The European Commission has started a public consultation to review and possibly update the EU’s Markets in Crypto-Assets (MiCA) regulation, just two years after it began.
Officials said crypto markets and global rules have changed quickly since MiCA started in 2024, so the EU is checking if the framework still fits. The consultation asks for industry feedback on stablecoins, decentralized finance, staking, lending, tokenized assets, and investor protection.
A main focus is stablecoin regulation, including whether MiCA’s current limits on interest payments should change. Regulators are also looking at reserve requirements, redemption rights, and how to handle tokenized financial assets not covered by MiCA.
The consultation, open until August 31, has already started talks about a possible “MiCA 2” framework as Europe tries to keep its crypto rules up to date with the fast-changing digital asset market.
LATEST: 🏦 The European Commission has opened a consultation on whether MiCA remains fit for purpose, with feedback open until Aug. 31. pic.twitter.com/JHzCM24ccn
— CoinMarketCap (@CoinMarketCap) May 20, 2026
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