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MiCA Could Bring DeFi Lending Vaults Under EU Rules MiCA may soon face new rules for DeFi lending and borrowing in Europe. Earlier on May, 20, the European Commission asked stakeholders for views on areas outside the original MiCA framework. Lending vaults are a major concern because they can move billions into onchain credit markets. Their legal status remains unclear because EU law does not define a specific vault category. Experts say regulators may judge vaults by their function rather than their name. Source: Cointelegraph
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