Global Regulatory and Institutional Movements Signal Crypto Growing Legitimacy

The recent developments indicate significant institutional interest and regulatory activity in the cryptocurrency sector. Trump Media has completed a deal to establish a Bitcoin reserve fund worth $2.44 billion, reflecting high-level corporate backing. In the UK, Reform UK has proposed a law introducing a 10% tax on crypto gains, a government Bitcoin reserve, and a regulatory sandbox for banks and startups, signposting a move towards formal regulatory frameworks. Russia’s Rosselkhozbank, in collaboration with the Central Bank, is exploring using cryptocurrency for grain trade payments, which could enhance cross-border trade efficiency. Meanwhile, Stripe is negotiating with banks to integrate stablecoins for global transactions, indicating mainstream adoption efforts. China's state analytical center views Bitcoin as a potential strategic reserve to replace gold amid dollar weakening and inflation concerns.