European officials plan to counteract regulation of Cryptocurrencies of the USA.

The recent approval in the United States Senate of the Genius law has lit alarms in Europe, where authorities seek to design a joint strategy so as not to be lagging behind and protect the position of the euro in the world financial system.

Jane Moore, representative of the United Kingdom Financial Behavior Authority (FCA), highlighted DIGIASSETS 2025 conference The urgent need for international coordination to avoid regulatory arbitration in the digital asset market.

The official said that the United Kingdom is closely followed by the normative evolution in the United States, where, as Cryptoitics reported, The Genius billdesigned to regulate the issuance of Stablecoins anchored to the dollar (USD) and promote its use, passed with the approval of the Senate to the House of Representatives.

If you receive authorization from this sector of the Congress, you will be sent to the desk of President Donald Trump for his signature, which the president expects “as soon as possible,”, as he declared.

On the other hand, from the British upper house, legislator Lord Chris Holmes was optimistic about the possibility of a balanced regulatory framework that promotes innovation and provides security in the United Kingdom. In addition, he urged the actors in the sector to actively involve the consultation processes, instead of criticizing the regulations once they are implemented.

Holmes said that Those who oppose regulation are usually those linked to little transparent practiceswhile legitimate companies should support regulations that favor sustainable development.

In its most recent report, the European Central Bank (ECB) warns that The rise of cryptocurrencies and new digital payment methods represents a direct challenge for the international position of the euro.

Although the European currency maintains a relatively stable participation in the main global indicators, it faces pressures that are increasing, especially for the progress of the stablecoins linked to the dollar. According to the ECB, These assets could gradually move to traditional fiat coins.

In the midst of this scenario, the United States has launched several initiatives to boost the global use of cryptocurrencies, including An executive order authorizing the creation of a strategic Bitcoin reserve (BTC).

In response, Europe seeks to accelerate the launch of the digital euro, a Central Bank digital currency (CBDC) aimed at preserving economic sovereignty and strengthening the position of the European currency in the world financial system.

However, the digital euro project, whose launch is scheduled for October 2025, has generated an intense public debate due to the possible risks that it implies, especially in terms of privacy and state control, which has aroused concern in different sectors.