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

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

Concerns about MiCA being used to regulate DeFi may be valid despite intentions to exclude it. Close examination of the text is needed to assess any risks.