Aave Labs Files Response to European Commission's MiCA Review
- —Aave Labs urges regulating intermediaries, not software
- —Firm advocates protecting self-custody of assets
- —Response stresses preserving savers' returns from lending
- —Aave calls for letting euro stablecoins compete
Why it matters: The MiCA review will shape how DeFi protocols operate in the EU and whether euro stablecoins can compete.
Source: Coinfomania