E.U.’s MiCA Regulations Debarred DeFi, AFME Raises Concerns

E.U.’s MiCA Regulations Debarred DeFi, AFME Raises Concerns

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AFME raised concerns over MiCA excluding DeFi in a report. 
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The agency argues that the exclusion could have consequences for centralized finance. 
The AFME has raised concerns over the exclusion of Decentralized Finance (DeFi) from the upcoming MiCA, the E.U.’s crypto regulatory framework. The Association for Financial Markets in Europe (AFME), the organization representing the wholesale market of Europe, raised an alarm that the forthcoming regulations do not include a whole sector of the crypto industry – DeFi. 
MiCA Circumvents DeFi, AFME Concerned
Per the AFME’s new report, overlooking or ignoring decentralized finance might not be suitable for …
 

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