CoinWorld news, the European Parliament's Committee on Economic and Monetary Affairs (ECON) has recommended in a non-binding report that the European Commission assess whether regulatory rules should be established for activities such as DeFi, staking, NFTs, and crypto lending, and study whether more crypto activities should be included in the MiCA framework. The report also calls for promoting the tokenization of financial services and encouraging the development of euro-denominated stablecoins. The report is expected to be submitted to the European Parliament plenary session for a vote on July 7. Even if passed, it will not directly amend MiCA or create new legal obligations.

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NotYourExitLP
· 3h ago
Financial service tokenization is interesting, and the pace of traditional finance moving onto the blockchain is accelerating.
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Lime-ColoredStop-LossLine
· 3h ago
The report itself has no legal effect, but the signal is clear: crypto can't stay in the gray zone in Europe forever.
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GateUser-af0ea0c9
· 3h ago
If a euro stablecoin can really take off, it would act as a game-changer for US dollar stablecoins—Europe has long been trying to build its own payment system.
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NeonHalf-MeltedIceCream
· 3h ago
July 7 is worth paying attention to. Although it does not directly change MiCA, the committee's subsequent actions will affect the entire European ecosystem.
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ReorgPanicButton
· 3h ago
NFTs and lending must also be regulated. Innovators will have headaches again. The old dilemma of innovation vs. compliance.
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TvlAt3A.m.
· 3h ago
Staking service providers might be the most nervous—with PoS so widespread, once the regulatory framework comes out, their business models will need to be restructured.
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