Thread by @europe4crypto

Don't panic, US crypto community! The EU's got your back with laws that protect crypto companies, Defi, & Web3. While the US may try to debank, de-stake & reduce use of public blockchains, the EU's legal framework provides a safe haven for crypto in 27 jurisdictions. #crypto

De-banking crypto companies in the US? Not so fast! In the EU, we have a rule-based legal framework that limits the power of regulators. EU laws for fintech, payment institutions, and e-money licenses ensure that crypto companies will always have access to on/off ramps

EU laws such as the Payment Services Directive (PSD2) and the Electronic Money Directive (EMD) provide specific protections for fintech and crypto companies, ensuring that they can operate freely and provide services to users without fear of being shut down by regulators

Positive news for banks in the EU! They can hold crypto on their books, thanks to EU prudential rules. 1:1 backed stablecoins are considered relatively secure under EU prudential banking regulations. It is easier for EU banks to offer crypto services than in the US currently.

Don't let the push to ban staking get you down! In the EU, we have a different approach to crypto assets. Thanks to the EU's crypto regulation, MiCA, there is a legal basis for staking of crypto assets and other crypto activities. No regulator can make staking of crypto illegal!

The EU's commitment to a transparent, professionalised crypto industry is reflected in comprehensive regulations. 🇪🇺 laws ensure that crypto companies can operate freely and provide services to users without fear of being shut down as long as they play by the rules!

Worried about funny arguments against use of public blockchains? EU laws fully recognize the benefits of open-source public blockchains, allowing for experimentation and innovation without the fear of legal or regulatory issues #opensource

In the EU, blockchains and crypto have been fully regulated and professionalized, offering a secure and stable environment for crypto companies and investors. Of course, playing by the rules can be difficult at times, but EU regulations are not impossible.

So, to all crypto enthusiasts in the US, take heart! The EU's legal framework for crypto offers a beacon of hope in these uncertain times. Whether you're a company or an individual, the EU's laws provide a secure and stable environment for your crypto needs.