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France Could Block Crypto Firms With MiCA Licenses Due to Enforcement Gap Concerns
France is warning it may block cryptocurrency firms licensed in other EU countries from operating locally, citing concerns about gaps in enforcement under the new MiCA framework. The French financial watchdog argues that some firms are exploiting looser jurisdictions, and together with Italy and Austria, is calling for ESMA to oversee major crypto ...
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EU Regulator ESMA Warns of Crypto-Linked Financial Stability Risks
Natasha Cazenave, the Executive Director of the ESMA has highlighted that crypto assets still pose significant threats to financial stability despite the introduction of the MiCA regulation in the EU.
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ESMA Proposes Staff Assessment Guidelines for Crypto Firms Under MiCA Regulations
The EU's ESMA has released a proposal of suggested guidelines to help crypto firms assess the competence requirements for their staff members. By introducing this step, the regulatory agency said, it wants to ensure that only people with the right risk-and-benefit knowledge on crypto get to engage with investors and help them make informed decision...
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EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins
The European Securities and Markets Authority (ESMA) of the EU has asked crypto-asset service providers (CASPs) to put such procedures in place that can assess the compliance of ARTs and electronic money tokens (EMTs) with MiCA. Those found to be non-compliant must be restricted from being circulated, the ESMA has said.
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MiCA Crypto Framework Finalised By European Banking Authority Ahead of July Deadline
MiCA (Markets in Crypto Assets) draft technical regulations were published by the European Banking Authority (EBA), ahead of the July deadline. The EBA has addressed a number of issues in its MiCA draft technical standards, including those related to liquidity requirements, stress testing programme, asset reserves, and recovery plans.
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EU's Pending Banking Law Calls for Fast-Track Crypto Capital Rules for Banks
Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc's executive has said. The global Basel Committee of banking regulators from the world's main financial centres has set a January 2025 deadline for implementing capi...
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EU Agrees Rulebook for 'Wild West' Crypto Markets: What Are the New Rules and How Will It Affect in Future?
The European Union last week reached a provisional deal on the world's first set of comprehensive rules to regulate the "Wild West" crypto market. Now, the crypto firms that want to issue and sell digital tokens in an EU state will have to obtain a licence from a national regulator.
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UP Sacked Over 500 Ambulance Workers By Imposing Law: Priyanka Gandhi
Congress General Secretary Priyanka Gandhi Vadra on Thursday alleged that the Uttar Pradesh government sacked more than 500 workers by imposing Essential Services Maintenance Act (ESMA).
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UP Government Invokes ESMA, Bans Strike In State Universities Till June 2019
The Uttar Pradesh government Monday invoked the Essential Services Maintenance Act (ESMA), banning any strike in the services of the state universities and affiliated colleges till June 2019.
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UP Invokes ESMA Before Board Exams
Sources said the decision had been taken as the state board examinations would start soon and any strike might affect its smooth functioning.
-
Electricity "Essential", Delhi Invokes ESMA As Power Employees To Strike
Ahead of a proposed strike called by electricity employees in Delhi, Lieutenant Governor Anil Baijal invoked the Essential Services Maintenance Act (ESMA), declaring the supply and distribution of electricity as "essential"
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Lt Governor Should Ensure Implementation Of ESMA: Arvind Kejriwal
Chief Minister Arvind Kejriwal on Wednesday sought Lt Governor Anil Baijal's direction to the Delhi Police to ensure implementation of the ESMA in the wake of the strike by DTC workers, saying he has the "constitutional duty" to do this.
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Don't Intend To Restrict "Freedom Of Speech" In Universities: Prakash Javadekar
The response from the HRD Minister came after DU and JNU teachers have accused his ministry and the University Grants Commission (UGC) of meddling in their democratic rights through some circulars.
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No Such Proposal To Bring Delhi University Under ESMA: HRD Official
There is no such proposal to bring Delhi University under ESMA or Essential Services Maintenance Act, says a Ministry of Human Resource Development official.
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Delhi University Teachers Denounce UGC's ESMA Circular, Call It 'Attack On Democratic Rights'
According to DUTA, the circular is exploring the 'possible alterations that may dissolve the University's institutional autonomy and suspend the democratic rights of its academic community'.
