๐ช๐บ The EBA wants to put crypto lending on the radar of MiCA.
The European Banking Authority recommended that the European Commission assess rules for lending and financing with cryptoassets.
And it doesnโt stop there.
The proposal also targets companies that facilitate access to lending protocols in DeFi.
On the table are possible leverage limits, more risk disclosure, suitability testing, and even certification for some protocols.
๐ The point is: the line between CeFi and DeFi is getting harder and harder to draw.
The EBA wants this market to be included in the MiCA review.
But hold on: this is not yet a new rule in force.
๐๏ธ NEInsights | Regulation & Crypto
โน๏ธ ๐๐ผ๐ป๐๐ถ๐ป๐๐ฒ๐ฑ ๐ฒ๐ ๐ฐ๐น๐๐๐ถ๐๐ฒ๐น๐ ๐ถ๐ป๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ฒ๐บ๐ฒ๐ ๐ฝ๐๐ฏ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐ ๐ฎ๐ป๐ฑ ๐ฟ๐ฒ๐ด๐๐น๐ฎ๐๐ถ๐ผ๐ป๐. ๐๐ผ ๐ป๐ผ๐ ๐ฐ๐ผ๐ป๐๐๐ถ๐๐๐ฒ ๐ฎ ๐ท๐๐ฟ๐ถ๐ฑ๐ถ๐ฐ๐ฎ๐น ๐ฎ๐ฑ๐๐ถ๐ฐ๐ฒ, ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ผ๐ฟ ๐ฝ๐ฟ๐ผ๐ณ๐ฒ๐๐๐ถ๐ผ๐ป๐ฎ๐น.
The European Banking Authority recommended that the European Commission assess rules for lending and financing with cryptoassets.
And it doesnโt stop there.
The proposal also targets companies that facilitate access to lending protocols in DeFi.
On the table are possible leverage limits, more risk disclosure, suitability testing, and even certification for some protocols.
๐ The point is: the line between CeFi and DeFi is getting harder and harder to draw.
The EBA wants this market to be included in the MiCA review.
But hold on: this is not yet a new rule in force.
๐๏ธ NEInsights | Regulation & Crypto
โน๏ธ ๐๐ผ๐ป๐๐ถ๐ป๐๐ฒ๐ฑ ๐ฒ๐ ๐ฐ๐น๐๐๐ถ๐๐ฒ๐น๐ ๐ถ๐ป๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ป ๐๐ต๐ฒ๐บ๐ฒ๐ ๐ฝ๐๐ฏ๐น๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป๐ ๐ฎ๐ป๐ฑ ๐ฟ๐ฒ๐ด๐๐น๐ฎ๐๐ถ๐ผ๐ป๐. ๐๐ผ ๐ป๐ผ๐ ๐ฐ๐ผ๐ป๐๐๐ถ๐๐๐ฒ ๐ฎ ๐ท๐๐ฟ๐ถ๐ฑ๐ถ๐ฐ๐ฎ๐น ๐ฎ๐ฑ๐๐ถ๐ฐ๐ฒ, ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ผ๐ฟ ๐ฝ๐ฟ๐ผ๐ณ๐ฒ๐๐๐ถ๐ผ๐ป๐ฎ๐น.
