Cardano Foundation pushes back against MiCA expansion, advocating for risk-based oversight to protect DeFi and staking innovation within the European Union.
Cardano Foundation's call against expanding MiCA rules to DeFi and staking could reduce regulatory uncertainty for ADA.
The Cardano Foundation has formally requested that EU regulators avoid expanding MiCA rules to cover decentralized finance and staking protocols. The organization argues that oversight should focus strictly on financial risk rather than underlying technology to prevent regulatory fragmentation.
The Foundation opposes expanding MiCA regulations to include DeFi and staking, arguing that rules should target financial risks instead of specific technologies.