The U.S. labor market is experiencing a 'jobless expansion' as the employment outlook for 2026 dims, with 2025 marking the lowest job gains in 16 years. The majority of new positions are concentrated in healthcare and social services. Analysts attribute this trend to factors such as overhiring, high tariffs, reduced immigration, and the impact of artificial intelligence. In related sectors, the EU's Markets in Crypto-Assets Regulation could play a significant role. Despite the challenges, some experts remain optimistic about potential policy shifts and Federal Reserve rate cuts. Meanwhile, regulatory discussions continue to prioritize countering the financing of terrorism.