Topic
mica
2 stories
AscendEX shuts down, warns users may not get their crypto back
Crypto exchange AscendEX ceased operations on July 1 and told users it cannot guarantee they will recover their full balances, citing MiCA non-authorization, a failed liquidity deal, and near-empty hot wallets flagged by on-chain investigators.
UK regulator proposes halving stablecoin capital buffer to 1%, below EU's MiCA
The UK's FCA proposed halving stablecoin issuers' capital buffer to 1% of coins in circulation, below the EU's 2% MiCA rule, days after the Bank of England dropped its planned holding cap.