According to the European Commission, policymakers are seeking industry feedback on whether to extend the Markets in Crypto-Assets regulation (MiCA) to cover decentralized finance, non-fungible tokens, staking, lending, prediction markets, and tokenized deposits, which are currently outside MiCA's scope.
The consultation, open through August 31, 2026, will also explore certification schemes for DeFi protocols, smart contracts, and non-custodial wallet providers. Regulators are weighing how to determine whether protocols are truly decentralized and whether crypto firms should only connect users to certified DeFi applications. The review further addresses gaps around crypto lending, borrowing, NFTs, prediction markets, perpetual futures, and tokenized deposits across payment and securities settlement use cases.