Discover and read the best of Twitter Threads about #MiCA

Most recents (22)

The European Central Bank (#ECB) recently issued 3 reports in order to pass the biggest Crypto Law:

Markets in Crypto-Assets (#MiCA)

Will the crypto ecosystem suffer from these laws?

Will the ECB gain full control of the cryptocurrency market?

We deconstruct it for you: 👇🧵 Image
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2/9

The ECB warned policymakers that crypto might be threatening the financial stability of the economy

The ECB also urged policymakers to pass the Markets in Crypto-Assets (MiCA) law

The ECB is concerned about the contagion risks that the #crypto markets possess
Read 10 tweets
‼️$LCX Thread ‼️

All you need to know about $LCX and the Current Situation with #regulations 💎‼️

Spread the word !! Like and Retweet ‼️💎

$DAG $DOT $LINK $HBAR $QNT $ZIL $CELO $ADA $ZCX $VXV $ALBT $DGB $SHIB $SAND $SAITO $NMKR $VIS $DGMV
1) #regulations are coming:

#MiCA EU regulation Framework is coming. The rules are similar to the Liechtenstein Blockchain act. $LCX is already ready and prepared no matter what's coming.

@montymetzger is very confident and sure that LCX is 10000% prepared for regulations. 💎
1.1) $LCX has the best regulatory clarity in the whole #crypto Space and is located in Liechtenstein... the Country with the most clear regulatory framework for Crypto worldwide 💎
Read 24 tweets
1/ A US take on this very informative thread from @paddi_hansen.

#MiCA unquestionably is the most important and comprehensive regulatory effort to date on #crypto and digital assets. However, this may not be a case of giving Europe a “first mover advantage”.
2/ You will likely see concerns raised about what MiCA does to Europe’s “competitiveness” in the emerging web3 space (whatever you think that term means).

Any time new regulations are put in place, the push-poll cries of market participants and regulators begin …
3/ Regulators:
Read 18 tweets
1/ Brief overview of the EU's #MiCA reg that passed Thurs evening. Applaud the effort to provide #clarity in the #crypto space - something we have been requesting for years. But more work to be done. Luckily, there is time to implement the technical text. europarl.europa.eu/news/en/press-…
2/ But first, note that both the Council & Parliament press releases contain quotes that call crypto the "Wild West" (🤦‍♀️). Puts you on notice about whether these standards actually allow for continued innovation. (Parliament ☝️ & Council 👇) consilium.europa.eu/en/press/press…
3/ Before I dive in, note that the EU's drive to create crypto regulation was borne out of the #Libra idea, which caused consternation (panic??) across the globe. Much of #MiCA seems somewhat set in that time period-e.g., 2017 called & it wants its "whitepapers" back.
Read 12 tweets
1/ Today, the EU finalized #MiCA, a sweeping #crypto regulation that will profoundly impact Europe’s future competitiveness and the viability of its #Web3 industry. This was Europe’s chance to regain market share lost in Web2, but did the EU seize the opportunity?

🧵A thread…
2/ TLDR, no. MiCA doubles down on the failed notion of “leading in regulation” rather than prioritizing innovation. But, it could have been worse.
3/ In recent months, we at @Ledger spoke out about these proposals, even calling on you to get engaged against the worst ideas. We opposed the #Bitcoin ban that came just 4 votes from passing the EU Parliament. ledger.com/blog-stand-for…
Read 11 tweets
Yesterday the EU reached agreement on the Transfer of Funds Regulation #TFR. Details are still emerging, but here’s the TLDR: it’s not as bad as it could have been, but it won’t help the EU seize the Web3 Revolution.
We’ve been sounding the alarms on this since April. The TFR has always been a threat to Europeans’ #freedom and #privacy, so we had to call it out and make our voice heard by policymakers: ledger.com/blog-why-the-e…
We published in-depth research demonstrating how the TFR would violate Europeans’ fundamental rights, expose them to greater risk of harm, and impair Europe’s competitiveness. We also suggested 4 concrete policy proposals: ledger.com/blog-how-can-t…
Read 12 tweets
Aujourd'hui, @EUCouncil et le @Europarl_EN adoptent deux régulations :

MiCA (Markets in Crypto-assets Regulation)
Et
TFR (Transfer of Fund Regulation)

TFR a été accepté hier et les dernières discussions sur MiCA ont lieu plus tard ojd.

