European Parliament Requests European Commission to Consider Applying MiCA to DeFi, Staking, and NFTs

The European Parliament, a legislative body of the European Union (EU), adopted a policy document titled 'Digital Assets—Challenges to the Competitiveness and Integrity of the EU Financial System' on the 7th. While based on the framework of the comprehensive cryptocurrency market regulation 'MiCA' within the EU, the document also includes content requesting an assessment of whether DeFi (Decentralized Finance) and lending should fall under MiCA's scope. Furthermore, the document outlines policy...