Malta’s financial regulator explores bringing parts of DeFi under MiCA’s orbit
Malta’s financial regulator is exploring how decentralized finance (DeFi) could fit within the European Union’s Markets in Crypto-Assets (MiCA) framework, focusing on governance, accountability and the meaning of “full decentralization.” The Malta Financial Services Authority (MFSA) said that while MiCA excludes cryptocurrency services provided in a “fully decentralised manner without any intermediary,” many DeFi projects...
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