The European Union's MiCA regulation has passed the European Council, with one step left before it reaches complete approval.
October 05, 2022 | | | | | 📈 30 Second Cryptocurrency Price Summary | Current Bitcoin Price: $19,995 | Bitcoin price is sitting just below $20,000 to begin Wednesday, as price cools off from yesterday's spike. | Top-20 altcoins are a mixed bag, as Ethereum corrects 2%, BNB falls 1% and XRP gains 3% over the last day of trading. | Top Stories for October 5, 2022 🔥 | | The European Union's Markets in Crypto-Assets (MiCA) regulation has passed the European Council, with one step left before it reaches complete approval. | On October 10, the regulation must pass through one more vote in European Parliament, which will then see an adaptation period of at least a year, then finally into effect in 2024. | MiCA seeks to regulate the issuance of cryptocurrencies across the EU, with particularly tight restrictions on stablecoin issuance. | | Hamilton Lane, an investment management firm with $832.5 billion in assets under management, is moving to tokenize three of its funds via digital asset securities firm, Securitize. | The company is making the move in order to make private market investment available to a wider range of investors, targeting individuals rather than solely institutions. | | Crypto exchange Coinbase is planning to expand its services in Australia, including launching a local entity and an updated suite of services for retail traders. | Coinbase vice president of international business development, Nana Murugesan, says "baseline signals" of crypto recognition in Australia are on par or better than the US and other markets. |
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