Binance Square
#eba

eba

466 views
8 Discussing
KryptoRonin
ยท
--
#EBA #MiCA The European Banking Authority (EBA) suggests incorporating crypto lending into MiCA, and also regulating the service providers that help customers access DeFi lending protocols. For platforms running lending businesses in the EU, this also brings the on-chain portion under the licensing scope: suitability testing, leverage limits, and additional disclosures are all included in the proposed list. The suggestion is part of MiCA review guidance and has not yet become legislation. The real point to watch is whether the European Commission decides to conduct a cost-benefit analysisโ€”if it does, DeFi front-end integration providers will feel the pressure first. $SOL $ONDO $TST
#EBA #MiCA

The European Banking Authority (EBA) suggests incorporating crypto lending into MiCA, and also regulating the service providers that help customers access DeFi lending protocols.

For platforms running lending businesses in the EU, this also brings the on-chain portion under the licensing scope: suitability testing, leverage limits, and additional disclosures are all included in the proposed list. The suggestion is part of MiCA review guidance and has not yet become legislation.

The real point to watch is whether the European Commission decides to conduct a cost-benefit analysisโ€”if it does, DeFi front-end integration providers will feel the pressure first.

$SOL $ONDO $TST
EU Tightens Crypto Regulations: EBA Proposes Huge Fines for Token Issuers - The European Banking Authority (EBA) has just released a new proposed penalty framework. - This penalty framework targets major token-issuing organizations that do not comply with regulations. - Fines could be as high as 12.5% of the violatorsโ€™ annual revenue. - The move shows that the EU is serious about enforcing new laws to tightly regulate the cryptocurrency market. #BinanceSquare #CryptoNews #EBA #EU #Regulation MiCA $btc $eth vlikevn Titanbot Source: CoinTelegraph
EU Tightens Crypto Regulations: EBA Proposes Huge Fines for Token Issuers

- The European Banking Authority (EBA) has just released a new proposed penalty framework.
- This penalty framework targets major token-issuing organizations that do not comply with regulations.
- Fines could be as high as 12.5% of the violatorsโ€™ annual revenue.
- The move shows that the EU is serious about enforcing new laws to tightly regulate the cryptocurrency market.
#BinanceSquare #CryptoNews #EBA #EU #Regulation MiCA

$btc $eth

vlikevn Titanbot

Source: CoinTelegraph
ยท
--
MiCA Penalties Escalate: Europeโ€™s Crypto Industry Enters the 12.5% Fine Era ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ’ธ The latest EBA proposal is out! Under MiCA, regulatory fines for violations can be as high as 12.5% of annual turnover or twice the amount of profits from the infringement. As of July 1, the license deadline has passedโ€”Binance withdrew its application in Greece and scaled back EU services, while Coinbase and OKX seized the opportunity to win customers. Compliance is no longer an option, but a survival threshold. The consultation period runs until 9/28, and the industry still has a final chance to influence the fine details.๐Ÿ“Š #MiCA #ๅŠ ๅฏ†็›ฃ็ฎก #MiCA #EBA #ๅŠ ๅฏ†็›ฃ็ฎก
MiCA Penalties Escalate: Europeโ€™s Crypto Industry Enters the 12.5% Fine Era ๐Ÿ‡ช๐Ÿ‡บ๐Ÿ’ธ

The latest EBA proposal is out! Under MiCA, regulatory fines for violations can be as high as 12.5% of annual turnover or twice the amount of profits from the infringement. As of July 1, the license deadline has passedโ€”Binance withdrew its application in Greece and scaled back EU services, while Coinbase and OKX seized the opportunity to win customers. Compliance is no longer an option, but a survival threshold. The consultation period runs until 9/28, and the industry still has a final chance to influence the fine details.๐Ÿ“Š #MiCA #ๅŠ ๅฏ†็›ฃ็ฎก

#MiCA #EBA #ๅŠ ๅฏ†็›ฃ็ฎก
COINUS+1.46%
Log in to explore more content
Join global crypto users on Binance Square
โšก๏ธ Get latest and useful information about crypto.
๐Ÿ’ฌ Trusted by the worldโ€™s largest crypto exchange.
๐Ÿ‘ Discover real insights from verified creators.
Email / Phone number