The chair of the Spanish National Securities Market Commission reportedly said that there would be no extensions or waivers for crypto companies that did not receive approval to operate in European Union member states under the Markets in Crypto-Assets (MiCA) framework by July 1. According to a Friday Reuters report, Chair Carlos San Basilio said…
In brief Spain’s securities regulator said there will be no extension to the EU’s July 1 MiCA licensing deadline for crypto firms. Binance, still unlicensed after withdrawing its application in Greece, may have to temporarily halt EU operations. Regulators are working with unlicensed firms to ensure customer assets can be transferred if needed. Spain’s top…
South Korea’s benchmark KOSPI stock index plunged nearly 10% today, triggering a market-wide trading halt one day after the country’s top financial regulator acknowledged that authorities had rushed the approval of leveraged funds tied to its two largest chipmakers. According to reports, the KOSPI closed down 9.99% at 8,203.84, its steepest decline since March 4….
