AaveAave Labs files MiCA review response to European Commission
Aave Labs has submitted its response to the European Commission's MiCA Review Consultation, laying out its regulatory recommendations for the EU's crypto-asset framework. In the submission, Aave Labs recommends regulating intermediaries rather than software, protecting self-custody, preserving savers' returns from lending, and letting euro stablecoins compete.
- Response was announced via Aave's X account, with the full document linked below the posts
- Follows the EU's ongoing review of MiCA as it assesses the regime's first years in force
Sources
- Find Aave Labs' response here: https://t.co/fAmmYAeNvw Replying to their earlier post: Aave Labs submitted its response to the European Commission’s MiCA Review Consultation. We recommend regulating intermediaries rather than software, protecting self-custody, preserving savers' return…x.com ↗
- Aave Labs submitted its response to the European Commission’s MiCA Review Consultation. We recommend regulating intermediaries rather than software, protecting self-custody, preserving savers' returns from lending, and letting euro stablecoins compete. Full response below ↓ https://t.co/EbJeqTI6zMx.com ↗
Aave
We built Aave Protocol, an open source and non-custodial liquidity protocol and the Aave app, a web interface for users to interact directly with the protocol.
