EU Parliament Calls for DeFi, NFT Review Under MiCA Framework After July 1 Transition

According to Crypto.news, the European Parliament on Tuesday passed a policy position requiring the European Commission to review whether DeFi, staking, crypto lending, NFTs, and tokenized financial assets should be included in the MiCA framework's next phase. The report calls for consistent implementation across member states to prevent fragmented national approaches from undermining the EU's single digital asset market.

The parliament expressed support for tokenization and euro-denominated stablecoins, with Decta data showing eight compliant euro stablecoins reached $673.9 million in market value as of June 28, representing 128% growth over 52 weeks. The MiCA transition period ended July 1, requiring crypto asset service providers to obtain authorization to continue serving EU clients.