Regulators across Europe are tightening their grip on crypto. MiCA brings clarity, but where does that leave Layer-1 protocols, the very foundations of decentralized ecosystems?
CERHA HEMPEL partner Oliver Völkel sat down with Nicolas Jacquemart, Chief Legal Officer of the Cardano Foundation, and Nathalie Boyke, Founder of Nucleus42 and former Head of Public Affairs at Web3 Foundation, to debate what comes next for blockchain governance in Europe.
They discussed:
• What decentralization really means in practice
• MiCA's Recital 22 — safe harbour or trap?
• Whether decentralization can survive regulatory accountability
• The tension between innovation and political pressure
• The rise of institutional actors in decentralized ecosystems
If you care about the future of Layer-1 protocols, this is the conversation to watch.