The European Commission is seeking comments on how it can tweak MiCA, the regulatory framework it uses for the crypto and blockchain industries. The consultation centers on how the existing framework could be adjusted, rather than on a final set of new rules. Cointelegraph’s report places the discussion under the banner of MiCA 2.0 and highlights the crypto industry’s focus on revisions involving stablecoins and decentralized finance.
MiCA 2.0 discussion centers on regulatory adjustments
Based on the information provided, the European Commission is gathering feedback on possible changes to MiCA. The framework already serves as a key regulatory structure for crypto and blockchain activity in Europe, so any discussion about its next iteration is tied to how the rules are written, how they apply, and how comments from the sector are considered.
The report’s focus points to two areas being watched by the crypto industry: stablecoins and DeFi. Stablecoins are a major part of crypto market infrastructure, while DeFi refers to blockchain-based financial applications. At this stage, the concrete issue is the Commission’s request for comment on MiCA adjustments; any specific wording or final revisions would depend on later official materials.