The world of cryptocurrency is witnessing a historic convergence of political influence, regulatory evolution, and financial innovation. As markets react to macroeconomic signals and institutional developments, the spotlight is firmly on Washington—and Wall Street—as pivotal forces shape the future of digital assets.
Donald Trump to Address Blockworks Digital Assets Summit
In a landmark moment for the crypto industry, former President Donald Trump is set to deliver a keynote address at the Blockworks Digital Assets Summit on Thursday. This marks the first time a sitting U.S. president has spoken at a major cryptocurrency conference—an event drawing nearly 2,500 institutional participants and signaling growing mainstream legitimacy for blockchain technology.
Trump’s appearance follows his recent executive order promoting innovation in the U.S. crypto and blockchain sectors, reinforcing his administration’s pro-digital asset stance. According to sources close to the event, including Fox Business reporter Eleanor Terret, the president is expected to unveil significant updates regarding future crypto policy during his speech.
While the White House has not officially confirmed details, anticipation is building around potential announcements related to stablecoin regulation, exchange oversight, and broader financial modernization efforts.
U.S. Banks Gain Green Light for Crypto Activities
A major development bolstering institutional adoption comes from the Office of the Comptroller of the Currency (OCC), which has approved U.S. banks to engage in a range of crypto-related activities. These include:
- Digital asset custody services
- Holding U.S. dollar reserves for crypto projects
- Using stablecoins for payment settlements
- Participating in proof-of-stake networks as validating nodes
This regulatory clarity removes long-standing uncertainty for traditional financial institutions looking to integrate with the crypto ecosystem. By enabling banks to serve crypto firms directly, the OCC's decision supports greater financial inclusion, reduces counterparty risk, and strengthens the bridge between legacy banking and decentralized finance (DeFi).
For stablecoin issuers like Circle and Tether, access to regulated banking partners ensures greater transparency and operational resilience—key factors in maintaining user trust and global competitiveness.
Global Regulatory Shifts Boost Stablecoin Innovation
Regulatory progress isn’t limited to the United States. Hong Kong, the European Union, and Washington are all advancing frameworks that support responsible stablecoin innovation.
United States: GENIUS Act Gains Momentum
The Guiding Emerging National Innovation Using Stablecoins (GENIUS) Act—a bipartisan legislative effort—aims to establish a clear legal foundation for dollar-backed stablecoins. With Senator Tim Scott (R-SC), Chairman of the Senate Banking Committee, pledging its passage within the first 100 days of Trump’s term, the bill could soon become law.
This would provide much-needed regulatory certainty, encouraging further investment and development across the digital asset space.
European Union: MiCA Enters Full Force in 2025
2025 marks the first full year of enforcement under the EU’s Markets in Crypto-Assets (MiCA) regulation. Already, Circle and Banking Circle have received formal approval to issue stablecoins across EU member states—a critical step toward pan-European digital finance integration.
MiCA’s comprehensive approach balances consumer protection with innovation incentives, setting a global benchmark for responsible crypto governance.
Hong Kong: Regulatory Sandbox Fuels Growth
Meanwhile, Hong Kong is preparing to launch a new stablecoin bill in 2025. The city’s Monetary Authority has established a regulatory sandbox focused specifically on tokenized assets, allowing startups and established firms to test compliant solutions in a controlled environment.
These coordinated global efforts reflect a maturing attitude toward digital currencies—one that prioritizes stability, transparency, and interoperability.
“Crypto businesses are benefiting from renewed market confidence, higher trading volumes, and increased revenue. We’re seeing cautious optimism among exchanges and wallet providers—and a strong determination to build on this momentum through 2025 and beyond.”
— James Smith, Founder of Elliptic
Why This Matters: The Broader Implications
The alignment of political leadership, banking infrastructure, and regulatory clarity represents a turning point for digital assets.
- Institutional trust is increasing, as banks enter the ecosystem with regulatory backing.
- Stablecoins are becoming integral to global payments, enhancing the reach of the U.S. dollar in digital economies.
- Dollar-denominated stablecoins may reinforce USD dominance, even as central bank digital currencies (CBDCs) emerge worldwide.
Notably, major stablecoin issuers such as Tether and Circle are now among the largest holders of U.S. Treasury securities—ranking 18th globally according to Bernstein research. Their demand for short-term Treasuries helps maintain liquidity in government debt markets while lowering barriers for international users to hold dollar-backed digital assets.
This symbiotic relationship strengthens both the crypto economy and traditional financial systems.
Market Update: BTC, ETH, XRP Pull Back After FOMC Decision
Despite strong fundamental developments, Bitcoin (BTC), Ethereum (ETH), and XRP saw modest corrections on Thursday, declining between 1% and 3.35%. The pullback follows Wednesday’s Federal Open Market Committee (FOMC) rate decision, which initially sparked a rally in tech stocks and risk assets like crypto.
As of this report, total crypto market capitalization remains above $2.91 trillion. Market sentiment continues to be influenced by:
- Trump’s upcoming summit appearance
- Improved trader psychology
- The SEC’s withdrawal of its appeal in the Ripple lawsuit
What’s Next for Top Cryptos?
Bitcoin may retest its $90,000 resistance level in the coming weeks. A successful breakout could pave the way toward $100,000—a milestone that would likely reignite institutional interest and retail participation.
After weeks of profit-taking, analysts expect renewed accumulation phases as confidence returns to the market.
Ethereum remains well-positioned as network upgrades improve scalability and reduce fees—key drivers for DeFi and NFT growth.
XRP could see outsized gains if an XRP exchange-traded fund (ETF) moves closer to approval. With the multi-year legal battle with the SEC now concluded, momentum is shifting in favor of broader adoption.
Frequently Asked Questions (FAQ)
Q: Is Donald Trump officially supporting cryptocurrency?
A: Yes. Through executive orders and public appearances like his scheduled speech at the Blockworks summit, Trump has positioned himself as a pro-innovation leader in digital assets.
Q: Can U.S. banks now offer crypto custody?
A: Yes. The OCC has authorized qualified national banks to provide custody services for digital assets, marking a major step toward full integration with traditional finance.
Q: What is the GENIUS Act?
A: It’s a bipartisan bill designed to create a clear regulatory framework for stablecoins in the U.S., aiming for passage within the first 100 days of Trump’s administration.
Q: Are stablecoins safe?
A: Regulated stablecoins like USDC and those backed by Treasuries are considered low-risk due to high transparency and reserve audits. However, investors should always verify issuer credibility.
Q: Could Bitcoin reach $100,000 in 2025?
A: Many analysts believe so—especially if macroeconomic conditions remain favorable and institutional adoption accelerates.
Q: Will XRP get an ETF?
A: While no official approval has been granted yet, the resolution of Ripple’s legal case with the SEC increases the likelihood of future ETF filings.
👉 See how regulatory clarity is unlocking next-gen investment opportunities in digital assets.
Final Outlook: A New Era for Digital Finance
2025 is shaping up to be a defining year for cryptocurrency. With presidential endorsement, banking integration, and global regulatory alignment converging, the foundation for sustainable growth has never been stronger.
As stablecoins gain traction and top cryptocurrencies stabilize after recent volatility, investors are advised to stay informed, monitor policy shifts, and leverage trusted platforms to navigate this evolving landscape.