INSUBCONTINENT EXCLUSIVE:
Europe is pulling ahead in the global crypto race under its Markets in Crypto-Assets (MiCA) framework, outpacing even President Donald
volumes from EU customers jumped 70% quarter-on-quarter in Q1 2025, right after the MiCA regulation took effect.During the same period,
Paybis activity in the US started trending in the opposite direction
Vasilenko told Cointelegraph that while US retail activity was declining, European users have been placing larger, more deliberate
trades.Other platforms have reported similar shifts in user behavior
regulation: ExpertsCrypto firms secure MiCA licnesesSeveral crypto firms have already adapted their strategies to align with MiCA
OKX, Crypto.com and Bybit have obtained licenses under the new framework, with Coinbase becoming the latest to gain the license from the
Luxembourg Commission de Surveillance du Secteur Financier.Source: CointelegraphThe renewed investor confidence in Europe is driven by key
features of MiCA, according to Vasilenko
For one, the MiCA framework introduced a single licensing regime across all EU member states
It also introduces MiFID-style protections like clear disclosures, cooling-off periods, and transparent fees, reducing uncertainty for
investors.On the other hand, in the US, persistent regulatory confusion continues to hold the market back
Despite favorable rhetoric from President Trump and members of his administration, no sweeping federal crypto legislation has
privacy coins by 2027France emerges as standoutFrance, in particular, has emerged as a standout in Europe
Vasilenko said Paybis saw a 175% spike in crypto activity in the country, thanks in part to its head start under the 2019 PACTE law, which
The Netherlands, meanwhile, continues to punch above its weight with strong payment connectivity.According to Vasilenko, the idea of a
said.The US could still see a comeback
The GENIUS Act, currently making its way through Congress, could introduce a unified licensing regime and clear definitions for
dollar-backed stablecoins
