Europe is emerging as a global leader in crypto-friendly banks, with over 55 institutions offering cryptocurrency services such as custody and trading. This surge is bolstered by comprehensive regulatory frameworks like the Markets in Crypto-Assets (MiCA) regulation.

Countries such as Germany, Switzerland, and Liechtenstein are at the forefront, with institutions like SEBA Bank and Bank Frick leading the charge.

In contrast, regions like the US lag behind, with fewer banks authorized for crypto services. Although challenges like volatility and AML requirements persist, Europe’s regulatory advances position it well against emerging competitors like Asia.