MiCA Architect Says EU Should Prioritize Tokenization Over DeFi Rules

The European Union should focus on a broader digital-asset framework that covers real-world assets and tokenization rather than try to regulate decentralized finance through a second version of the Markets in Crypto-Assets Regulation, an adviser at the European Commission said.

The commission launched a public consultation on MiCA in May, seeking feedback through Aug. 31, and the adviser made the remarks during a fireside chat at WAIB Summit Monaco 2026. Peter Kerstens, one of MiCA’s architects, said the responses gathered during the review period will help shape the bloc’s next regulatory steps.

“I do not believe that [MiCA] is outdated now. That’s my personal opinion, but it does not matter. That’s why we have this consultation,” he said. MiCA is approaching the end of its transitional period on July 1, after which crypto-asset service providers will be required to hold a MiCA license or stop servicing EU clients.

European Union, Monaco

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