Crypto’s 48-Hour Whirlwind: Market Bloodbath, Big Bank Bets, and $1M Bitcoin Prophecies (Sept 25–26, 2025)
Global Regulatory Developments and Crypto Policy Shifts United States – A Friendlier Stance: In Washington, a significant shift in crypto policy is underway. President Donald Trump’s administration has adopted a crypto-friendly approach, prompting U.S. regulators and Congress to advance new legislation gemini.com. Earlier this year, lawmakers passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, providing a clear framework for stablecoins cointelegraph.com gemini.com. The GENIUS Act establishes standards for reserve-backed stablecoins and even allows foreign-issued stablecoins from equivalent regulatory regimes, signaling a more open U.S. market cointelegraph.com cointelegraph.com. A broader digital asset market structure bill is also