DeFi DAOs Face Scrutiny: ECB Paper Questions Decentralization Claims Under MiCA Regulation
A new analysis from the European Central Bank casts significant doubt on the operational decentralization of major DeFi protocols, directly challenging their potential exemption from the EU’s landmark crypto asset regulation framework. Published on March 26, 2026, the ECB working paper provides a stark, data-driven examination of governance concentration within four leading decentralized autonomous organizations […]
