Asia leads the expansion of cryptocurrencies, while the US has sped up under Trump’s second term. Europe instead places emphasis on strict rules. Since its launch in 2009, Bitcoin has risen from cents to nearly $120,000, symbolizing crypto’s move from experiment to mainstream. Once seen as an alternative to state systems, digital assets now draw the full attention of investors, institutions, and regulators.
The EU introduced MiCA, demanding fund segregation, audits, licensing fees, and identification of transfer participants. Regulators argue this builds trust and stability. Industry players counter that the measures raise costs and risks, particularly for smaller firms, and could push innovation to friendlier regions.
Poland’s Strategy Could Drive Business Away
Poland’s draft law goes even further than MiCA by introducing heavier fees and imposing rushed adaptation periods. Experts believe such “gold plating” may harm startups, make stablecoin projects unprofitable, and force them to operate abroad or in informal markets.
Zondacrypto, a leading Polish-founded exchange, registered in Estonia to benefit from clear rules and supportive authorities. Though most employees remain Polish, the company pays millions in taxes outside Poland. Executives say this reflects a lack of political will and knowledge at home, where crypto is still viewed as a threat instead of an opportunity.
Fragmented approaches across the EU weaken the idea of a single market. Without more balanced regulation, Europe risks losing both talent and revenue to Asia and the US, where competition moves faster and opportunities are greater.
