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Cardano Foundation Responds to EU Public Consultation Reviewing MiCA Framework

Cardano Foundation Responds to EU Public Consultation Reviewing MiCA Framework

Photo: Crypto Economy

TL;DR Regulatory Review: The Cardano Foundation responded to the European Commission’s MiCAR consultation, emphasizing technological neutrality, proportionality, and regulation. Legal Certainty: The protocol supports maintaining the distinction between MiCAR and existing financial-services laws, while calling for greater clarity. DeFi and Staking: The protocol opposes new standalone rules for DeFi and protocol-level participation, arguing that direct ... Read more

Source: Crypto Economy

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