ChainCatcher news, reported by Crowdfundinsider, indicates that the crypto trading platform provider Talos has partnered with Crypto Risk Metrics to provide environmental, social, and governance (ESG) data to its regulated clients, in order to comply with the sustainability disclosure requirements of the EU's Markets in Crypto-Assets Regulation (MiCA).It is reported that Crypto Risk Metrics is a company that offers a software-as-a-service (SaaS) platform focused on the listing and delisting of digital assets and providing ESG data for crypto asset service providers. The platform currently serves several companies, including Bitpanda, Bank Frick, Coinmerce, and dwpbank, helping them meet the compliance requirements of MiCA regulations.

ChainCatcher news, according to the official website of the Central Bank of Ireland, Ireland is promoting financial democratization through the European Markets in Crypto-Assets Regulation (MiCA). Derville Rowland, Deputy Governor of the Central Bank of Ireland, stated at the European Compliance and Legal Conference that Ireland is committed to promoting the application of cryptocurrencies under the premise of secure innovation, particularly the positive impact of blockchain technology in the fields of investment and infrastructure.The MiCA regulation introduces a unified regulatory framework for the cryptocurrency sector, regulating electronic money token issuers and crypto asset service providers. Rowland emphasized that Ireland will work closely with European regulators to ensure consistent implementation of the regulations and avoid regulatory discrepancies. At the same time, Ireland will promote financial inclusion and innovation by improving the business authorization process, consolidating its position in the rapidly growing crypto industry.

ChainCatcher news, according to Beincrypto, as the implementation of the EU Crypto Assets Market (MiCA) regulation approaches (by the end of June), the cryptocurrency exchange Binance has disabled its copy trading service for European users.European users will close their positions in copy trading activities and transfer funds back to their respective spot wallets before the June 28 deadline. After this date, any remaining open positions will be automatically closed at market price, and assets will be transferred to the spot wallet.

Chain Catcher News, Moody's Global Head of DeFi and Digital Assets Fabian Astic stated in an exclusive interview with The Block that the restrictions of the new EU regulations could drive innovation in European stablecoins. European representatives recently voted to formally establish the regulatory framework for the Markets in Crypto-Assets (MiCA). The regulation sets a daily trading volume cap of €200 million (slightly below $194 million) for non-euro-backed stablecoins. A final vote on the new legislation is expected on October 10.Astic noted that MiCA is anticipated to be implemented as early as 2024, which could position euro-backed stablecoins as key players in the global cryptocurrency and DeFi space. However, he explained that progress may slow down without sufficient euro-backed stablecoins, as the vast majority of stablecoins today are dollar-backed. (Source link)