What Is the Potential Impact of MiCA Regulation on DAO Fundraising in the EU?
The EU's Markets in Crypto-Assets (MiCA) regulation aims to create a harmonized legal framework for crypto assets. It introduces requirements for whitepapers, authorization, and consumer protection.
For DAOs, MiCA may impose stricter compliance rules on public token offerings, potentially requiring specific disclosures and legal entity formation, which could restrict their current decentralized fundraising methods.