Crypto industry looks to stablecoins and DeFi revisions in MiCA 2.0

Written by Aaron Woodstaff writerReviewed by Aaron Woodstaff writerWritten by Aaron Woodstaff writerReviewed by Aaron Woodstaff writerCrypto industry looks to stablecoins and DeFi revisions in MiCA 2.0 FeaturesPublishedJun 20, 2026The European Commission is seeking comment on how it can tweak MiCA, its regulatory framework for the crypto and blockchain industries. In May, the European Commission opened a comment period, seeking feedback on regulations for the cryptocurrency and blockchain industries. The comment period will precede eventual revisions and additions to the Markets in Crypto Assets (MiCA) legislative framework. Some have already dubbed the expected new framework “MiCA 2.0.”Katie Harries, director and head of policy for Europe at Coinbase, told Cointelegraph that there are several key areas where “refinements could help ensure the framework remains competitive in the next phase of digital asset regulation.”With an updated version of EU crypto law, the crypto industry is looking for more regulatory clarity in DeFi, stablecoins and tokenization.MiCA was just the first stepFull application and enforcement of MiCA rules began on December 30, 2024, with the first licenses issued in the first months of 2025.While the legislative process was long and complex, the EU still managed to create a regulatory framework for crypto ahead of the United States. Per Harries, “MiCA helped set an early global benchmark for digital asset regulation and gave the EU a first-mover advantage.”It represented an “important first move” for the EU which created a “a single, harmonised rulebook for crypto” among its member states. “It gave consumers greater protection and transparency, while providing businesses with the regulatory clarity needed to build, invest and grow across the bloc.”Harries said that, for Coinbase, MiCA provided a foundation on which it can expand its business in Europe into “the next phase of adoption across both retail and institutional markets.”Now, Bruss…

Crypto industry looks to stablecoins and DeFi revisions in MiCA 2.0

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