{"id":152822,"date":"2025-03-11T17:30:12","date_gmt":"2025-03-11T15:30:12","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=152822"},"modified":"2025-03-11T17:13:33","modified_gmt":"2025-03-11T15:13:33","slug":"europe-outpaces-u-s-in-crypto-banking-but-can-it-maintain-its-lead","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/europe-outpaces-u-s-in-crypto-banking-but-can-it-maintain-its-lead\/","title":{"rendered":"Europe Outpaces U.S. in Crypto Banking, But Can It Maintain Its Lead?"},"content":{"rendered":"

Over 50 European banks now offer services like custody, trading, and stablecoin transactions, making the continent the most crypto-friendly financial hub.<\/p>\n

Circle\u2019s Patrick Hansen highlighted<\/a><\/strong> this shift, noting that Europe\u2019s early regulatory clarity\u2014particularly through MiCA\u2014has allowed its banks to establish a strong foundation. Meanwhile, the U.S. is still catching up, with the Office of the Comptroller of the Currency (OCC) only recently permitting banks to provide crypto custody services.<\/p>\n

However, Europe\u2019s dominance faces a potential challenge from the U.S., particularly with stablecoins. Pierre Gramegna of the European Stability Mechanism warned that the rise of dollar-backed stablecoins could weaken Europe\u2019s monetary influence, especially if major tech firms integrate them into global payment networks.<\/p>\n