Last Week
UK FCA Considers Rule Waivers for Crypto Firms
The UK’s Financial Conduct Authority is reportedly looking to waive parts of its crypto marketing and disclosure rules to help firms transition into the EU’s new MiCA regime. Why? Because MiCA is coming fast – and if the UK doesn’t flex, London risks losing ground to the rest of Europe. It’s not a full pivot to pro-crypto, but it’s the clearest sign yet that UK regulators are trying not to get left behind.
EU Agrees to Cap Digital Euro Holdings
Finance ministers across the EU have agreed to limit how much individuals can hold in a future digital euro – €3,000 max, with zero interest. Why the cap? To prevent a bank-run scenario where citizens pull deposits from commercial banks into central bank wallets. The message is clear: you can have a CBDC, just don’t actually use it like money.