In this article for Forbes, Muriel Goldberg-Darmon discusses the contrast between the European regulatory framework, characterized by legal certainty (in particular with the new Markets in Crypto Assets Regulation – MiCA – scheduled to come into effect on December 30, 2024), and the regulatory framework in the U.S., characterized by an overlap, and even contradiction, between various applicable regulations. Muriel concludes that the absence of comprehensive U.S. legislation is likely to lead to substantial legal dispute.