Regulators in the European Union have issued new guidelines allowing relevant market participants to classify cryptocurrencies and digital assets under the Markets in Crypto-Assets (MiCA) Regulation.On July 12, three European Supervisory Authorities — the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority — released a consultation paper intended to standardize and clarify the classification of digital assets across the region. Crypto classification under MiCAThe newly released guidelines provide a structured approach to classifying various types of crypto assets. This includes determining whether a token...
The European markets could see the introduction of the first Ether staking exchange-traded fund (ETF) as a potentially significant move for cryptocurrency adoption.According to Charles d’Haussy, CEO of the dYdX Foundation, the cryptocurrency industry might soon see its first ETF based on Ether (ETH) staking. This would mark a significant milestone in the adoption of crypto ETFs.Speaking exclusively to Cointelegraph at EthCC, d’Haussy said that the next significant question is the debut of the first Ether staking ETF:“The US is probably not ready for that, but the European market or...