[Elliptic Report Indicates Banks, Stablecoins, and Asian Financial Hubs Will Dominate Crypto Policy-Making] Elliptic has released the 'Global Cryptoasset Regulatory Outlook 2025' report, highlighting that global cryptocurrency regulation is undergoing transformation, with banks, stablecoins, and Asian financial hubs set to lead the next phase of policy-making. This year, governments around the world are shifting their regulatory focus from enforcement-driven approaches to building comprehensive regulatory frameworks that prioritize innovation. U.S. President Trump has made seizing leadership in the cryptocurrency sector one of his core policy priorities and has pushed for the formal passage of the 'Cryptocurrency Innovation and Cybersecurity Enhancement Act' (GENIUS Act), which has become the first federal-level stablecoin regulatory framework in the United States.