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Elliptic Report: Banks, Stablecoins, and Asian Financial Hubs Will Lead the Next Phase of Crypto Policy Development

Elliptic Report: Banks, Stablecoins, and Asian Financial Hubs Will Lead the Next Phase of Crypto Policy Development

金色财经金色财经2025/12/12 05:25
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Jinse Finance reported that, according to Elliptic's "2025 Global Crypto Regulation Review Report" released on Thursday, the global crypto regulatory landscape is undergoing transformation, with banks, stablecoins, and Asian financial hubs set to lead the next phase of policy development. The annual report points out that this year, governments around the world are shifting their regulatory focus from an "enforcement-led approach" to building a comprehensive regulatory framework that prioritizes innovation, marking a sharp contrast to the strict and confrontational regulatory attitudes of recent years. This shift is particularly evident in the United States. Former U.S. President Donald Trump has made "seizing leadership in the crypto sector" one of his core policy priorities and has promoted the formal passage of the "Cryptocurrency Innovation and Cybersecurity Enhancement Act" (GENIUS Act), which has also become the first federal-level stablecoin regulatory framework in the United States.

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