Europe Takes the Lead in Crypto as U.S. Stalls on Regulation
Europe is emerging as the new global crypto hub, propelled by its MiCA regulatory framework, which is attracting investors and platforms alike.
With clear rules now in place, digital asset activity across the continent has surged, while the U.S. struggles with lingering legal uncertainty despite pro-crypto rhetoric from its leadership.
Crypto exchange Paybis reported a 70% increase in trading volume from European users in Q1 2025, right after MiCA came into effect. In contrast, American activity has slowed, with platforms like Robinhood seeing crypto volumes tumble by over a third and retail interest on Coinbase dropping sharply since 2021.
The main draw for companies and users is MiCA’s passporting regime—once a…
