EU Banking Regulator Urges Crypto Lending Rules, Floats Leverage Caps and DeFi Certification
The EU’s European Banking Authority proposes extending MiCA to regulate crypto lending, including leverage caps and a DeFi certification regime.
The EBA urged the European Commission on Sept. 24 to bring crypto borrowing and lending under MiCA, citing growing volume and regulatory arbitrage risks.
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EBA crypto lending rules and DeFi certification are significant regulatory developments.