Regulation Advances in Europe, US, and China

[tradelikepro]

Regulators are moving fast to address crypto risks. The EU fully implemented MiCA at the end of 2024, standardizing licensing for service providers and setting stablecoin reserve requirements. In the US, the GENIUS Act became law on July 18, establishing enforceable stablecoin standards.

Meanwhile, China is expanding digital yuan initiatives after its 2021 crypto ban. The People’s Bank of China opened a Shanghai operations center to manage blockchain services and cross-border payments, signaling interest in tightly controlled yuan-backed stablecoins.

These measures aim to balance financial innovation with stability as crypto adoption accelerates worldwide.

[EmTeam]

Global regulators are finally catching up—MiCA in the EU, GENIUS Act in the US, and China’s digital yuan hub all show crypto is entering a new regulated era.

[Nahid10]

Clear rules = stronger adoption. Stablecoin standards in the West + China’s push for a digital yuan could reshape the entire global financial system.