Crypto and stablecoins move globally. Regulations don't.

The real challenge? Keeping liquidity flowing worldwide while protecting users locally. No one's cracked this yet.

Just wrapped a panel at EBC on EU, UK, US, UAE regulatory paths trying to coexist in one global market. The gap between jurisdictions is massive.

Bottom line: This won't get solved without serious collaboration between regulators and builders. We're still early on figuring this out.

The fragmentation is real and it's costing the industry momentum.