Despite Trump’s backing, crypto is choosing MiCA over America: Paybis
MiCA’s licensing clarity helped Europe capture crypto flows as US retail activity declined despite a crypto-friendly Trump administration.
Europe is pulling ahead in the global crypto race under its Markets in Crypto-Assets (MiCA) framework, outpacing even President Donald Trump’s crypto-friendly America.
According to Konstantins Vasilenko, co-founder and chief business development officer at Paybis, trading volumes from EU customers jumped 70% quarter-on-quarter in Q1 2025, right after the MiCA regulation took effect.
During the same period, Paybis activity in the US started trending in the opposite direction. Vasilenko told Cointelegraph that while US retail activity was declining, European users have been placing larger, more deliberate trades.
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