In Europe, efforts are being made to address discrepancies in cryptocurrency taxes, while lawmakers in the US are revisiting the market structure. Additionally, institutions are driving the decentralized finance (DeFi) sector towards compliance standards. This move comes amid growing interest in digital assets, with the global cryptocurrency market currently valued at over $2 trillion. The regulation of DeFi, particularly in response to institutional involvement, is becoming a focal point in the evolving landscape of the cryptocurrency industry.