According to online reports, EU encryption policy experts revealed that Europe plans to launch the development of a decentralized finance (DeFi) regulatory framework in 2026. Although the Cryptographic Asset Markets Regulation (MiCA) came into effect on December 30, 2024, the regulation does not clearly define "decentralization", leaving the DeFi protocol in a regulatory vacuum. Vyara Savova, policy head of the European Cryptography Initiative, said that the current MiCA regulations theoretically exclude "completely decentralized" agreements from the scope of supervision, but the specific criteria for determination have not yet been clarified. The EU plans to start legally defining the concept of decentralization in mid-2026, and is currently revising regulations in specific areas such as stablecoins. It is worth noting that Marina Markezic, executive director of the EU Cryptography Initiative, confirmed that the MiCA II framework previously advocated by European Central Bank President Lagarde has been determined not to advance. It was also disclosed that the EU's new anti-money laundering rules on private coins and anonymous accounts will come into effect in 2027 as planned.