The Bitcoin Halving: A Beginner’s Guide
Introduction to Bitcoin Halving If you are new to the world of cryptocurrencies, you have probably heard of the term “Bitcoin halving.” This is not just something minor; it is…
The introduction of the Markets in Crypto-Assets Regulation (MiCAR) marks a new chapter in European cryptocurrency regulation. While this is a step toward greater transparency and security, it also brings challenges for stablecoins and their providers.
MiCAR sets stricter rules for cryptocurrency platforms and stablecoin providers, ensuring stability and consumer protection. One key aspect is the compliance of stablecoins with these new regulatory standards.
Currently, no stablecoins meet the MiCAR requirements in full. USDC is the closest to compliance but cannot yet be confirmed as fully aligned. Consequently, the following coins may be affected:
If you hold any of these stablecoins, it’s essential to prepare for potential changes. Review your portfolio and consider reallocating your funds to avoid disruptions.
Knaken remains committed to keeping our users informed and ensuring smooth transitions. Stay tuned for updates as more information becomes available.
Knaken Cryptohandel B.V. is registered with De Nederlandsche Bank N.V. (DNB) as a provider of crypto services. DNB supervises Knaken Cryptohandel B.V.'s compliance with the Money Laundering and Terrorist Financing (Prevention) Act and the Sanctions Act 1977. Knaken Cryptohandel B.V. is not subject to prudential supervision by DNB or conduct supervision by the AFM. This means that there is no supervision of financial requirements or business risks and there is no specific financial consumer protection.
Investing in crypto-related products involves significant risks.
