Europe has overtaken the United States as a leading region in the global cryptomarkt. This is due to the introduction of MICA regulations (Markets in Crypto-Axets), which has been in all EU member states since 1 January 2025.
According to Cryptoplatform Paybis, the trade volume among European customers in the first quarter of this year increased by no less than 70 percent. The clear legislation attracts new investors, while the American cryptomarkt actually weakens due to persistent uncertainty.
Strong growth of crypto trade in Europe
The growth came remarkably soon after the introduction of Mica. The number of transactions remained the same, but the amounts became larger. “It shows that new, goal -oriented money is coming into the market,” says Konstantins Vasilenko of Paybis.
In the United States, the activity fell correctly. Fewer and fewer consumers act in crypto. Falling volumes are also visible on large platforms such as Coinbase and Robinhood.
Mica offers clear rules and one EU permit
An important advantage of MICA is that crypto companies can do business with one permit in all 27 EU countries. This ‘passport principle’ makes expansion easier and gives customers confidence.
Consumers also get better protection through mica. The rules ensure more transparency, fair costs and clear information about risks.
Strict requirements for stablecoins and investor protection
Mica also tackles Stablecoins: crypto coins that are linked to, for example, the euro or dollar. These coins must now be fully covered, controlled and separated from the company’s assets.
In addition, there are rules that resemble existing investment laws, such as mandatory information provision, cooling periods and clear cost structures. This helps investors to make better choices.
France and Germany Tonen frontlopers
As a result of Mica, France sees an explosive growth in crypto use: +175 percent in the first quarter. This is partly due to earlier national legislation and strong hubs such as Station F in Paris.
Germany focuses on the institutional market. Beursbedrijf Deutsche Börse now offers crypto services through subsidiary Clearstream. The Netherlands excels in payment infrastructure and continues to be surprisingly strong in the European top.
USA at the back of crypto due to lack of rules
In the US there is still lack of national legislation. There is a jumble of state permits, legal uncertainties and sudden changes in trading platforms.
The proposed Genius Act must change that. If that law is passed, American crypto companies can also count on clearer rules and possibly renewed growth.
Source: https://newsbit.nl/europa-stijgt-boven-vs-uit-in-cryptomarkt-dankzij-mica-regelgeving/
