Cardano Foundation Urges EU to Enhance MiCA Without New Crypto Regulations
The Cardano Foundation advocates for improving existing EU crypto rules rather than creating new ones for DeFi and staking.
The Cardano Foundation advocates for improving existing EU crypto rules rather than creating new ones for DeFi and staking. Cardano (ADA) is trading at ₹21.35 ($0.2247), down 0.2% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Wed, 21 Oct 2026 09:00:01 UTC.
This stance highlights the ongoing debate over the scope of EU crypto regulation and its potential impact on innovation in decentralized finance and blockchain technologies.
- Cardano Foundation opposes new EU regulations for DeFi and staking.
- They suggest improving the existing MiCA framework instead.
- ADA price rose 4.33% in the past 24 hours amid broader market gains.
- Cardano Readies Leios Upgrade to Enhance Blockchain Performance
- Cardano Foundation Urges EU to Enhance MiCA Without New Crypto Regulations — this brief
The 
Cardano Foundation has submitted a response to the European Union, advocating against the expansion of crypto regulations to cover decentralized finance (DeFi), staking, and other blockchain activities.
Instead, the foundation recommends that policymakers focus on improving the existing Markets in Crypto-Assets Regulation (MiCA) to address the evolving crypto landscape more effectively.
This position comes as the EU continues to refine its regulatory approach to cryptocurrencies and blockchain technologies, with MiCA being a key component of its strategy.
The Cardano Foundation's stance reflects a wider industry concern that overly restrictive regulations could stifle innovation in the rapidly growing DeFi and staking sectors.
As of October 3, 2023, the total cryptocurrency 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%.
Since this brief published about 56 minutes ago, Cardano (ADA) has moved from ₹21.39$0.2252 to ₹21.35$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 Token Times'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 ≈ ₹23.45 (about $0.2247), up 4.3% over 24 hours. The rupee itself trades about 9.8% above the official rate on the P2P market, so a Indian 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.
Token Times 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 main argument regarding EU crypto regulation?
The foundation argues that the EU should improve MiCA rather than create new regulations for DeFi and staking.
How has the market reacted to the Cardano Foundation's statement?
ADA's price rose 4.33% in the past 24 hours, though it remains down 4.16% over the last week.
What is the current state of the cryptocurrency market?
The total market cap is $2.85 trillion, with Bitcoin up 2.13% in the past day.
How much is 1 Cardano worth in rupee today?
About ₹23.45 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.2247. The rupee price moves with both ADA's US-dollar price and the USDT/INR rate; use our Cardano in rupee 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 ₹21.35 ($0.2247) now versus ₹21.39 ($0.2252) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times 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 Token Times 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.