Cardano Foundation Responds to EU Public Consultation Reviewing MiCA Framework

TL;DR Regulatory Review : The Cardano Foundation responded to the European Commission’s MiCAR consultation, emphasizing technological neutrality, proportionality, and regulation. Legal Certainty : The protocol supports maintaining the distinction between MiCAR and existing financial-services laws, while calling for greater clarity. DeFi and Staking : The protocol opposes new standalone rules for DeFi and protocol-level participation, arguing that direct staking and public blockchain infrastructure should be assessed according to actual functions and risks involved. The Cardano Foundation has submitted its response to the European Commission’s consultation reviewing the Markets in Crypto-Assets Regulation (MiCAR) , offering recommendations on how the framework should evolve as regulators assess its effectiveness.

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