The ongoing absence of clear regulatory frameworks for cryptocurrencies is causing significant uncertainty in the global market. This lack of clarity is impacting investor confidence and institutional adoption, as businesses face unpredictable enforcement and varying legal interpretations. High compliance costs further exacerbate the situation, leading to market hesitation and increased volatility. The regulatory ambiguity is also stifling startup growth and innovation within the crypto sector. As companies struggle to navigate these challenges, the market remains volatile, with businesses and investors seeking ways to adapt to the evolving landscape.