June 22 (Cointime) - The EU's regulatory framework for digital assets, particularly the MiCA regulations, has made it an attractive destination for US crypto firms seeking stability and innovation.

The regulations prioritize financial stability and consumer protection while categorizing digital assets and imposing varying requirements based on their market capitalization. As a result, many crypto companies have established their presence in the EU, with Switzerland also remaining a prominent player in the European crypto landscape.

The departure of US-based crypto companies due to regulatory uncertainties is expected to benefit the EU and Switzerland, solidifying their position as global leaders in the crypto industry. Notable crypto companies in the EU include Deribit, LocalBitcoins, DappRadar, and Ledger.