EU DeFi regulations set to welcome big banks and challenge crypto natives

New rules below THE Mica frame can encourage big banks has enter THE Challenge space, potentially complicate compliance For native crypto projects.

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Inominant rules For decentralized finance protocols In Europe could increase significant barriers has crypto-native projects while encouraging allowed traditional financial establishments has get on advice, predicted Marina Markezic, executive director of THE European Cryptocurrency Initiative.

During A interview with Cointelegraph, Markezic discussed THE European Commissions Future Challenge report, which East due Dec. 30, 2024. THE report East below THE Markets In Cryptoassets (Mica) frame And will examine THE feasibility of specific regulations For THE Challenge ecosystem.

"We think that This regulation will facilitate those [traditional] players has come In This crypto space. We know that a few banks are Already thought of deliverance stable coins", Markezic said In answer has THE expected impacts of A Challenge regulatory frame, add That...