EU Risks Becoming Crypto ‘Flyover Zone’ Between US, Asia: Franklin Templeton

In brief

  • The EU risks becoming a “flyover zone” as its regulatory approach to crypto is outpaced by the U.S. and APAC, said an exec at asset manager Franklin Templeton.
  • While MiCA placed the EU in the “forefront” of crypto regulation, it risks falling behind as jurisdictions emerge with more flexible approaches to digital assets, Franklin Templeton’s Catriona Kellas argued.
  • The EU is “asking the right questions,” with “more than whispers” about an update to MiCA.

The EU risks becoming a “flyover zone” for crypto as the pace of legislation lags behind the U.S. and Asia, according to an executive at asset management firm Franklin Templeton.

Speaking at the DigiAssets 2025 conference, the firm’s International Legal…

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