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EU ESMA Proposes MiCA Rules to Include DeFi Gateways, Staking, and Lending in Regulatory Scope
The European Securities and Markets Authority's (ESMA) proposed MiCA rules aim to bring DeFi gateways, staking, and lending activities under regulation. The regulator also seeks to prohibit crypto companies from offering all MiCA-licensed services involving non-compliant stablecoins, and will extend the scope of restrictions to custody and transfers.
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