The encryption regulations can become another across the Atlantic conflict

The current situation of European -American political geography may dominate many media outlets, but it is far from the only area of ​​the dispute between historical allies. The regulatory treatment of digital assets has always been a point of deviation.

All over the presidency of Joe Biden, with Gary Ginsler at the head of the Supreme Education Council, the United States has become less than a gray regulatory area than the black hole for operators – even those who want to play the ball. the advertisement In June 2023, Coinbase at Crosshairs had because of his work as an unregistered securities agent in the wake of the company’s operating subscriptions just two years ago it was a particularly low point for this industry.

At the same time, the slow regulatory wheels of the European Union were swinging, and reached their climax in implementing Mika organization in the last European Union year. Looking at the state of play in the United States, many companies seemed ready to convert their strategic focus into European markets. In fact, a series of MICA licensing requests has been granted recently to companies, including etoroand OkxAnd Peter.

But it is clear that under the Trump administration, the organizational scene of encryption in the United States was largely assigned. The question is how, and with the European Union Mika now in implementation, what does this industry as a whole mean?

Transformation in Stablecoin’s landscape

Due to demand and domination of the market, Stablecoins do not go anywhere, but how they really treat it seems to be one of the main areas of contrast. Mika imposes Strict rules On the exporters – to the extent that USDT is now to cross out from numerous European exchanges due to Tether’s failure to comply. The financial organizer in Germany, BAFIN, has identified the shortcomings in Usde Ether It violates the requirements of mica and orders an immediate release.

However, Donald Trump has Put Stablecoins at the forefront of its new agenda for the encrypted currency, with the aim of maintaining the superiority of the dollar by securing the future of the USDT and USDC.

Various jobs in the Central Bank digital currencies (CBDCS) as well Explain These different methods. While it seems that the European Union is committed to the development of A. The digital euroIt was one of Trump’s first executive orders Exclusion Developing the equivalent of the dollar, a position he carried.

Uncertainty in the category

While the situation in Stablecoins may be somewhat clear, CASPS service providers (CASPS) have less certainty about how they organize them in the future, and therefore, how to manage any regulatory conflicts between the European Union and the United States. CASP category includes everything from the smallest start to international trade giants, along with the financial institutions in force and everything between them.

With the development of the industry and the organization became increasingly inevitable, the original original companies moved to display their compliance credentials while remaining on the edge of industrial developments. One example is Transk, which holds multiple licenses and approvals to work internationally while supporting a set of assets and platforms at the industry level at the industry level.

However, there is often a prevailing vision in coding this organization, in any way, Innovation suffocates. There is no doubt that the encryption companies that carried for Trump contemplated a relatively comfortable legal framework that stimulates the type VC investment that has prompted the industry to success over the past decade.

The broader international investment markets already exist Tension experience As a result of developments from the White House. Therefore, while encrypted indigenous operators may celebrate a light touch of organization, it remains to see how it will affect the strategy of the digital assets of banks and other Tadfi operators. Will they choose the unlimited opportunity for the United States, even if some regulations are confirmed in four years? It is a complete era of encryption, but it is a relatively short -term time frame for a global bank when looking at strategic projects.

In this sense, the stable reasons for the European Union can be, albeit with the most difficult compliance burdens imposed by Mika, a more attractive possibility for long -term investment. Banks, including GARANTI BBVA, Société Generele and Deutsche Bank have everything overwhelming In digital assets.

However, in the short term, the light movement and the market share of the original encoded companies will be great strengths that they can play against the potential threat to institutional employees. The operator, such as Nexo, can attract high -value investors (HNW) interested in taking advantage of some of the unique revenues offered by digital assets, such as the scale – areas where banks are still reluctant to move.

While the organizational difference between the United States and the European Union is clear, both regions constitute the future of encryption in ways that will have permanent global effects. The organized approach to the European Union provides clarity and long -term stability for institutions, while the United States, under Trump, seems ready to take a more dependent position on the market. Whether this difference enhances competition or alignment forces in the end, but there is one certain thing: events during this period will determine the course of the industry for years to come.