Malta proposes DeFi rulebook covering DAOs under MiCA-era framework

CoinTelegraph·

Malta proposes DeFi rulebook covering DAOs under MiCA-era framework

60-second summary

Malta's regulator proposes a rulebook for decentralized finance (DeFi) software-governed organizations, covering DAOs under the MiCA-era framework. The framework aims to regulate DeFi projects that are not fully decentralized. The regulator seeks industry feedback, focusing on the line between decentralized and centralized projects, with implications for the DeFi industry's regulatory landscape and potential increased oversight.

The Maltese regulator is seeking industry feedback on a legal framework for software-governed organizations, arguing that many DeFi projects are not fully decentralized.