Cardano Foundation Urges EU Not to Extend MiCA to DeFi and Staking

The Cardano Foundation's pushback lands at a pivotal moment for EU crypto policy: MiCA's scope is being tested before its full implementation, and how DeFi and staking are treated will set a precedent for other jurisdictions. The foundation's risk-based argument is a familiar industry line, but its timing suggests concern that a broad extension could fragment compliance and chill innovation. What matters is whether EU policymakers treat staking as a distinct activity or fold it into existing custody and trading rules. The open question is whether this intervention gains traction or remains a lone industry voice.