Countdown to the MiCA 2.0 consultation, how to draw the line on DeFi decentralization standards, it's even more complicated than the reserve rules for stablecoins

Coin World News reports that, according to Cointelegraph, the European Commission launched a consultation on the MICA 2.0 framework in May, covering stablecoins, DeFi, and prediction markets. The deadline to submit comments is August 31. Coinbase policy chief Katie Harries said that MICA establishes an early global benchmark for EU digital-asset regulation, and the revisions should optimize euro stablecoin reserve rules and allow non-interest incentive measures. Notabene’s compliance director Catarina Veloso noted that if stablecoins are positioned as payment infrastructure, redemption, liquidity, and reserve management will become the regulatory focus. The industry is calling for clear standards to define DeFi decentralization.