Regulation

Regulation

Novarex

The global landscape: from a strict ban in China to targeted reforms in Eastern Europe

The international landscape of cryptocurrency regulation remains extremely uneven. China still maintains a strict ban on private trading and mining: only the state-issued digital yuan is permitted, and any transactions with decentralized assets are effectively relegated to a gray area. At the opposite extreme are EU countries and several Eastern European jurisdictions, which are gradually […]

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Novarex

MiCA: A Level Playing Field for the EU Crypto Market

The Markets in Crypto-Assets (MiCA) regulation is gradually becoming the foundation of the legal framework for the European Union’s crypto market. The document introduces uniform requirements for transparency, disclosure, licensing, and oversight for market participants issuing and trading cryptoassets, including stablecoins and tokens pegged to asset baskets. MiCA fills a regulatory void for assets previously

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Novarex

EU Sanctions Package 19: LNG, Crypto, and Restriction Circumvention Schemes Under Attack

The EU Council approved the 19th sanctions package targeting Russia. The document includes 69 new personal and corporate restrictions, as well as measures affecting the energy sector (including LNG), finance, and digital assets. One of the goals of the package is to combat sanctions evasion using cryptocurrencies and related services. The new rules strengthen oversight

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