Lawmakers push to regulate DeFi, staking, and NFTs as MiCA’s transition period concludes without covering these sectors.
The European Parliament approved a policy stance on digital assets, targeting sectors excluded from the Markets in Crypto-Assets (MiCA) regulation. The move follows growing pressure to address decentralized finance, staking, lending, NFTs, and tokenized assets, which MiCA does not currently cover.
MiCA established rules for crypto service providers and token issuers but left gaps in emerging areas. The European Commission launched a public consultation in May to assess expanding MiCA’s scope, including potential revisions to stablecoin restrictions. The Parliament’s report also advocates for euro-denominated stablecoins and tokenization to bolster EU financial market competitiveness.
The policy shift signals a broader regulatory push as enforcement of MiCA’s existing rules begins. Lawmakers argue consistent regulation across the bloc could enhance market stability and innovation.