EN ▼
Favorites
My Favorites
View All
Market Cap Price 24h%

Disclaimer: Content does not constitute investment advice. Trading involves risks—please invest with caution!

European Parliament hints at expanding cryptocurrency regulation

2026-07-09 12:15:51
Bookmark

European Parliament signals: Crypto regulation may expand

The European Parliament recently approved a policy document recommending strengthening the regulatory framework for crypto assets within the EU to exceed the existing \"Crypto Asset Markets Act\"(MiCA) guidelines. Although the document does not modify existing law, it outlines a strategic vision for the EU\'s digital asset system.

What is the next step after MiCA?

The European Parliament urges the European Commission to assess whether certain activities that currently do not fall within the jurisdiction of MiCA require regulatory attention. As the MiCA transition period ends on July 1, crypto asset service providers within the framework must be authorized to operate within the EU. Lawmakers emphasized the need to strengthen supervision in areas such as decentralized finance (DeFi), crypto lending, pledges and NFT to protect users and promote industry development. Lawmakers called for an assessment of whether areas not currently covered by MiCA-such as decentralized finance, crypto lending, pledges and NFT-should be included in future EU rules.

Ensuring regulatory coordination within the EU

This policy not only requires a review of new areas, but also emphasizes the importance of uniformly applying rules across all EU countries. Individual national practices can lead to regulatory loopholes and undermine a single market for digital assets. Therefore, the document advocates coordinated efforts among regulators to unify industry standards and create a cohesive EU market for crypto services. The document emphasizes that MiCA should be implemented uniformly by all member states and warns that different practices among countries may create regulatory loopholes.

Supporting blockchain innovation and euro stablecoins

While calling for strengthened supervision, the policy also demonstrates support for digital innovation, especially tokenization. Parliament believes that tokenization is expected to enhance the accessibility and efficiency of assets, thereby strengthening the European financial ecosystem. A stablecoin pegged to the euro is also seen as a positive factor and is believed to strengthen the EU\'s digital economy.

Recent developments include:

The European Commission is continuing to review MiCA;
a public consultation on regulating other crypto activities was launched in May this year;
is considering establishing rules for interest-bearing stablecoins.

The European Parliament\'s proposal reveals the need for adaptive regulation that both unifies supervision standards and embraces technological progress. As discussions advance, the EU will continue to seek a balance between regulatory rigour and innovation to cope with the complexity posed by digital currency and blockchain technology.

Disclaimer:

All content published on this website, including hyperlinks, related applications, forums, blogs, and other media accounts, originates from third-party platforms and their users. CoinMarketInsight makes no representations or warranties of any kind regarding the website or its content. All blockchain-related data and materials are provided for informational and research purposes only and do not constitute financial, legal, or investment advice. Users and third parties are solely responsible for the content they publish. CoinMarketInsight shall not be liable for any losses arising from the use of this website. You should exercise caution and conduct your own independent research, review, analysis, and verification before making any decisions.

Read Full Article
More News
TOP

TOP