European Commission exploring expansion of MiCA regulations to cover tokenization and non-EU stablecoin issuers, with stakeholder feedback deadline Sept. 30.
DeFi & Yields ·
The European Commission is planning to expand the Markets in Crypto-Assets Regulation (MiCA) to address tokenization and stablecoin issuers based outside the European Union, according to reports. The move reflects regulators' effort to keep the framework current as the crypto and digital asset landscape evolves.
MiCA, which entered into force across EU member states in late 2023, currently establishes rules for crypto-asset services and issuers. The expansion would extend regulatory oversight to cover emerging use cases and foreign stablecoins operating in European markets. Alongside this initiative, the European Parliament has adopted a formal policy calling for the Commission to clarify how existing MiCA rules apply to decentralized finance, staking, crypto lending, and non-fungible tokens.
The scope and timeline of the regulatory amendments remain unclear. It is not yet specified whether the Commission will pursue formal rule changes, guidance documents, or enforcement actions, nor has it announced when such measures might be introduced.