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ESMA Proposes MiCA Rules for DeFi Gateways, Staking and Lending

The European Securities and Markets Authority (ESMA) has proposed rules under MiCA that would regulate decentralized finance (DeFi) gateways, staking, and lending activities in the crypto sector. Additionally, ESMA plans to prohibit crypto firms from offering any MiCA-licensable services involving noncompliant stablecoins, including custody and transfers. This move aims to ensure compliance across the board.

ESMA Proposes MiCA Rules for DeFi Gateways, Staking and Lending
Image: The Defiant

The European Securities and Markets Authority (ESMA) has proposed rules under MiCA that would regulate decentralized finance (DeFi) gateways, staking, and lending activities in the crypto sector. Additionally, ESMA plans to prohibit crypto firms from offering any MiCA-licensable services involving noncompliant stablecoins, including custody and transfers. This move aims to ensure compliance across the board.

Sources

  • The Defiant — ESMA Proposes MiCA Rules for DeFi Gateways, Staking and Lending

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