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The EU is already revisiting its landmark crypto framework just two years after it took effect, with stablecoin interest bans and DeFi oversight on the table.
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The European Commission is taking a second look at MiCA, the regulatory framework it spent years building. On Wednesday, the commission launched a public consultation asking the crypto industry and general public whether the Markets in Crypto-Assets Regulation needs updating, with responses accepted through Aug. 31.
The consultation zeroes in on three areas where MiCA may need work: stablecoin interest restrictions, the treatment of decentralized finance, and classification gaps that leave certain digital assets in regulatory limbo.
