Core Insights - KuCoin's European subsidiary has obtained a MiCA license in Austria, allowing it to legally provide regulated crypto asset services across the European Economic Area (EEA) [1] - The MiCA regulation, effective since last year, enables companies to obtain a license in one member state and expand their services to 27 countries [1] - KuCoin has also recently completed its registration with Austrac in Australia [1]

Core Viewpoint - The European Union is pushing to grant its market regulatory body new powers to oversee all cryptocurrency businesses operating within the EU, potentially disrupting years of efforts by national regulators and companies [1] Group 1: Regulatory Changes - A proposal is set to be announced next month that positions the European Securities and Markets Authority (ESMA) as the direct regulator for all crypto asset service providers [1] - The new framework will require cryptocurrency companies to obtain authorization in at least one member state, allowing them to provide services across the EU with a "passport" once authorized [1] - The implementation window for this new process is set to conclude next year, following years of efforts by local regulators and companies [1] Group 2: Broader Regulatory Efforts - This initiative is part of a broader effort by EU policymakers to centralize market regulation, which includes transferring direct regulatory authority to ESMA for overseeing significant clearing houses, custodians, and trading venues [1] - The proposal has received strong support from France and EU institutions, but has sparked controversy among member states reluctant to relinquish power and companies concerned about increased regulatory layers [1]

公开资料显示，火币网（HTX）由李林于2013年5月创立，运营公司北京火币天下网络技术有限公司位 于北京市海淀区， 2017年 火币逐步退出大陆市场，转向全球化运营。2021年， 火币主体公司北京火币 天下网络技术有限公司注销。2023年 ：品牌更名为HTX，孙宇晨担任全球顾问。 中国经济网北京10月27日讯 财新网24日报道《英金管局首次起诉加密货币公司非法推广 火币被指"违反 金融销售制度"》显示，英国金融行为监管局（Financial Conduct Authority，FCA）10月22日在英国高等 法院金融服务法庭民事起诉火币全球有限公司（Huobi Global S.A.），指控其"违反英国金融销售制度， 非法向英国消费者推广加密资产服务"。 新浪财经22日的消息稿《英国监管机构起诉加密货币交易所HTX，指控其非法推广》称，英国金融行 为监管局（FCA）于周三表示，已向伦敦高等法院对HTX （前身为火币Huobi）提起民事诉讼。FCA 官 网信息显示，HTX尚未获得在英国开展业务的授权。此次FCA的诉讼对象不仅包括火币全球（Huobi Global，HTX前用名），还涵盖四个"身份不明人士"群体， ...

Core Viewpoint - Market regulators in France, Austria, and Italy are urging the European Union to enhance its crypto regulation approach to ensure investor protection and maintain competitiveness in the digital asset market [1][2]. Regulatory Concerns - The initial implementation of the MiCA legislation has revealed significant discrepancies in enforcement among national supervisors, which could lead to firms exploiting lenient jurisdictions [2][5]. - The regulators emphasize that without uniform enforcement, investor protection may be compromised, and the integrity of Europe's digital asset market could be at risk [2][5]. Proposed Measures - The regulators propose that the European Securities and Markets Authority (ESMA) should take direct supervision of the largest crypto-asset service providers to ensure consistent oversight [3]. - They recommend closing loopholes that allow EU intermediaries to route orders to offshore platforms not subject to MiCA, which currently leaves investors unprotected [3]. - Mandatory independent cybersecurity audits are suggested before firms can obtain or renew MiCA licenses, addressing the sector's vulnerability to hacks [4]. - A centralized filing system for token white papers is proposed to facilitate cross-border offerings and enhance legal clarity [4]. Alignment with International Standards - The regulators argue that swift adjustments to MiCA are necessary to align with international standards set by the Financial Stability Board and IOSCO [5]. - They warn that failure to make these adjustments may force national regulators into emergency measures, potentially fragmenting the digital asset market in Europe [5].