Suis-moi et lit ce 🧵 pour un brief...
L'UE est la principale juridiction à implémenter des réglementations sur les cryptos et, joue un rôle de standard global.

Ce thread n'est pas complet ; je présente ici ce que je juge être le plus important. N'hésitez pas à rajouter des motions que vous considérez essentiels !).
TFR (Transfer of Fund Regulation)

Le TFR sera implémenté une fois que MiCA est appliqué.

Le Conseil Européen reconnaît que les méthodes d'analyse de conformités des transactions blockchains sont suffisantes pour s'aligner aux règles d'AML.
Read 22 tweets
Finally, there are also positive surprises comming out of Berlin, and this one is huge.
@Bundeskanzler announced 🇺🇦 will get #IrisT-SLM air defence missile.
Why is this so impiortant?
faz.net/aktuell/politi…
🇺🇦 needs an air defence capability above 3000m altitude. Otherwise the Russian Aerospace force will just fly high and avoid MANPADS (Singer, Igla & Grom).
Flying high degrades accuracy, but RuAF give little about collateral damage anyway.
For the time being, 🇺🇦 uses Soviet era S-300 and Buk-M1 for this job. Remarkably well by the way.
But there are limited stocks of ammunition, and very few systems in the West. Ukraine will run dry on these systems over the summer.
Read 9 tweets
Latest UPDATE on the #TFR (Travel Rule) trilogue:

EU institutions are working to finalise the #TFR text to implement the #travelrule in Europe. Please find below the latest details. The aimed-for deadline for conclusion is still the first week of June.

1/9
Key issues on table:

The provisions introduced by the @Europarl_EN requiring #verification of information for each transfer of assets, the additional requirements applied to transfers to #unhosted wallets and the #blacklist of non-compliant entities.

2/9
In the past weeks, the @EUCouncil has taken onboard the concerns from the blockchain & crypto #industry, as well as those of regulators and competent #authorities (!), that flagged the impracticality and unintended consequences these provisions would have.

3/9
Read 9 tweets
1/ I went through 891 pages of three proposals of MICA and there is a lot to talk about! Stablecoins, crypto-assets, offerors, issuers, exchanges, auhtorizations, future of money, definition of DeFi. It is all there. I wrote an article! #mica #regulation #blockchain #crypto Image
2/ Silicon Continent: EU MICA is the most important piece of legislation for crypto medium.com/@oldrichpeslar…
Also, there is a 5-page summary at the end of the doc.
3/ Will they ban stablecoins? There are a few gamechangers in information disclosures. How about issuers of crypto? What about DeFi? Find out in the article.
Read 13 tweets
Pour le secteur #crypto, au sens large - PSAN, DeFi, NFT, stablecoins, etc. - le risque d’une règlementation déconnectée des entreprises, inadaptée à l’innovation, disproportionnée quant aux risques réels, aveugles aux opportunités, n’est pas un poisson d’avril.
Cette absence de pragmatisme règlementaire - en ce que les entreprises ne sont au coeur ni de la réflexion ni des préoccupations - conduit assurément l’🇪🇺 dans le mur : en nous plaçant sous une future tutelle numérique et en cédant nos ambitions stratégiques.
Alors que les trilogues sur #MiCA et #TFR vont bientôt commencer, sous Présidence française du Conseil de l’UE pour commencer, l’Adan continuera à porter ses propositions pour une règlementation équilibrée et efficace.
Read 9 tweets
[#Thread] Aujourd'hui, la #crypto et le domaine de la #blockchain sont les secteurs parmi les plus prometteurs.

Voyons de plus près ce que cela peut vous apporter indirectement si vous envisagez de découvrir ces écosystèmes en profondeur.

Let's Go Down The Rabbit Hole 🧵⬇️
L'objectif de ce thread est de démontrer que la #crypto et la #blockchain font partie d'un monde d'opportunité qui s'offre à vous.

Nous allons essayer d'aborder les différents aspects et notions que vous allez découvrir grâce à eux si vous vous en donnez la peine.
Des notions d'économie

Probablement l'un des plus gros sujets. Avant la #crypto, saviez vous réellement ce qu'était une monnaie inflationniste/déflationniste ?

