The cryptocurrency market continues to evolve rapidly in 2025, with significant developments shaping the industry. Morgan Stanley is reportedly planning to list crypto assets on its E*Trade platform by 2026, marking a major step toward mainstream adoption. The bank, which already offers Bitcoin ETFs to its wealthiest clients, is exploring partnerships with established crypto firms to facilitate this move.$ETH
In regulatory news, the UK is aligning with the US to establish a comprehensive crypto regulatory framework. Finance Minister Rachel Reeves announced draft rules to bring crypto exchanges and dealers under oversight, aiming to curb illicit activities while fostering innovation. This follows the US SEC’s new chair, Paul Atkins, criticizing past regulatory uncertainty for stifling crypto growth and pushing for clearer guidelines.
On the stablecoin front, Visa has partnered with Bridge to launch stablecoin-linked cards in Latin America, enabling everyday purchases with crypto tokens. Meanwhile, Abu Dhabi’s sovereign wealth fund, alongside First Abu Dhabi Bank, is developing a dirham-backed stablecoin, signaling the UAE’s deepening crypto investment.$ETH
The market saw a boost from institutional interest, with US spot Bitcoin ETFs recording $2.68 billion in inflows, supporting Bitcoin’s rally to around $94,000. However, XRP faced a setback, dropping to $2.29 after failing to be included in the US Strategic Bitcoin Reserve, though analysts see potential for a rally to $3 if market stability persists.
Lastly, World Liberty Financial, backed by President Trump and his sons, unveiled a new stablecoin, raising concerns about conflicts of interest given Trump’s regulatory influence over the industry. These developments highlight the crypto sector’s growing integration into traditional finance, alongside ongoing regulatory and market challenges.
