In May 2025, cryptocurrency regulation is at the center of global debate, with the United States leading a significant transformation in its approach to digital assets.

🇺🇸 United States: A pro-crypto turnaround

The Trump administration has adopted a favorable stance towards cryptocurrencies. The president signed Executive Order 14178, which prohibits the creation of a central bank digital currency (CBDC) and establishes a task force to develop a federal regulatory framework for digital assets within 180 days.

Additionally, the Securities and Exchange Commission (SEC) is working on new rules for cryptocurrency tokens classified as securities, with the aim of providing clear guidelines for their issuance, custody, and trading.

💵 Stablecoins: Towards widespread adoption

Stablecoins are gaining ground as a conventional payment method. Analysts at Deutsche Bank point out that these digital assets, backed by fiat currencies like the dollar, are being considered in legislations such as the STABLE Act and the GENIUS Act, which seek to establish a regulatory framework for dollar-backed stablecoins.

🌍 Global perspective: Europe and Asia

In Europe, the implementation of the Markets in Crypto-Assets Regulation (MiCA) is redefining the crypto landscape, with some companies opting to exit the market due to strict regulations, while others adapt to operate within the new legal framework.

In Asia, countries like Japan are reviewing their fiscal policies related to cryptocurrencies, proposing tax rate reductions to align investments in crypto assets with traditional financial investments.

💬 What do you think about the direction cryptocurrency regulations are taking globally? Do you believe these measures will foster innovation or impose barriers to the growth of the sector? Share your thoughts.