[Analyst: 2025 Will Be a Watershed Year for Cryptocurrency Policy, Regulatory Clarity to Drive Institutional Adoption] BlockBeats News, December 24, according to crowdfundinsider, TRM Labs policy team members Ari Redbord and Angela Ang, along with TRM's EMEA compliance advisor Luke Dufour, jointly reviewed the most significant developments in global cryptocurrency policy in Q4 2025. They examined the crypto policy progress across 30 jurisdictions and identified several key trends: · Stablecoins dominated the policy agenda, with over 70% of jurisdictions advancing stablecoin regulations by 2025. · Clearer regulations created tailwinds for institutional adoption, with approximately 80% of jurisdictions' financial institutions announcing new digital asset initiatives. · The impact of regulation on illicit financing remains evident. TRM analysis found that Virtual Asset Service Providers (VASPs), as the most heavily regulated segment of the crypto ecosystem, exhibited significantly lower rates of illicit activity compared to the broader ecosystem. TRM Labs highlighted that 2025 will be "a watershed year for U.S. cryptocurrency policy." Meanwhile, Q4 reinforced the momentum of crypto policy, emphasizing that it is "no longer just about bills advancing in Congress." Instead, regulators are increasingly "leveraging guidance, oversight, and enforcement to achieve policy objectives."