Significant changes in crypto regulation are expected in 2025 across the US and other regions. These changes include the nomination of a new SEC chair in the US, the implementation of MiCA in the European Union, and legal developments in Asia.
Appointment of a New SEC Chair in the US
Paul Atkins, co-chair of the Token Alliance, has been nominated to replace Gary Gensler as the chair of the SEC, who has faced criticism for his stringent regulatory approach. Experts suggest this could mark a shift in the US regulatory stance to a more business-friendly and less enforcement-heavy approach.
Business Response to MiCA in the EU
The European Union is implementing a unique piece of regulation — MiCA, aimed at overseeing the crypto industry. While praised for its ambition, MiCA’s stringent rules have led to dissatisfaction among businesses, viewing them as an additional burden. Some companies consider leaving the region.
Regulatory Prospects in Asia and Hong Kong
Asia is witnessing regulatory changes in crypto assets. In Hong Kong, in particular, court cases against decentralized autonomous organizations (DAOs) and new crypto companies are creating precedents for future regulations.
Crypto regulation in 2025 will undergo significant transformation. Balancing business interests and regulatory requirements will remain a major challenge that needs addressing at all levels, from local courts to international legal standards.
