How Might MiCA’s Approach Influence the Regulatory Stance of Other Major Jurisdictions like the US?

MiCA's comprehensive, unified framework is expected to serve as a significant reference point for other major jurisdictions, particularly the US, which currently has a fragmented regulatory landscape. By clearly classifying crypto-assets and setting standards for CASPs, MiCA provides a model for consumer protection and market integrity.

This may pressure US regulators to accelerate their efforts to establish a similar, unified federal framework, moving away from a purely enforcement-based approach.