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Cardano Foundation Pushes Back On Expanding MiCA Rules To Protocol-Level DeFi

Published Source: BitcoinistRead original

Crypto Insight Summary: TL;DR: In a newly published explanation of its European consultation response, the Cardano Foundation argues for regulating activities and intermediaries rather than creating blanket rules for decentralised technology. The Cardano Foundation has spelled out why it believes Europe’s next round of crypto policymaking should avoid treating every blockchain interaction as a regulated financial service. In […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Regulatory clarity debate may affect sentiment but unlikely to cause major market shifts.

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Cardano Foundation Pushes Back On Expanding MiCA Rules To Protocol-Level DeFi — Crypto Insight