Aviez-vous déjà acheté des actions en bourse ? Le cours du EUR/USD vous avait-il intéressé ?
Read 24 tweets
Seit Tagen läuft eine absurde & von #Bitcoin Ultras aufgeladene Debatte bei Kryptowährungen & unserer heutigen Abstimmung zur #MiCABill.
Der Vorwurf ist, dass wir Grüne Kryptowährungen verbieten wollen?
Das ist quatsch.
Ein Thread.
1/12
Bei der #MICA (= MARKETS IN CRYPTO-ASSETS) Regulierung geht es darum einen europäischen Rahmen für #Kryptowährungen zu schaffen.
Sehr sinnvoll, denn neben vielen positiven Aspekten wie Blockchain gibt es durch Kryptowährungen auch Probleme für unsere Geld- & Finanzpolitik. 2/12
Regulierung gibt Plattformen & “Investoren” Sicherheit. Gemeinsame Regeln geben Schutz vor Missbrauch. Auf 🇪🇺 Ebene hat die Debatte nach der #Facebook Ankündigung zu #Libra 2019 Fahrt aufgenommen.
Im September 2020 hat die 🇪🇺Kommission ein Paket zu digital finance vorgelegt. 3/12
Read 12 tweets
The proposal to ban PoW protocols like #Bitcoin and in the #MiCa bill is more than just bad news. It is a thoughtless, uninspired proposal that does not reflect the realities and the future of the industry.

A long 🧵 (1/23) - All credits to our @CoinSharesCo research team.
#ESG is the keyword and E is the letter. Literature around the topic is poor and uninformed. Hence, @CoinSharesCo developed a comprehensive model to estimate emissions and created our own data collection framework. Results are published in our last #Bitcoin mining report. (2/23)
At an annualized energy draw of 89 TWh (December 2021), the Bitcoin mining network uses approximately 0.05% of the total energy consumed globally, measured at 162,194 TWh (2019). (3/23)
Read 24 tweets
Heute habe ich den finalen MiCA-Entwurf eingereicht. Der ECON-Ausschuss wird am 14. März 2022 hierüber abstimmen
➡️ Thread #MiCA
Angesichts der wichtigen Debatte um Nachhaltigkeit ist mein Vorschlag, Crypto-Assets, wie alle anderen Finanzprodukte, in den Bereich der #Taxonomie mitaufzunehmen. Eine eigenständige Thematisierung des Proof-of-Work ist in der #MiCA nicht mehr vorgesehen.
In Anbetracht der kontroversen Diskussionen rund um den Energieverbrauch von Crypto-Assets könnte die #Taxonomie Klarheit schaffen und eine bessere Informationsbasis für Verbraucherinnen und Verbraucher sicherstellen.
Read 6 tweets
.@adan_asso presse le Parlement européen de ne pas interdire l'usage des protocoles à preuve de travail

La fuite d'un accord a suscité un tollé dans la communauté et pourrait conduire à une interdiction de #Bitcoin

Vote de #MiCA décalé de 2 à 4 semaines

adan.eu/position/inter…
@adan_asso Plus de contexte ici sur le décalage du vote du règlement MiCA (qui aurait dû avoir lieu hier sans la polémique)

theblockcrypto.com/post/135459/eu…
L'article qui a mis le feu aux poudres, révélant qu'une coalition de gauche avait réussi à faire passer l'interdiction des protocoles PoW pour des raisons environnementales

btc-echo.de/news/bitcoin-s…
Read 3 tweets
Die Abstimmung des EU-Parlaments zu #MiCA wird auf meine Forderung hin abgesetzt und nicht am 28. Februar stattfinden. Als Berichterstatter ist es für mich zentral, dass der MiCA-Bericht nicht als de-facto #Bitcoin-Verbot missinterpretiert wird @btcecho 1/4
Die Diskussion um MiCA weist darauf, dass einzelne Passagen des Berichtsentwurfs missverständlich interpretiert & als POW-Verbot aufgefasst werden können. Es wäre fatal, wenn das #EU-Parlament mit einer Abstimmung unter diesen Umständen ein falsches Signal vermitteln würde 2/4
In diesem Zusammenhang sehe ich die dringende Notwendigkeit, die Gespräche und Verhandlungen mit den Fraktionen zu diesem Thema jetzt erneut aufzunehmen und eine klare Faktenlage zu der Frage des #PoW zu schaffen @paddi_hansen 3/4
Read 4 tweets
[#Thread] Après une petite addiction aux #PlaytoEarn ces derniers jours, je vous propose un peu de culture #crypto.

