Chainalysis: crypto companies need to prepare for the MiCA
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The so-called MiCA (Market in Crypto Assets) is the European Union’s new crypto regulation. It has already been finally approved, but will not actually come into effect until next year. However, apparently crypto companies that want to work in EU countries would better start gearing up now to become compliant with the new regulation. MiCA: Chainalysis statements on crypto regulatory framework in EU Chainalysis is one of the world’s largest blockchain analytics companies. It was founded back in 2014, which was the year Mt.Gox was shut down, making it the first company in the world to start doing on-chain Bitcoin
Jonathan Levin, the new CEO in charge of the on-chain analysis company Chainalysis, is concerned about the unclear regulation regarding crypto stablecoins. In a note published today, it expressed hope that the United States Congress will change some aspects of the current regulation, which stifles American companies. All the details…
Blockchain forensics company Chainalysis is launching two tools that will allow crypto companies to deny sanctioned persons and entities access to their platforms. The move comes amid concerns that... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…