---
title: "Cardano Foundation asks EU not to extend MiCA rules to DeFi and staking"
description: "The Cardano Foundation urged European Union policymakers not to broaden MiCA rules to cover DeFi and staking, according to Cointelegraph. The foundation argued regulation should target financial risks rather than technology, warning that overlapping rules could create uncertainty for crypto…"
language: en
canonical: "https://whycoinmoves.com/en/events/cardano-cardano-foundation-urges-eu-against-f631bb653be7cf"
published: 2026-10-21T18:04:59.000Z
updated: 2026-10-22T18:04:59.000Z
indexable: false
---

# Cardano Foundation asks EU not to extend MiCA rules to DeFi and staking

The Cardano Foundation urged European Union policymakers not to broaden MiCA rules to cover DeFi and staking, according to Cointelegraph. The foundation argued regulation should target financial risks rather than technology, warning that overlapping rules could create uncertainty for crypto…

Attributed sources: [Cointelegraph](<https://cointelegraph.com/news/cardano-foundation-urges-eu-against-expanding-mica-rules-to-defi-and-staking>)

## Key facts

The Cardano Foundation urged European Union policymakers not to broaden MiCA rules to cover DeFi and staking, according to Cointelegraph. The foundation argued regulation should target financial risks rather than technology, warning that overlapping rules could create uncertainty for crypto businesses across the EU.
Evidence strength: Single source, 1 publisher group(s) (Cointelegraph); this describes source coverage, not truth or causation.
After site detection, observed returns were 5 minutes: +0.11% (difference from BTC +0.12 pp; 21/10/2026, 18:04 → 21/10/2026, 18:09, UTC; Gate · USDT); 1 hour: -0.67% (difference from BTC -0.20 pp; 21/10/2026, 18:04 → 21/10/2026, 19:04, UTC; Gate · USDT); 24 hours: -7.75% (difference from BTC -3.42 pp; 21/10/2026, 18:04 → 22/10/2026, 18:04, UTC; Gate · USDT). Unlisted windows are unavailable.
In the preceding 30 days, the 99th percentile of absolute hourly returns was 3.01% (OKX · USDT; cutoff 21/10/2026, 18:04, UTC). This hourly baseline is not directly comparable with a minute move.

## Returns after site detection

| Window | Return | BTC | Difference from BTC | Actual sampled interval (UTC) | Source |
| --- | --- | --- | --- | --- | --- |
| 5 minutes | +0.11% | -0.01% | +0.12 pp | 21/10/2026, 18:04 → 21/10/2026, 18:09 | Gate · USDT |
| 1 hour | -0.67% | -0.47% | -0.20 pp | 21/10/2026, 18:04 → 21/10/2026, 19:04 | Gate · USDT |
| 24 hours | -7.75% | -4.33% | -3.42 pp | 21/10/2026, 18:04 → 22/10/2026, 18:04 | Gate · USDT |

## Historical hourly baseline

| Metric | Value |
| --- | --- |
| Ready | true |
| Coverage | 100.0% (720/720) |
| Median absolute hourly return | 0.45% |
| 99th percentile of absolute hourly returns | 3.01% |
| BTC beta | 1.97 |
| Source / cutoff (UTC) | OKX · USDT / 21/10/2026, 18:04 |

## Claims and open questions

- The Cardano Foundation called on the EU to keep MiCA from expanding to DeFi and staking, arguing for regulation based on financial risks rather than technology, Cointelegraph reported.
- The foundation warned that overlapping rules could create uncertainty for crypto businesses across the EU, per Cointelegraph.
- Which EU bodies or legislative proposals the foundation addressed, and whether it filed a formal consultation response, would clarify the scope of its push.
- What specific MiCA provisions the foundation considers a risk of overlapping with DeFi and staking rules would show how far its requested carve-out reaches.

## Source evidence

- [Cardano Foundation urges EU against expanding MiCA rules to DeFi and staking](<https://cointelegraph.com/news/cardano-foundation-urges-eu-against-expanding-mica-rules-to-defi-and-staking>) — Cointelegraph; published 21/10/2026, 17:57; received 21/10/2026, 18:04 (UTC).


## Recent ADA events and market reactions

- [Why did ADA drop 1.60% in 5 minutes? Evidence check: Cardano falls in a market-wide move as most tracked coins decline · 2026-10-22](<https://whycoinmoves.com/en/events/cardano-move-1792687800>) — Received 22/10/2026, 16:51 (UTC) · Cause unresolved · Market watch · 5m +0.75% / 1h +1.13%
- [Full coin archive](<https://whycoinmoves.com/en/coins/cardano>)

## Recent Regulation events on other coins

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- [Regulation](<https://whycoinmoves.com/en/topics/regulation>)

## Research for this archive

- [Does crypto news move prices or follow them? A timestamp audit](<https://whycoinmoves.com/en/research/announcement-timestamps-and-causality.md>)
- [ONDO and RWA tokenization: does growth benefit token holders?](<https://whycoinmoves.com/en/research/ondo-rwa-growth-and-token-rights.md>)
- [Bitcoin institutional adoption: CME, spot ETFs and SPY correlation](<https://whycoinmoves.com/en/research/bitcoin-market-structure-and-institutional-access.md>)
- [XRP lawsuit and Ethereum ETFs: reading SEC filings and rulings](<https://whycoinmoves.com/en/research/regulatory-filings-versus-media-headlines.md>)

[Methods and limitations](<https://whycoinmoves.com/en/methodology>)
Publisher count is not independent evidence count. Price changes cannot verify news or prove causation.