2026

DeFi

would

The European Parliament (<a href="https://x.com/Europarl_EN" rel="noopener noreferrer nofollow">@Europarl_EN</a>) voted on Tuesday to adopt its official position on digital asset policy, calling on the European Commission to assess whether decentralized finance (DeFi), staking, crypto lending and borrowing, and non-fungible tokens (NFTs) should be brought within the scope of the EU's Markets in Crypto-Assets Regulation (MiCA).
<h2 id="a-political-signal-not-a-new-law">A political signal, not a new law</h2>
The resolution, <cite>if adopted, would become the Parliament's official policy position, but it would not modify MiCA or impose new obligations.</cite> The move is best read as a formal political marker: it tells the Commission where lawmakers want the regulatory conversation to go, without forcing its hand.
<cite>The recommendations form part of an own-initiative report drafted by Belgian MEP Johan Van Overtveldt, who first presented a draft in February before months of negotiations and amendments by ECON members.</cite><cite>The committee approved the text on 23 June 2026 by 38 votes to 6, with 12 abstentions, before it was tabled as A10-0186/2026 ahead of the full plenary vote.</cite>
<cite>MiCA currently focuses mainly on centralized crypto companies, such as token issuers and exchanges, leaving newer crypto activities only partly covered.</cite><cite>DeFi services that are fully decentralized and NFTs are explicitly excluded from its regulatory scope.</cite> The Parliament's vote signals growing appetite to close those gaps.
<h2 id="tokenization-euro-stablecoins-and-a-broader-agenda">Tokenization, euro stablecoins, and a broader agenda</h2>
The report does not cut only one way. <cite>It also called for promoting tokenization across financial services and encouraging euro-denominated stablecoins to support the bloc's payments infrastructure.</cite><cite>ECON also called for consistent, EU-wide application of MiCA to avoid divergent national rules that could fragment the single market.</cite>
The Parliament's position lands as the Commission is already moving in the same direction. <cite>On 20 May 2026, the European Commission launched a targeted consultation on the review of MiCA, open until 31 August 2026, examining whether the regulation remains fit for purpose as institutional adoption of digital assets accelerates.</cite><cite>A report is due to the European Parliament and Council by 30 June 2027.</cite>
<cite>Any legislative changes are expected to take several years, with revised rules unlikely to take effect before 2027 or 2028.</cite> For now, the vote confirms that EU policymakers see MiCA as a foundation to build on, not a finished project.
Sources: <a href="https://coinpaprika.com/news/eu-lawmakers-urge-review-defi-staking-nft/" rel="noopener noreferrer nofollow">CoinPaprika: EU Lawmakers Urge Review of DeFi, Staking and NFT Regulation</a> <a href="https://maples.com/regulatory-round-up/european-commission-launches-mica-review-consultation-what-you-need-to-know" rel="noopener noreferrer nofollow">Maples Group: The European Commission Launches MiCA Review Consultation</a> <a href="https://blog.ueex.com/europes-crypto-framework-is-undergoing-a-rethink-after-mica-becomes-law/" rel="noopener noreferrer nofollow">UEEx: Three Years After MiCA Became Law, Europe's Crypto Framework Is Undergoing a Rethink</a>

EU Parliament wants DEFI, staking and NFTs pulled into the rulebook

Table of Contents

BSCN

Other articles published on Jul 8, 2026

Join our free newsletter for daily crypto updates!