Regulation
European Commission kicks off MiCA review — stablecoins, DeFi and staking in focus
Summary from Crypto Briefing / Bitcoin.com·May 20, 2026

Just two years after MiCA took effect, the European Commission opens a broad review. Interest on stablecoins and DeFi oversight are on the table.
The European Commission has opened a public consultation on updates to the MiCA framework, Crypto Briefing and Bitcoin.com report. It's a broad review of the rules for stablecoins, decentralized finance (DeFi), staking and tokenized assets.
Among the most contentious points are a possible ban on interest on stablecoins as well as expanded oversight of DeFi protocols — areas where MiCA in its current form leaves clear gaps.
The consultation shows how fast the digital asset field is evolving — and how Brussels is trying to keep up without losing its grip on financial stability.