Btc.x CEO Christian Anders believes that despite the Markets in Crypto-Assets (MiCA) regulations being signed into law, the European Union may need to do more lobbying of different European regulators and governments. In an interview with Cointelegraph, Anders noted that for the MiCA framework to be accepted in most European countries like Sweden, pushing might be required.

Although MiCA provides the crypto industry with a framework and expected clarity, some countries, such as Sweden, are reluctant to issue new licenses for crypto companies, delaying its progress. Anders warned about the possibility of governments deeming the MiCA framework inadequate, leading to a two-sided power dynamic.

He also thinks Crypto.com could be the next potential target for the United States Securities and Exchange Commission (SEC) after the recent clampdown on Binance and Coinbase, adding that regulatory challenges in Sweden happen on a smaller scale than the United States. Additionally, Anders highlighted Bitcoin mining's rise in Europe, particularly with the increasing use of renewable energy, and the younger generation's interest in shaping the future with these technologies.