Ethereum Gains Ground as U.S. Crypto Regs Race Against the Clock
The U.S. crypto market is under pressure to finalize regulatory legislation before the Thanksgiving holiday, as industry stakeholders and financial institutions emphasize the urgency of establishing a coherent legal framework. With the European Union’s Markets in Crypto-Assets (MiCA) regulation setting a global precedent and other regions, including parts of Asia and the Middle East, moving swiftly to define their own crypto policies, the U.S. risks falling behind if it does not act decisively. This urgency is underscored by recent statements from key figures in the blockchain and financial sectors, who have warned that the window of opportunity for the U.S. to retain its competitive edge is narrowing [4].
Financial industry groups…
