Global Shift Towards Innovation in Crypto Regulation Predicted by 2025

According to Foresight News, Elliptic's latest report, '2025 Global Crypto Regulatory Review,' highlights a significant shift in global crypto regulation from enforcement to innovation this year. The report suggests that banks, stablecoins, and Asian financial centers will lead the next phase of policy development. The United States is experiencing the most notable changes, with U.S. President Donald Trump prioritizing crypto as a core policy issue. This includes the promotion of the GENIUS Act, a federal stablecoin framework, and the Department of Justice halting its approach of prosecuting instead of regulating. Additionally, the Securities and Exchange Commission has established a special task force to boost confidence in American crypto innovation. The report indicates that stablecoins are evolving from centralized IOUs to native on-chain assets, serving as collateral, settlement, and yield tools, which impacts protocol design. Banks in the United States, European Union, and Hong Kong are preparing to enter stablecoin issuance and custody, marking a structural increase in institutional involvement. Globally, stablecoin regulations are being rapidly implemented, with steady progress observed in Hong Kong, the United Kingdom, South Korea, Singapore, and the United Arab Emirates.