Progress in US Crypto Regulation
GENIUS Act: In the US, a new law called the "GENIUS Act" was passed in July 2025, specifically for stablecoins. This law establishes clear rules for stablecoins, such as the requirement for 1:1 reserves, which is expected to bring more stability and trust to the market.
Indian Regulations: In India, cryptocurrency is still not considered legal tender, but it can be held, traded, and invested in as a Virtual Digital Asset (VDA).