Europe’s top banking supervisor is pressing Brussels to widen the scope of its landmark crypto rulebook, arguing that lending activities and certain services tied to decentralized finance have outgrown the current framework and now pose risks to consumers that regulators cannot properly monitor.

The European Banking Authority (EBA) published its formal response to the European Commission’s targeted consultation on reviewing the Markets in Crypto-Assets Regulation (MiCA) on September 24, 2026. The submission does not change existing law, but it lays out a clear set of priorities for the next phase of EU crypto policy: third-country multi-issuer stablecoin schemes, crypto-asset classification standards, and oversight of crypto lending,…