EU Parliament Adopts New Digital Assets Policy After MiCA Transition Ends

The European Parliament adopted a position paper on digital assets Tuesday, outlining how the EU should approach crypto regulation following the rollout of its Markets in Crypto Assets framework. The paper calls on the European Commission to assess whether decentralized finance, crypto lending and borrowing, staking, and NFTs should fall more clearly under EU regulatory oversight.

Policy Position, Not Binding Law

The vote turns the report into Parliament’s formal stance on digital assets but does not amend MiCA directly or create new legal obligations for crypto firms. It also urges consistent enforcement of MiCA across member states, warning against national rules that could fragment the EU’s digital asset market.

Timing Follows End of MiCA Transition Period

MiCA’s transitional period closed on July 1, requiring crypto-asset service providers covered by the framework to secure bloc-wide or national authorization to keep operating in the EU. The report reflects growing pressure in Brussels to address crypto activities that remain outside MiCA’s current scope, including staking, lending, and tokenized financial assets.

Commission Already Reviewing Possible Changes

The European Commission opened a public consultation in May seeking feedback on expanding MiCA’s coverage, including whether restrictions on interest-bearing stablecoins should be revisited. The Parliament report also took a more supportive tone toward tokenization and euro-denominated stablecoins, arguing consistent regulation could strengthen the competitiveness of EU financial markets.