Opinion by: Mateusz Kara, Co-Founder and CEO of ARI10

The return of President Donald Trump to the office signaled the novel era of cryptocurrencies in the US, but the country has a lot to do to catch up with Europe.

Trump outlined great plans and made extensive promises of transforming the US into cryptocurrencies. At this year’s World Economic Forum in Davos Trump, he undertook to make the US a “world capital” of cryptocurrencies, with a wave of pro-cleet policy, investment and regulatory clarity.

The crypto is becoming an increasingly strategically vital industry and it is expected To boost to $ 38.6 billion by 2030. On the horizon there is a fight to attract participation in the cryptographic market, and while Trump raises the American regulatory arsenal to compete, the EU quietly implements its own regulatory frames: markets in cryptocurrency regulation (MICA).

Equipped with Mika, the EU uses a significant start and is to lead the industry in the long term, losing several battles to the featherlight of Trump’s headlights – but ultimately winning the war.

The cult of Trump’s personality must be supported by political activities

The cult of Trump’s personality, developed by great gestures and gigantic, often unclear promises, gave us featherlight as a cryptographic leader. His power of the star draws the attention and noise of leading cryptographic entrepreneurs. However, there are doubts whether Trump will successfully turn its pro-digit rhetoric into action.

Early indications are that the key provisions regarding the encouragement to the innovation and development of the American cryptocurrency industry is pending. Currently, there is a lack of comprehensive framework that would ensure clarity for companies in the blockchain space.

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Trump has made several common visits to raucous roles, starting from naming Paul Atkins as chairman of the Securities and Stock Committee as well as appointment of Commissioner Hester Peirce to lead the newly created SEC task group in establishing precise cryptocurrency regulations. Just a few days after its presidency, on January 23, Trump signed an executive order to create a “national digital action”, and the wheels are in motion for regulatory frames for Stablecouins.

While Trump signals that crypto is a priority in his administration, more than a mosaic of existing rules and signing of executive orders should be made. You will need a holistic adjustment approach to competing with the EU.

Mika creates a solid regulatory foundation

Given the growing importance of the cryptocurrency industry, the EU did not nap cryptographic policy. Has developed a comprehensive regulatory framework, Micawhich came in full strength on December 30, 2024.

In addition to narrow rules and regulations that are currently being examined by the Trump administration, Mika is comprehensive and includes all cryptographic assets, including previously not covered by classic provisions regarding financial services. It aims to provide brightness companies and consumers by supporting market integrity, financial stability and transparency. This requires companies to apply for a license to operate in the EU.

While some companies have expressed fears, general market moods towards Mika remain positive, and companies welcome regulatory transparency. The cryptographic industry is in its relative infancy, dominated by many startups that require support to flourish in their formation years, when financial resources may be narrow. MICA regulations risk start -start -ups from valuable capital, because adaptation to Mika will consist of operational and high complexity costs.

Some startups have indicated that in order to overcome this, they would move to more affable regulatory environments, including the USA. However, evidence suggests that the effect will be narrow to the most risky startups and projects, and in exchange it will establish the standard of everything that appears after its implementation.

Although regulatory precision is necessary, some suggest that Mika has gone too far and is at risk of soul innovation with excessive regulation. However, a negative impact on innovation seems to be a speculative, and the existing cryptographic community believes that Mika will support more innovation in the cryptographic industry and wider financial sectors thanks to the development of digital infrastructure.

Its influence in the coming years will also cause that classic and decentralized finances will merge into something much more mature and sophisticated than anything on the spot in the Atlantic.

Blockchain cryptocurrencies and technology are part of an increasingly critical industry that will form the basis for key technological progress. Mica provides a robust trampoline for Europe, which is positioned as a cryptographic leader, prepared to absorb high market value. In the shade, Trump’s administration tries to catch up, but her showboating and fragmentary approach may suppress his long -term success.

During the brief -term benefit of deriving profit from the raucous Trump status, SEC must remember about Trump’s promises with robust, consistent, holistic regulations, if he wants to boost the value of the USA and away from European markets.

Opinion by: Mateusz Kara, Co-Founder and CEO of ARI10

This article is used for general information purposes and should not be and should not be treated as legal or investment advice. The views, thoughts and opinions expressed here are themselves and do not necessarily reflect or represent the views and opinions of Cointelegraph.