Law & Policy

Another Q for our EU law specialist sistren/brethren: 

Are concerns about the perversion of MiCA to target DeFi well founded?

It was very clear in the legislative process that MiCA was supposed to exclude DeFi, but does the actual text leave cause for concern?

Another Q for our EU law specialist sistren/brethren: 

Are concerns about the perversion of MiCA to target DeFi well founded?

It was very clear in the legislative process that MiCA was supposed to exclude DeFi, but does the actual text leave cause for concern?

https://x.com/RuneKek/status/1775561896235585812?s=20

MiCA only mentions “decentralization” in the preamble, but it does not actually define it. Various regulatory agencies are tasked with developing the methodology, so we will have to wait and see.

Core Contributor at @beefy | Solicitor at Walker Morris | Commercial, Competition & Technology Law