EU lawmakers adopt digital assets policy stance after MiCA transition ends

The European Parliament adopted a digital assets report calling for further assessment of DeFi, staking, crypto lending and NFTs after MiCA’s transition period ended.

EU lawmakers on Tuesday adopted a position paper on digital assets, setting out their view on how the bloc should approach crypto regulation after the rollout of its Markets in Crypto-Assets (MiCA) framework.

The paper calls on the European Commission to assess whether activities including decentralized finance (DeFi), crypto lending and borrowing, staking and non-fungible tokens (NFTs) should be brought more clearly into the EU’s regulatory perimeter. It also urges consistent application of MiCA across member states and warns against national rules that could fragment the bloc’s digital asset market.

The vote turns the report, “Digital assets – challenges for the competitiveness and integrity of the European Union’s financial system,” into Parliament’s formal policy position on digital assets, but it does not directly amend MiCA or create new legal obligations for crypto firms.

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