NewsletterJust-In: Bitvavo Taps Nasdaq To Bolster Security Ahead MiCA Implementation
Highlights
- Bitvavo signed an agreement with Nasdaq to boost market abuse detection and analysis.
- Bitvavo to use the Nasdaq Market Surveillance technology to boost market abuse detection.
- It will help support the exchange in early compliance with the EU's Markets in Crypto-Assets Regulation (MiCA).
Crypto exchange Bitvavo has signed an agreement with Nasdaq today to boost market abuse detection and analysis ahead of the implementation of the Markets in Crypto-Assets Regulation (MiCA) in the European Union. The exchange commits to improving security, trust, and stability amid the paradigm shift in crypto adoption globally.
Bitvavo To Use Nasdaq Market Surveillance
The largest cryptocurrency Euro spot exchange globally Bitvavo and Nasdaq have entered into an agreement to use the Market Surveillance technology across the crypto exchange, as per an announcement on July 31. The exchange seeks to further boost the trust, transparency, and integrity of its marketplace ahead of MiCA implementation.
Amsterdam, the Netherlands-headquartered crypto exchange Bitvavo aims to bolster market abuse detection through detailed trading insights, order book replay with a consolidated audit trail, and analyze suspicious activity through alerts. The Nasdaq Market Surveillance will help the exchange in producing detailed reports to share with regulators.
“Partnering with Nasdaq allows us to leverage their proven expertise to effectively detect, monitor, and mitigate market abuse risks, enhance operational efficiency, and provide a more secure and stable trading environment for our clients,” said Jeetan Patel, Chief Risk Officer at Bitvavo.
Also Read: Fidelity Launches Bitcoin ETP On London Stock Exchange
Compliance With MiCA
The technology will also help Bitvavo to support early compliance with the EU’s Markets in Crypto-Assets Regulation (MiCA). The new legal framework will support digital asset market by regulating crypto asset trading and ensuring consumer protection. Also, it places strict rules and requirements on crypto exchanges to detect and report potential market abuse.
Tony Sio, Head of Regulatory Strategy and Innovation at Nasdaq, said: “Our market surveillance technology can play a powerful role in enhancing the integrity of digital asset exchanges, helping to deliver many of the objectives of the incoming MiCA regulation.”
At the recent EthCC event, Circle’s policy head, Patrick Hensen, outlined the transformative impact MiCA could have on the industry.
Also Read: Binance Announces Listing Of These Trending Crypto Ahead Market Recovery
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- BlackRock Bitcoin ETF Ranks Among Top ETFs In 2025 Despite Crypto Downturn
- Stablecoin Adoption Deepens as Klarna Turns to Coinbase for Institutional Liquidity
- Ripple, Circle Could Gain Fed Access as Board Seeks Feedback on ‘Skinny Master Account’
- Fed’s Williams Says No Urgency to Cut Rates Further as Crypto Traders Bet Against January Cut
- Trump to Interview BlackRock’s Rick Rieder as Fed Chair Shortlist Narrows to Four
- Will Solana Price Hit $150 as Mangocueticals Partners With Cube Group on $100M SOL Treasury?
- SUI Price Forecast After Bitwise Filed for SUI ETF With U.S. SEC – Is $3 Next?
- Bitcoin Price Alarming Pattern Points to a Dip to $80k as $2.7b Options Expires Today
- Dogecoin Price Prediction Points to $0.20 Rebound as Coinbase Launches Regulated DOGE Futures
- Pi Coin Price Prediction as Expert Warns Bitcoin May Hit $70k After BoJ Rate Hike
- Cardano Price Outlook: Will the NIGHT Token Demand Surge Trigger a Rebound?
