#CryptoRoundTableRemarks At the Q1 2025 #CryptoRoundTable, TRM Labs’ policy experts highlighted key developments in global crypto regulation. In APAC, Hong Kong’s ASPIRe Roadmap aims to position the city as a crypto hub, while South Korea plans to ease institutional trading restrictions by late 2025. Europe focuses on MiCA implementation and sanctions enforcement, introducing designated crypto wallet addresses in its 16th sanctions package against Russia. The U.S. grapples with enforcement-driven regulation, exemplified by the SEC’s $4.47 billion settlement with Terraform Labs. Emerging threats include North Korea’s $1.5 billion crypto hack and the rise of AI-enabled financial crimes, underscoring the need for enhanced cybersecurity and regulatory measures.