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August 4, 2024 Tóth Balázs

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France Begins MiCA Preparations

France’s financial markets regulator has started accepting applications from crypto asset service providers (CASPs) as part of the country’s preparations for the Markets in Crypto-Assets (MiCA) regulations. Starting December 30, companies offering any of the ten crypto services will be required to hold a unified license to operate. This license will also serve as a European “passport,” allowing companies to operate in other EU countries. Firms have until July 1, 2026, to transition to the CASP license.

Bitcoin Explorer Enhancements

Mempool.space has launched an off-chain accelerator aimed at speeding up Bitcoin transactions. This new system operates outside the main blockchain and is designed to help users process “stuck” transactions, subject to an additional miner fee and service charge. Fees can be paid in Bitcoin via the Lightning Network or in fiat currency through Cash App, Apple Pay, or Google Pay.

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