Sujet du jour : La #DeFi en répondant à ces questions :

- Qu'est ce que c'est
- Ses cas d’utilisation
- Les avantages et inconvénients

Commençons la balade ⬇️
🔸 Définition

La #DeFi est l’abréviation de « Decentralized #Finance » qui se traduit par Finance Décentralisée.

Dans l’univers des #crypto, ce terme fait référence à des app financières décentralisées (DApp) qui sont construites sur différentes blockchains comme Ethereum.
Pour aller + loin, le terme #DeFi est utilisé pour définir un écosystème de services #financiers avec les spécificités suivantes :

🔹 Fonctionne sans autorité centrale
🔹 Sans autorisation & transparent
🔹 Généralement en Open Source
🔹 Permet de garder le contrôle de sa #crypto
Read 26 tweets
**note it doesn't cost anything to register**
I spoke with someone from the council the other day and they asked me to stress the importance of families registering with the defective blocks scheme on the Dgl Co. Council website if you are a family affected by mica who own their
own home. They said currently the numbers are low (in the hundreds) and this is something they get asked and does not help their case when they meet with the Minister on the issue.
So, if you have not already done so and you plan to apply for the scheme sometime in the future
So, if you have not already done so and you plan to apply for the scheme sometime in the future please register at:
redressscheme.donegalcoco.ie//index.aspx?ta…
This is vitally important.
Thanks
Read 4 tweets
Dear People of Inishowen and beyond, please take time to read this and pass it on to everyone you know.

The Mica problem in Inishowen is greatly affecting our families and especially our children!
Anxiety and stress levels are very high among young and old. Everyone’s mental health and well-being are affected and this cannot go on. It is the main conversation among children in our primary schools. It is all that parents talk about at the school gates, at home and at work.
Children are asking their parents if their house is safe to live in. Our children should not have these worries. It is getting out of control and our government isn’t listening.
Read 17 tweets
We love getting questions about #mining, #minerals and #geology! We were recently asked about #MicaHill in Cape Breton. Here’s our answer:

#nspoli #cbpoli #novascotia #capebreton #NS #CB #victoriacounty ImageImage
#MicaHill is likely #NovaScotia’s best deposit of mica. Test pits were sunk there in summer 1882 by the Scotian Mining Company which confirmed the presence of a large supply of good quality #mica.
#nspoli #cbpoli #novascotia #capebreton #NS #CB ImageImage
There are few records about the extraction took place on #MicaHill. This is not unusual. Many historical #NovaScotia mines/quarries have extensive documentation – and @NS_Energy_Mines plays an important role preserving them.
#nspoli #cbpoli #capebreton #NS #CB ImageImage
Read 10 tweets
I had exactly 30min entry-to-exit to explore @hmns.

I’d heard they have a solid collection of trilobites & the massive cut blue sapphire Siren of Serendip is a special exhibit.

But with the clock ticking down, I raced up the stairs & tumbled into Cullen Hall of Gems & Minerals. Museum wall sign of icons indicating different types of exhibits
#Crocoite: Shiny red-orange spiketastic lead chromate.

Despite being named for colour-matching saffron, lead makes it firmly “Do Not Lick.”

This particular spikefren is from Adelaide Mine, Tasmania, sticking with “everything cute in Australia can secretly kill you” theme. Adamantine red-orange long prismatic crystalsAdamantine red-orange long prismatic crystalsAdamantine red-orange long prismatic crystals
#Fluorite: a honkin’ massive cube of calcium fluorite with that particular dull-waxy translucence I wanna pet so bad.

No UV light to see if it’d fluoresce pretty colours for me.

From Nikolaevskiy Mine in Russia where hot sulfide solutions crystallized in limestone caverns. Large translucent pale green cube with smaller cube to sideClose-up of cubical facets
Read 65 tweets

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