EU Risks Becoming Crypto ‘Flyover Zone’ as US, APAC Lead

EU Risks Becoming Crypto ‘Flyover Zone’ as US, APAC Lead
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The EU risks falling behind the U.S. and Asia in crypto regulation, warns Franklin Templeton’s Catriona Kellas. While MiCA initially positioned Europe as a leader, slower legislative progress could make it a ‘flyover zone’ for digital assets. Talks of ‘MiCA 2’ and regulatory competition hint at potential updates.

  • Franklin Templeton warns the EU could lag behind the U.S. and APAC in crypto regulation due to slower legislative updates.
  • Talks of 'MiCA 2' suggest potential revisions to the EU's crypto framework amid rising global competition.
  • Crypto exchanges like Coinbase and Gemini are expanding in the EU, but regulators scrutinize fast-track licensing processes.
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