@dgsxzertwy4
Unified guidelines (e.g., EU’s MiCA, US’s GENIUS Act ) are net positive:
Institutional inflows: BlackRock’s ETH ETF added $6.4B in August 2025 post-SEC clarity .
Retail protection: Mandatory KYC reduces fraud, increasing trust .
Innovation: Sandboxes in Singapore and Hong Kong foster DeFi experimentation .
Challenges:
Compliance costs: SMEs face 20–30% profit margin cuts due to audit and reporting requirements .
Jurisdictional arbitrage: Projects may migrate to unregulated regions, fragmenting ecosystems.
Conclusion: While short-term friction exists, regulatory clarity will attract $100B+ institutional capital by 2027, driving mainstream adoption.