Cardano Foundation Urges EU to Enhance MiCA Without New Crypto Rules
The Cardano Foundation has called for improving existing EU crypto regulations rather than creating new ones for DeFi and staking.
The Cardano Foundation has called for improving existing EU crypto regulations rather than creating new ones for DeFi and staking. Cardano (ADA) is trading at $0.2247, down 0.2% since this brief published. This is an original TLT brief based on reporting by Crypto.news, with live market data added, as of Wed, 21 Oct 2026 09:00:05 UTC.
This stance highlights the tension between regulating emerging crypto sectors and fostering innovation, with potential implications for the EU's competitive position in the global crypto market.
- Cardano Foundation opposes new EU crypto regulations for DeFi and staking.
- They advocate for improving the existing MiCA framework instead.
- ADA price rose 4.33% in the past 24 hours amid broader market gains.
- Cardano Readies Major Leios Upgrade to Enhance Blockchain Performance
- Cardano Foundation Urges EU to Enhance MiCA Without New Crypto Rules — this brief
The 
Cardano Foundation has submitted a response to the European Union, advocating for the improvement of the existing Markets in Crypto-Assets Regulation (MiCA) instead of introducing new rules for decentralized finance (DeFi), staking, and other blockchain activities.
The foundation's stance emphasizes the importance of not stifling innovation in the rapidly evolving crypto sector while ensuring regulatory clarity. This approach suggests a preference for adapting current frameworks rather than imposing new restrictions on emerging technologies.
Crypto.news reports that the Cardano Foundation's response was submitted on September 30, although specific details of the recommendations were not provided in the coverage.
The call for regulatory improvement comes as the EU seeks to establish itself as a leader in crypto regulation, with MiCA being a cornerstone of its strategy. The effectiveness of this approach could influence other jurisdictions' regulatory strategies.
In the current market context, the total crypto market cap stands at $2.85 trillion, with 
Bitcoin up 2.13% in the past 24 hours. Cardano (ADA), the native token of the Cardano blockchain, has seen a 4.33% increase in price over the same period, reaching $0.225174, despite a 7-day decline of 4.16%. The broader market sentiment, as indicated by the Fear & Greed Index, is at 63, indicating 'Greed.'
Since this brief published about 56 minutes ago, Cardano (ADA) has moved from $0.2252 to $0.2247 — -0.21%.
The chart plots ADA's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution; intraday detail builds over the first day). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ADA ≈ ₦306.32 (about $0.2247), up 4.3% over 24 hours. The naira itself trades about 2.3% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 21, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Cardano Foundation Urges EU to Enhance MiCA Without New Cryp — questions & answers
What is the Cardano Foundation's position on new EU crypto regulations?
The Cardano Foundation opposes new EU regulations for DeFi and staking, advocating for improvements to MiCA instead.
How has the market reacted to the Cardano Foundation's stance?
ADA's price rose 4.33% in the past 24 hours, while the overall market also showed gains.
What is the significance of MiCA in the EU's crypto strategy?
MiCA is a key component of the EU's regulatory framework, aiming to provide clarity and oversight in the crypto sector.
How much is 1 Cardano worth in naira today?
About ₦306.32 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.2247. The naira price moves with both ADA's US-dollar price and the USDT/NGN rate; use our Cardano in naira page for any amount.
Has Cardano's price moved since this brief was published?
ADA is down 0.21% since this brief first published — trading at $0.2247 now versus $0.2252 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.