The MFSA is seeking feedback on whether decentralization should be assessed as a spectrum rather than a binary concept. Malta's financial regulator is exploring how decentralized finance (DeFi) could fit within the European Union's MiCA framework. The MFSA said many DeFi projects retain several centralized features in a discussion paper published Wednesday. EU's framework for regulating crypto excludes services provided in a fully decentralized manner, but lacks a clear descripti…
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