[ESMA Recommends Expanding MiCA Scope: Bringing DeFi Entry Points, Staking, and Crypto Lending Under Regulation, Tightening Rules for Non-Compliant Stablecoin Services] GoldNews reports that on October 1, the European Securities and Markets Authority (ESMA) submitted recommendations for the MiCA review, proposing to bring DeFi entry points, staking, and crypto lending under regulation. Specific proposals include: establishing regulated crypto-asset services for DeFi access providers; imposing proportionate disclosure requirements for staking and lending; tightening rules on crypto-asset marketing (particularly targeting influencers and third-party promotions); and explicitly prohibiting regulated crypto companies from offering services related to stablecoins that do not comply with MiCA. ESMA also recommends empowering authorities to detect, block, and shut down fraudulent websites, and to freeze crypto-assets in cases of suspected market abuse or terrorist financing. These are recommendations only and do not constitute amendments to MiCA, nor do they include an implementation timeline.
ESMA Proposes Expanding MiCA to Regulate DeFi Gateways, Staking, and Crypto Lending
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Summary
On October 1, the European Securities and Markets Authority (ESMA) submitted proposals for a review of the Markets in Crypto-Assets (MiCA) regulation, suggesting that DeFi gateways, staking, and crypto lending be brought under regulatory oversight. The proposed rules aim to address liquidity and crypto market risks through proportionate disclosure requirements, stricter marketing controls, and bans on non-compliant stablecoin services. ESMA also recommended tools enabling authorities to block fraudulent activities and freeze assets in cases of abuse or financing. These are advisory proposals, not formal amendments to MiCA, and no timeline has been provided.
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