European Parliament calls for expansion of MiCA to DeFi, NFT and cryptocredit

7/8/2026, 06:36 AMЕвгения Слив

On 7 July, the European Parliament adopted a formal position on further regulation of digital assets. The report "Digital Assets - Challenges to Competitiveness and Integrity of the EU Financial System" calls for broadening oversight beyond MiCA: DeFi, cryptocredit, Staging, and NFTs. The document does not introduce direct changes to the regulation, but sets a political vector to prevent fragmentation of rules among EU countries.

Regulators have supported the development of RWA and Euro-Starbanks, noting their potential to enhance the competitiveness of the EU financial system. Public consultations on the possible expansion of MiCA began in May 2026.

Amid regulatory discussions, Binance has reaffirmed its commitment to the European market: Co-Director-General Richard Teng stated that the exchange is not abandoning MiCA and is continuing to work towards licensing through appropriate channels. Binance has previously withdrawn its application in Greece, but intends to obtain authorization in another EU jurisdiction. At the same time, Bybit warned that it would restrict some of its services to EEA residents.

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