Cardano Foundation urges EU against expanding MiCA rules to DeFi and staking
Summary
The Cardano Foundation has asked European Union regulators not to apply MiCA rules to staking and decentralized finance. The organization argues that oversight should focus on financial risks instead of specific technologies to prevent regulatory confusion for crypto companies in the region.
The foundation called for regulation based on financial risks rather than technology, warning that overlapping rules could create uncertainty for crypto businesses across the EU.
Source: Read the full story at Cointelegraph.com News
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