-
France Could Block Crypto Firms With MiCA Licenses Due to Enforcement Gap Concerns
France is warning it may block cryptocurrency firms licensed in other EU countries from operating locally, citing concerns about gaps in enforcement under the new MiCA framework. The French financial watchdog argues that some firms are exploiting looser jurisdictions, and together with Italy and Austria, is calling for ESMA to oversee major crypto ...
-
EU Regulator ESMA Warns of Crypto-Linked Financial Stability Risks
Natasha Cazenave, the Executive Director of the ESMA has highlighted that crypto assets still pose significant threats to financial stability despite the introduction of the MiCA regulation in the EU.
-
ESMA Proposes Staff Assessment Guidelines for Crypto Firms Under MiCA Regulations
The EU's ESMA has released a proposal of suggested guidelines to help crypto firms assess the competence requirements for their staff members. By introducing this step, the regulatory agency said, it wants to ensure that only people with the right risk-and-benefit knowledge on crypto get to engage with investors and help them make informed decision...
-
EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins
The European Securities and Markets Authority (ESMA) of the EU has asked crypto-asset service providers (CASPs) to put such procedures in place that can assess the compliance of ARTs and electronic money tokens (EMTs) with MiCA. Those found to be non-compliant must be restricted from being circulated, the ESMA has said.
-
MiCA Crypto Framework Finalised By European Banking Authority Ahead of July Deadline
MiCA (Markets in Crypto Assets) draft technical regulations were published by the European Banking Authority (EBA), ahead of the July deadline. The EBA has addressed a number of issues in its MiCA draft technical standards, including those related to liquidity requirements, stress testing programme, asset reserves, and recovery plans.
-
EU's Pending Banking Law Calls for Fast-Track Crypto Capital Rules for Banks
Tough capital rules for banks holding cryptoassets must be fast-tracked in the European Union's pending banking law if Europe wants to avoid missing a globally-agreed deadline, the bloc's executive has said. The global Basel Committee of banking regulators from the world's main financial centres has set a January 2025 deadline for implementing capi...
-
EU Agrees Rulebook for 'Wild West' Crypto Markets: What Are the New Rules and How Will It Affect in Future?
The European Union last week reached a provisional deal on the world's first set of comprehensive rules to regulate the "Wild West" crypto market. Now, the crypto firms that want to issue and sell digital tokens in an EU state will have to obtain a licence from a national regulator.
-
UP Sacked Over 500 Ambulance Workers By Imposing Law: Priyanka Gandhi
Congress General Secretary Priyanka Gandhi Vadra on Thursday alleged that the Uttar Pradesh government sacked more than 500 workers by imposing Essential Services Maintenance Act (ESMA).
-
UP Government Invokes ESMA, Bans Strike In State Universities Till June 2019
The Uttar Pradesh government Monday invoked the Essential Services Maintenance Act (ESMA), banning any strike in the services of the state universities and affiliated colleges till June 2019.
-
UP Invokes ESMA Before Board Exams
Sources said the decision had been taken as the state board examinations would start soon and any strike might affect its smooth functioning.
-
Electricity "Essential", Delhi Invokes ESMA As Power Employees To Strike
Ahead of a proposed strike called by electricity employees in Delhi, Lieutenant Governor Anil Baijal invoked the Essential Services Maintenance Act (ESMA), declaring the supply and distribution of electricity as "essential"
-
Lt Governor Should Ensure Implementation Of ESMA: Arvind Kejriwal
Chief Minister Arvind Kejriwal on Wednesday sought Lt Governor Anil Baijal's direction to the Delhi Police to ensure implementation of the ESMA in the wake of the strike by DTC workers, saying he has the "constitutional duty" to do this.
-
Don't Intend To Restrict "Freedom Of Speech" In Universities: Prakash Javadekar
The response from the HRD Minister came after DU and JNU teachers have accused his ministry and the University Grants Commission (UGC) of meddling in their democratic rights through some circulars.
-
No Such Proposal To Bring Delhi University Under ESMA: HRD Official
There is no such proposal to bring Delhi University under ESMA or Essential Services Maintenance Act, says a Ministry of Human Resource Development official.
-
Delhi University Teachers Denounce UGC's ESMA Circular, Call It 'Attack On Democratic Rights'
According to DUTA, the circular is exploring the 'possible alterations that may dissolve the University's institutional autonomy and suspend the democratic rights of its academic community'.
