Update of the global landscape – entering the golden age of bitcoin origins and encrypted origins

In today’s encryption for advisers, Andre Dragosh From BitWise Europe, it provides an update to the global organizational scene of the regulation of encryption, and indicates that we may enter the golden age of encryption.

then, Beth Hadok From Wrighton Advisers answers questions about the impact of organizational clarity on the encryption market on an expert proposal.

– Sarah Morton

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Update of the global landscape – entering the golden age of bitcoin origins and encrypted origins

Many have changed over the past six months. Donald Trump took office in the United States on January 20, which was already two months ago. However, in this relatively short time period, the new administration has presented a wide range of positive organizational changes in the United States, including:

• Executive demand for digital financial technology
• Create a strategic bitcoin reserve and the stock of national digital assets
• SEC encoding
• The advance of the genius law
• Convert in SEC enforcement strategy

The executive order to create the US strategic reserves has already created the United States as the largest unilateral sovereignty of Bitcoin in the world, with more purchases.

On the other side of the blessing, the “Markets in the Fundamentals of encryption” (MICA) entered the end of 2024, and it should also bring more organizational clarity to Europe and coordinate encryption organization throughout the continent.

It seems that MICA is at least three to five years to organize American encryption in terms of clarity, consistency and implementation. If the United States has succeeded in organizing a comprehensive encryption in the next few years, it may start to bridge the gap, but from now, MICA is highly advanced in providing legal certainty of the origins of encryption in Europe, which may be a major engine for institutional adoption throughout the continent.

The European Central Bank also revealed that it will provide CBDC digital in October this year, before the specified date. It is rumored that the digital euro for the use of general groups such as ETHEREUM, which may greatly enhance ETHEREUM on the chain.

Bitcoin and other encryption assets appear to enter the main current.

However, the new Trump administration policies did not do much to create certainty in the financial markets. In fact, uncertainty in US economic policy has increased to the highest level since the Covid-19 stagnation in 2020 due to increased trade tensions and government-related job discounts.

Our fear of stagnation in the United States returned to the table. According to the Al -Rahman -based betting site, Polymarket, The possibility of American recession In 2025, it already increased to 41 %. Delay Atlanta feeds Prediction is also estimated that the latest GDP growth numbers for Q1 2025 is 1.8 % quarter of a quarter.

The US job reduction ads increased in February to the highest level since the Covid stagnation.

While all this has certainly weighs on risk -fragrant assets, including Bitcoin and Crypto, data also creates a positive background across the renewed dollar and increased federal reserve rate expectations.

The width of the global money, already close to its highest level, is accelerating again, which promises good due to rare encryption origins like Bitcoin. Bitcoin generally tends to prosper in weak environments in dollars, where the growth of the global money show is accelerated.

There is also an increasing possibility that encryption assets can separate traditional financial markets given privacy factors such as the late influence of Bitcoin and the constant supply deficit in stock exchanges. The structural flows in the United States should continue to the Bitcoin investment funds and the ongoing purchases by companies around the world to contribute to this wide deficit in the offer. These factors are likely to continue providing the back wind of encryption origins in the coming months, regardless of the total environment.

However, renewed expectations for a decisive transformation in monetary policy amid global growth concerns, along with the scarcity of width, can push the next wave of adoption and hypothesis to the main current.

It seems as if the golden age of Bitcoin and the assets of encryption has just started.

–Andre Dragush, Head of Research – Europe, BitWise

Ask an expert

Q: With the shift in SEC leadership, does companies expect a favorable organizational environment, or are there new risks they need?

A: The Supreme Education Council turned away from the organization according to wheat and formation The encryption workplace Referring to a change in the approach, rather than moving to the protection of relaxation against fraud and theft. Protection of consumers, market safety and cybersecurity remain major areas of enforcement. Companies should focus on transparency and fair handling of expectations. In addition, as we saw with memecoins, the plaintiff Collective lawsuit lawyers and State organizations Gaps are likely to fill in federal control. Market fluctuations will also increase the need for strong operational flexibility to withstand these risks.

Q: How is the genius law compared to other global regulatory frameworks such as MICA, and what does this mean to companies operating in both the United States and Europe?

A: The genius law differs from Mika in its approach to the organization of Stablecoin, especially in its focus on global adoption and the impact of the US dollar. While MICA gives priority to protection for euro -backed Stablecoins within the European Union, it imposes restrictions on non -euros Stablecoins in certain cases of use. In contrast, the genius law, as proposed, will encourage the international use of the dollar -backed stability, which enhances the role of the dollar in global payments.

For companies working in both markets, the provisions for similar transaction in ACT can facilitate cross -border transactions and organizational alignment with American frameworks, which may expand access to digital -resistant digital assets.

–Beth Hadok, administrative partner and founder of Wrighton.

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