A “fire hose” of disparate regulatory approaches to cryptoassets lacks the global consensus required to attract established investors and build a more mature market, according to a conference on Wednesday. The European Union has established the world’s first comprehensive cryptoasset market laws, known as MiCA, while others, like as the United Kingdom and the United States, are lagging behind. Apart from restrictions to prevent money laundering and terrorist financing, cryptocurrency enterprises are essentially unregulated in many parts of the world. “It’s really commendable that Europe was able to get that done so quickly,” Hester Peirce, a Securities and Exchange Commission commissioner, said at a Financial Times conference.