... potential approval of a spot Ethereum ETF in addition to existing Bitcoin funds. European Union: This year has seen the implementation of the comprehensive MiCA regulation in EU countries, establishing unified rules for the cryptocurrency market. The new licensing and oversight regime enhances the transparency of crypto companies’ operations and strengthens investor protection. These measures channel capital into legal frameworks and bolster Europe’s position as a center for the crypto industry. Asia: ...

... market — an important step towards integrating the crypto market into a legal framework. European Union: In the EU, a comprehensive MiCA regulation has come into effect, introducing unified standards for cryptocurrency regulation across the EU. The new licensing and oversight regime ensures transparency in the operations of crypto companies and investor protection, steering capital inflows into legal channels and strengthening Europe’s position in the global crypto market. Asia: Approaches in Asian ...

... initial public offering of BNB back in 2022, trying to determine whether it was an unregistered sale of securities. In the UK, the Financial Conduct Authority (FCA) banned Binance from conducting regulated activities in 2021, and revoked some of the licenses of the local branch of the exchange in 2023. Such restrictions increase uncertainty: strict measures from the US, Europe or other major markets could negatively affect Binance’s reputation and, as a result, the BNB price. On the other hand,...

... alongside futures. These steps signal a more lenient U.S. policy toward the industry and a desire to bring crypto trading back from offshore into America's legal framework. Hong Kong: As of August 1, a stablecoin law has come into effect, introducing a licensing system for stablecoin issuers under the oversight of the Hong Kong Monetary Authority (HKMA). Now, companies issuing stablecoins must comply with strict requirements—from 100% reserve backing of issued tokens to regular reporting to regulators....

... steps signal a more lenient attitude in the USA towards the industry and an aim to bring crypto trading back from offshore jurisdictions into the legal realm of America. Hong Kong: As of August 1, a law on stablecoins has come into effect, introducing a licensing system for stablecoin issuers under the supervision of the Hong Kong Monetary Authority (HKMA). Companies issuing stablecoins are now required to comply with strict requirements—from 100% backing of issued tokens to regular financial reporting ...