Aave Labs Calls for Regulation of Intermediaries Over Software in MiCA Response

Aave Labs has submitted its response to the European Commission's MiCA Review Consultation, emphasizing the importance of regulating intermediaries over software.

The move highlights the need for clear guidelines that protect self-custody and ensure savers' returns from lending.

Aave's positioning could enhance its role in the compliant European crypto market as it recommends regulating intermediaries rather than software, advocating for the protection of self-custody and preserving savers' returns from lending.