A recent analysis highlights that U.S. exchanges handle only a small share of global crypto trading, due to the dominance of international liquidity and more lenient regulations abroad.
Global Trading Landscape
The trading environment worldwide has changed rapidly. Over 87% of cryptocurrency trading occurs outside the U.S. Asian, European, and emerging markets facilitate huge trading volumes. These markets have the advantage of large populations and an early adoption of digital assets.
Regulatory Environment in the U.S.
U.S. exchanges operate under a challenging regulatory framework. Strict compliance measures impose high operational costs. These conditions limit access to trading for both retail and institutional players, making it harder for domestic platforms to capture a larger market share.
International Market Dynamics
International markets benefit from a regulatory environment that supports rapid digital asset adoption. Exchanges abroad offer efficient trading services and lower entry barriers. Emerging markets continue to foster increased participation by attracting investors with their services and accessible trading.
Overall, cryptocurrency is increasingly driven by global forces and evolving regulations, which promote international liquidity and innovation.