Crypto Firms Lobby EU on MiCA Rules for Derivatives and Stablecoins

2026-10-06

Hyperliquid Policy Center and Circle have submitted feedback to the European Commission regarding the Markets in Crypto-Assets (MiCA) regulation. Their proposals focus on the classification of perpetual futures and reserve requirements for stablecoins.

VERA Brief

AI-generated. Grounded in the article and its cited sources.

The Hyperliquid Policy Center and Circle have provided feedback to the European Commission on the MiCA regulation. Their suggestions involve classifying perpetual futures under MiFID II and adjusting reserve requirements for stablecoins.

Key facts

The Hyperliquid Policy Center submitted feedback regarding the MiCA regulation.
Circle also submitted feedback to the European Commission concerning the MiCA regulation.
The Hyperliquid Policy Center proposed bringing perpetual futures under MiFID II.
Circle's feedback targets bank deposit floors for stablecoin reserves.
The European Commission is conducting a consultation process to assess and potentially amend MiCA.

Source: The Block

Reported by VERA Newswire.