⚖️ 39 major financial firms warn Europe is falling behind the US on crypto
A group of 39 institutions — including Nasdaq — just sent a warning to EU officials. If Europe takes too long finalizing its blockchain rules, it risks losing ground to the United States in tokenized finance. The group is demanding faster action on the DLT Pilot Regime, including removing asset class restrictions, raising the cap, and eliminating license time limits.
🇺🇸 Estados Unidos:
Meanwhile, the U.S. passed the GENIUS Act last year, a stablecoin framework championed by President Trump that advocates say will broaden digital asset adoption in everyday finance.
💡 My take (NFA):
Regulation is a double-edged sword. The EU already leads in rule completeness through MiCA, but slow movement could drive innovation elsewhere. The fact that traditional finance giants are publicly demanding faster action is a good sign for crypto adoption.
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