EU Launches MiCA Crypto Rules Review as Key Negotiator Urges More Proportionality
Summary
The European Commission has launched a public consultation to evaluate the performance of the Markets in Crypto-Assets (MiCA) regulation, the EU's comprehensive framework for digital assets. Stakeholders are invited to submit feedback by August 31, 2026, to help officials determine if adjustments are needed to stay competitive amidst shifting global standards. Key negotiator Ondřej Kovařík has called for greater proportionality, arguing that current rules place an undue burden on small startups compared to large international exchanges, and suggests reform for stablecoin regulations to better compete with US dollar-denominated tokens.
(Source:BeInCrypto)