cryptocurrency Is ‘Worthless,’ European Central Bank President Says

Climate Related Disclosures Shall Be Mentioned

The final draft is supposed to be coordinated between the European Parliament, the European Commission and also the Council of the European Union. The European Union also wants to keep the climate-related discussion on the table.

The climate-related disclosures will help keep track of Bitcoin’s environmental impact. A lot of negotiation which is underway concerns specific requirements for the cryptocurrency service providers.

This includes many amendments that were introduced which will help restrict the use of proof-of-work, which is a consensus mechanism.

European Parliament has voted against including a de facto ban on Bitcoin mining in the MiCA framework. This is because of there has been a lot of backlash from the members across the industry.

The European Union lawmakers had recently approved a crackdown on anonymous crypto transfers. This particular draft bill is currently under trialogue negotiations.

Related article | Goldman Sachs Begins Trading Ethereum-Linked Derivative Product

Crypto
Bitcoin was priced at $23,000 on the one-day chart | Source: BTCUSD on TradingView
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
anushsamal

anushsamal

Follow

Full Profile

Related Posts

Solana Pumps as SOL Strategies Debuts on Nasdaq: Is $SNORT Next to Explode?

Solana Pumps as SOL Strategies Debuts on Nasdaq: Is $SNORT Next to Explode?

37 minutes ago
Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (September 10)

Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (September 10)

50 minutes ago
Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (September 10)

Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (September 10)

50 minutes ago
Crypto

Bipartisan Push For Crypto: Democrats Present Key Principles For Market Structure Bill

3 hours ago
Ripple To Offer Bitcoin, Ethereum Custody Services To Spain’s BBVA Bank

Ripple To Offer Bitcoin, Ethereum Custody Services To Spain’s BBVA Bank

4 hours ago
Gemini

Nasdaq Set To Invest $50 Million In Crypto Exchange Gemini’s IPO – Report

5 hours ago
Please login to join discussion

Premium Sponsors

Press Releases

  • miner

    Mint Miner Launches Smart Mining App to Help XRP...

    3 hours ago
  • miner

    7 Highest-Rated and Most Popular Cloud Mining Apps in 2025...

    8 hours ago
  • XRP

    Quickly make XRP “mine and earn money”, and...

    11 hours ago
  • XRP Holders

    LET Mining: A Passive Income Engine for XRP Holders...

    13 hours ago
  • miner

    Ripple (XRP) is attracting investor interest: ALL4 Mining...

    17 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.