European Parliament calls for wider crypto regulation review

The European Parliament has adopted a policy position calling for a review of how emerging digital-asset activities should be regulated after the rollout of MiCA.

The report asks the European Commission to assess whether decentralised finance, staking, crypto lending and borrowing, NFTs and tokenised assets need clearer regulatory treatment.

The position does not amend MiCA or create immediate new obligations for crypto firms.

Instead, it signals Parliament’s view that the EU should examine activities that remain partly outside the current crypto-asset framework.

Lawmakers also warned that inconsistent national approaches could fragment the EU digital-asset market and weaken the single-market benefits of MiCA.

The report comes after MiCA’s transition period ended on 1 July 2026, requiring in-scope crypto-asset service providers to obtain authorisation to continue operating in the EU.

Parliament also takes a more supportive view of tokenisation and euro-denominated stablecoins, arguing that regulated digital assets could contribute to the competitiveness of the EU financial markets.

Any expansion of crypto regulation would require further Commission work and separate legislative steps.

Why does it matter?

The report points to the next phase of the EU crypto regulation after MiCA. DeFi, staking, crypto lending, NFTs and tokenised financial assets are increasingly important parts of the digital-asset market, but they do not all fit neatly inside MiCA’s current scope. A review could bring more legal certainty and consumer protection, but it could also raise compliance costs and shape Europe’s competitiveness in digital finance. The key issue is whether the EU can expand oversight without fragmenting innovation or creating divergent national rules.

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