The European Commission is evaluating whether to include DeFi lending and crypto borrowing activities under MiCA regulations and has launched a targeted consultation on areas not currently covered. The consultation will conclude on September 30. One of the current debates is the legal classification of DeFi lending vaults: for example, in the case of Morpho Vault V2, management and risk control responsibilities are distributed across multiple roles, making it difficult to determine who should be considered the regulated service provider. MiCA currently excludes crypto services provided in a 'fully decentralized' manner in principle, so how the EU defines actual control and regulatory entities moving forward will be key. (Cointelegraph) https://(wublock123.com)/news/eu-commissions-mica-consults-on-defi-lending-vault-legal-status-67051