🏛 $ADA: Foundation Urges EU to Shield Staking From MiCA Expansion
The Cardano Foundation submitted a 19-page filing urging the European Commission not to expand MiCA to decentralized finance and staking. It emphasized that delegating native $ADA to secure the network requires neither surrendering custody nor locking tokens. Regulators like ESMA are currently weighing stricter safeguards, leaving future European policy boundaries for non-custodial staking still undecided.
#ADA #CryptoRegulation
The Cardano Foundation submitted a 19-page filing urging the European Commission not to expand MiCA to decentralized finance and staking. It emphasized that delegating native $ADA to secure the network requires neither surrendering custody nor locking tokens. Regulators like ESMA are currently weighing stricter safeguards, leaving future European policy boundaries for non-custodial staking still undecided.
#ADA #CryptoRegulation