Despite Trump’s Backing, Crypto Is Choosing MiCA Over America: Paybis
Europe is advancing in the crypto sector under the Markets in Crypto-Assets (MiCA) framework, with EU trading volumes increasing by 70% in Q1 2025, while US trading volumes are declining. Major crypto firms like OKX, Crypto.com, Bybit, and Coinbase have secured MiCA licenses, allowing them to operate across EU member states. MiCA's features include a single licensing regime, strict stablecoin regulations, and investor protections, fostering renewed confidence in the European market. France has seen a 175% increase in crypto activity, attributed to its proactive regulatory environment. Germany is enhancing institutional infrastructure for crypto, while the Netherlands excels in payment connectivity. The US faces regulatory challenges but may improve with the GENIUS Act, which could establish a unified licensing system for crypto.
