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Europe loves the rules. And she doesn’t pretend. After the Mica, his crypto arsenal strengthens. By 2026, this time it focuses on the regulatory wave. This announcement gives the crypto actors in alert. Because behind the words “Defi regulation” hides worrying legislative vagueness. A vacuum where each line of code could become a legal risk.
In short
- The European Union has determined targeted defi regulation since 2026, without a clear definition.
- Sica II is abandoned, but partial legislative revisions will continue to fill gaps.
- It provides alarming obligations for developers and decentralized platforms.
- The legal framework could assimilate a definitive threat in regulatory coverage.
Legal shock from 2026 in Krypt’s Universe
The European Union is preparing to shake a crypto ecosystem Targeted regulation of decentralized finances. So far, Mica has proven tokens, providers and stablecoins. But he did not integrate the deficit, voluntarily left in the gray area. This time Brussels wants to fill the void.
Institutions will begin from 2026 Legally define the concept of “decentralization”. To date, no text does not give a clear definition. The Recital 22 of the shell He acknowledges that platforms ” fully decentralized »Escape from his application. However, this exemption raises more questions than it provides answers.
The European Commission therefore provides Evaluation of the framework every 12 to 18 months. This rate confirms a number of legislative modifications. Target? Make sure Defi platforms meet the requirements for transparency and securitycomparable to centralized actors. But at what price?
Costs could be Heavy for developers with an open source code. If the defi protocol, it will be assimilated for financial service providers, it could be subject to Kyc, audit or even minimal capital obligations. A thought that hit Cypherpunk ethics of a crypto ecosystem.
SIDA II: A buried thought or disguised resurrection?
Christine Lagarde dreamed of it. Snída II had to Strengthen the regulatory network around stationsLending and programmable finances. In 2025, however, this ambition seems to be rowed in the closet.
” You may have heard of Snída II. It’s not on the agenda “Said Marina Markezic, EUCI Director. The European Executive Director prefers the choice for targeted legislative changes. Result: no new founding text but a bunch of specific regulationsHe often discussed less publicly.
This choice is political. After the failure of FTX, Europe wanted to avoid passive. ECB screamed in a scandal and claimed that global mica could avoid a fiasco.
With the world mica would not become FTX.
Stefan Berger, Text newsletter
But This posture hides reality : Regulation of a decentralized system, as if it were a bank, does not work. By removing the sheath II, BRussels avoids entering a direct conflict with a crypt community. But it prepares more sharp laws in the shadow without calling them.
Real Danger: Masked Re -Rebellious Infrastructure Control
What no one says loudly and clearly: Defi’s regulation could become a political weapon. PDF Slídy 2023 PDF provokes reports of reporting and taxable traceability for all technical players. Including developers simple intelligent contracts.
Behind the scenes are disturbing options:
- Impose legal liability to authors, even without an operational role;
- Forbid anonymous funds of liquidity under the pretext of combat washing;
- Assimilate Dao with unregistered companies and expose their members of prosecution;
- Force kyc to all interfaces, even decentralized;
- Criminalize the contribution to certain projects that are considered “incompletening”.
This gradual shift from European right to strengthen monitoring transforms the promise of crypt emancipation to the administrative nightmare. What awakes the old demons A big brother fiscal.
What if a fatal weapon turned to bitcoins? The long -term unlikely scenario becomes credible. Some of the texts discussed in Brussels suggest that bitcoins, as a non -defensive actor, could be excluded from exceptions from the mica. In Europe, this could soon become illegal. If its use becomes undetectable or unseen, it could be prohibited. And when financial freedom becomes a legal risk, the whole spirit of crypto is questioned.
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Blockchain and crypto revolution! And the day when the impacts will be felt on the most vulnerable economy of this world, I would say against all the promises that I was there for something
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.