A senior executive at Franklin Templeton has raised alarm that the European Union may fall behind in the global digital asset race as the pace of crypto regulation across the continent remains sluggish.

Speaking at the DigiAssets 2025 event, Catriona Kellas, International Legal Lead for Digital Projects at Franklin Templeton, warned that Europe could become a mere corridor between the rapidly advancing crypto markets of the United States and Asia, Decrypt reported.

“Europe’s positioned well,” she acknowledged, but emphasized that the region’s slower legislative process is a growing liability.

Also Read: Coinfund President On AI Tokens, DePIN, And Why Clear Rules Will Unleash Next Wave…

Read more on Benzinga