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EBA Outlines Possible MiCA Rules for Crypto Lending and DeFi Access

The EBA has outlined potential MiCA rules for crypto lending and firms providing access to DeFi protocols. The proposals are part of the European Commission’s review of the EU’s crypto-asset regulatory framework.

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EBA Outlines Possible MiCA Rules for Crypto Lending and DeFi Access

The European Banking Authority has outlined potential rules covering crypto lending and firms that provide access to decentralized finance protocols. The proposals form part of the European Commission’s review of the Markets in Crypto-Assets Regulation, known as MiCA, according to Cointelegraph. The development signals that lending services and intermediaries linked to DeFi could receive closer regulatory attention as the EU assesses how its crypto framework should evolve. The source did not provide details on the proposed requirements, their timing, or the firms and assets that could be affected. The EBA’s work is relevant to the broader crypto market, including tokens such as Celestia (TIA), Comedian (BAN), Dog Go to the Moon (DOG), Lorenzo Protocol (BANK), and Propy (PRO), although no direct impact on these assets was specified.

Source Cointelegraph Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
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