The European Union and the United States have updated their bilateral crypto framework to limit regulatory barriers to 15% for cross-border digital asset transactions. This revised action plan aims to reduce non-tariff barriers for crypto exchanges and wallet services, fostering dialogue on technical standards and enhancing blockchain interoperability. According to the European Commission, over 70% of EU crypto firms have reported improved market access as a result. The agreement also seeks to bolster the Bitcoin and Ethereum ecosystems by streamlining compliance processes and promoting joint research and development in decentralized finance (DeFi) and layer-2 solutions. This initiative is expected to drive innovation and collaboration between the two regions, supporting the growth of the digital asset industry.