The European Commission is seeking feedback on whether MiCA should extend to decentralized finance, prediction markets and crypto perpetuals, even as one of the framework’s architects argues DeFi does not currently need dedicated rules.
One of the architects of the EU’s Markets in Crypto-Assets framework, or MiCA, said decentralized finance, or DeFi, does not currently need dedicated regulation as the European Commission consults on the future scope of the bloc’s crypto rulebook. The consultation is considering whether MiCA should be expanded to cover DeFi, prediction markets and crypto perpetual futures, highlighting a cautious policy debate over whether tighter oversight is needed for segments that have so far operated more loosely.