EU Parliament Committee Seeks Review of Additional Regulations for DeFi, Staking, Lending, and NFTs

The European Parliament's Committee on Economic and Monetary Affairs (ECON) has called for a review of whether additional regulations are needed for digital-asset services, including decentralized finance (DeFi), staking, lending, and non-fungible tokens (NFTs).

In a report adopted ahead of a plenary vote, ECON recommended assessing whether these services should be brought within the scope of the Markets in Crypto-Assets regulation (MiCA). MiCA's transition period for existing operators will end on July 1, after which crypto-asset service providers in the EU will need MiCA authorization to continue operating.

The report also called for broader tokenization across financial services and support for euro-denominated stablecoins. It warned that the EU digital-asset market could become fragmented if member states introduce their own rules beyond MiCA, stressing the need for consistent application of the framework.