EU Banking Watchdog Calls for Crypto Lending Rules Under MiCA

EU could tighten access to DeFi lending as EBA pushes new MiCA rules

The European Union has moved closer to tighter oversight of DeFi lending access after the European Banking Authority called for crypto borrowing and lending services to be brought within the scope of the bloc’s Markets in Crypto Assets framework. According…

EU Banking Watchdog Calls for Crypto Lending Rules Under MiCA

The EBA urged the European Commission to consider bringing crypto lending and DeFi access under MiCA, including leverage limits and suitability tests.

Crypto Lending Under MiCA: EBA Pushes DeFi Access Into EU Rules Regulations ETHNews

The EBA wants intermediated crypto lending added to MiCA’s list of regulated services. Firms that connect EU clients to DeFi lending protocols could face suitability tests, leverage limits and extra disclosures. A proposed certification scheme would decide which DeFi lending protocols licensed firms may use. EU central banks separately asked Brussels to rewrite MiCA’s stablecoin […]

EBA Urges EU to Bring Crypto Lending Under MiCA Rules

The banking watchdog proposed reviewing borrowing, lending and access to decentralized-finance protocols under the European Union’s crypto framework.