Fireblocks Says 99% of EU Firms Back Crypto Rules as Funding Accelerates

What happened

A survey shows that 99% of European Union financial institutions support the upcoming crypto‑asset regulations and are accelerating funding for digital‑asset projects, indicating strong industry backing for the new rules.

Confirmed

Global impact / market context

Broad industry support reduces regulatory uncertainty, encouraging more capital to flow into crypto infrastructure, which can speed up product development and increase competition among service providers.

Analyst inference

EU firms are building digital‑asset services within an established regulatory framework, while UK firms are still preparing for rules that are not yet final, leading to divergent investment strategies across the region.

Analyst inference

What to watch

1. The timeline for final EU crypto‑asset regulations, which will determine when firms must comply and could trigger a surge in compliance‑related spending. Proposed
2. The UK’s pending regulatory decisions, as clearer rules may shift funding from other regions into British digital‑asset projects. Proposed
3. The pace of new digital‑asset funding announced by EU firms, which will indicate how quickly the market is expanding under the new framework. Proposed

Evidence

• news.bitcoin.com