2025 will become a key turning point in the crypto industry. The former bans and restrictive policies are gradually evolving into more mature regulatory frameworks. Major economies such as the United States and the European Union are implementing targeted legislative measures, directly changing the global crypto asset regulatory ecosystem.

From pure "crackdowns" to a combination of "regulation and development," this shift in attitude did not happen overnight. Regulatory authorities in various countries are beginning to realize that outright bans are less effective than establishing clear rules of the game. What is the result? On one side, regulatory frameworks are becoming increasingly完善, and on the other side, innovative projects continue to emerge. The two are not opposed; instead, they are mutually driving each other forward.

Even so, the crypto market in 2025 still faces multiple challenges. The new regulatory frameworks mean higher compliance costs, and some small and medium projects may face the risk of being pushed out. However, for capable builders and investors, this also represents long-term opportunities brought by market normalization. Clarified regulations, in fact, clear the way for large institutions to enter.