In 2025, crypto market cap surpassed $4T, adoption grew, and clearer, category-specific regulations emerged. Stablecoins, tokenized assets, and high-speed blockchains drove real economic use, shifting focus from headlines to utility and adoption.

JPMorgan explores institutional trading, Russia advances crypto legalization, Coinbase expands prediction markets, and Hong Kong proposes strict rules allowing insurers limited crypto exposure.

Erebor Bank gets conditional FDIC coverage. JPMorgan launches tokenized money fund on Ethereum; U.S. clearinghouse tokenizes Treasuries. Coinbase expands into stocks, AI, prediction markets. FDIC proposes rules for bank-linked stablecoins.

BPCE launches crypto trading for retail users, Malaysia rolls out RMJDT stablecoin for cross-border payments, the After‑Dark Bitcoin ETF targets overnight BTC gains, U.S. regulators allow banks as crypto brokers, and a superstate enables on‑chain capital raising.

Vanguard opens crypto-ETF access, Bank of America backs 4% crypto allocations, Sony expands into stablecoins, the UK recognizes digital assets as property, and the CFTC allows spot crypto trading on regulated markets.

JPMorgan files a Bitcoin-backed bond via IBIT, Klarna launches a stablecoin for cheaper cross-border payments, Texas invests in a Bitcoin ETF, Canada approves QCAD, and China quietly returns to global Bitcoin mining.

Deutsche Börse Group integrates SG‑FORGE’s MiCA-compliant tokens; a U.S. bill proposes paying taxes in Bitcoin and building an SBR; Aave Labs pushes into retail banking; Yellow Card bridges emerging corridors; Revolut picks Polygon for stablecoin remittances.

Kazakhstan eyes a $1B national crypto reserve. Marathon’s CEO warns PPA dependence traps you. The Czech National Bank adopts Bitcoin. Visa and Mastercard enable stablecoin payouts. JPMorgan launches deposit tokens on a public blockchain.

Japan tests Bitcoin mining to stabilize its grid. DeFi leaders coordinate Ethereum policy as institutional interest grows. UAE telecom du enters Bitcoin cloud mining. The UK advances stablecoin rules. Worldline tests stablecoin settlement with Fipto.