1、The readiness ofthe digital assetecosystemS T A T E O F C R Y P T O 2 0 2 5Explore how global financial services organizationsare enhancing their digital asset strategies,and uncoverfuture opportunities,challenges and crypto predictionsForewordSimone Maini,CEO,Ellipticcompliance requirements has mea

2、nt that many organizations,both crypto-native businesses and mainstream financial institutions have been operating in a holding pattern,constantly having to second guess what type of regulation might be coming down the line,and when.However,changes are underway that are shaping the regulatory landsc

3、ape to be more favorable towards institutional adoption.The implementation of robust regulatory frameworks for digital assets in jurisdictions such as the European Union,United Arab Emirates,Hong Kong,and Singapore,are providing financial institutions with confidence about the rules of the road.In t

4、he US,the outcome of the November 2024 election suggests that greater regulatory clarity should be on the way for the US as well.Our research highlights how increasingly clear and consistent regulations will instil confidence,trust and credibility into digital asset markets.In particular,organizatio

5、ns are now looking for movement within the US regulatory landscape,post-election,believing that this will have a major impact on the direction of the global crypto industry.While there is a trend towards greater regulatory certainty,organizations must continue operating in what remains an evolving l

6、andscape,which involves identifying scalable ways to pursue opportunities in the sector.Fortunately,there are tried and tested methods for launching digital asset products and services in a safe and sound manner that achieves regulatory compliance,as we have seen repeatedly through our work at Ellip