The European Union\u2019s recently-adopted Markets in Crypto Assets (MiCA) regulations is beginning to reshape the region\u2019s digital-asset industry, creating new opportunities and barriers for firms seeking to operate across the bloc, a Swiss-based crypto wealth platform said.<\/p>\n
Swissborg, which boasts one million registered users and $1.3 billion in assets under management (AUM), is among the companies betting that the shift will strengthen Europe\u2019s role in regulated digital-asset markets after securing its MiCA license.<\/p>\n
\u201cThe economics of crypto brokerage can be challenging during softer market cycles, and some global platforms may reassess where they allocate capital and operational resources,\u201d SwissBorg Chief Operating Officer Jeremy Baumann told CoinDesk.<\/p>\n
Over time, that could lead to \u201ca market composed of fewer but more resilient players. MiCA raises the regulatory and operational standards required to serve European clients, which may reduce the number of lightly structured players,” he said, referring to Gemini\u2019s recent EU exit<\/a>.<\/p>\n Baumann also said that when global exchanges reduce their presence in the EU, \u201cit opens space up for other European players to strengthen their positioning.\u201d<\/p>\n SwissBorg suffered an exploit it said affected fewer<\/a> than 1% of its users in September 2025. It reported 192,600 SOL ($41.5 million) was stolen from an external wallet used exclusively for its SOL Earn strategy. The exploit stemmed from a partner’s compromised application programming interface (API) and not a hack of the SwissBorg platform, they claimed.<\/a><\/p>\n The evolution of yield and staking<\/p>\n Baumann said he expects yield and staking products to evolve toward clearer disclosures, stronger risk management and more standardized structures.<\/p>\n \u201cThe framework around stablecoins is more detailed and will shape how certain yield models are designed and distributed,\u201d said Baumann, whose mid-level exchange currently has roughly $800 million in total value locked (TVL), according to Defilama data.<\/p>\n Baumann also said regulatory clarity could gradually support greater institutional participation, adding that for now the European digital-asset market remains largely retail-driven<\/p>\n \u201cTraditional financial institutions can play all three roles,\u201d Baumann said. \u201cThey have strong distribution capabilities and regulatory expertise, which naturally makes them competitors in some areas, but there are also opportunities for partnerships.\u201d<\/p>\n EU regulators seek clear stablecoin rules<\/p>\n Baumann also pointed to ongoing policy debates around stablecoins and yield products. While much of that discussion is currently centered in the United States, European regulators are focusing primarily on defining clear rules around issuance, reserves and distribution.<\/p>\n \u201cAs the market matures, yield solutions are likely to evolve toward more transparent and better structured models that balance innovation with financial stability,\u201d he said.<\/p>\n SwissBorg sought authorization in France, which is widely viewed as one of Europe\u2019s stricter regulatory jurisdictions. The approval validates the company\u2019s internal controls, risk management systems and safeguards for user assets, according to the firm.<\/p>\n The company plans to migrate its European operations from its current Estonian entity to the newly authorized French crypto-asset service provider (CASP) entity in the coming months once operational readiness is confirmed, initially targeting major crypto markets including Germany, the Netherlands, Italy and Spain.<\/p>\n","protected":false},"excerpt":{"rendered":"The European Union\u2019s recently-adopted Markets in Crypto Assets (MiCA) regulations is beginning to reshape the region\u2019s digital-asset industry,…\n","protected":false},"author":2,"featured_media":821777,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5174],"tags":[2000,299,5187,51601,1699,23492],"class_list":{"0":"post-821776","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eu","8":"tag-eu","9":"tag-europe","10":"tag-european","11":"tag-european-regulators","12":"tag-european-union","13":"tag-mica"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/116218878192821276","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/821776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=821776"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/821776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/821777"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=821776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=821776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=821776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}