29/05/2025

Crypto Diary 2025

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2025 brings significant developments, trends, and events that could shape the crypto landscape. Below is a monthly roundup of the key updates, forecasts, and regulatory movements to keep you informed.

May 2025

Real Estate Tokenization on the Rise
A recent Deloitte report suggests that a significant portion of the world’s physical assets may be converted into digital tokens over the next decade. If this trend materializes, it could raise new legal, contractual, and tax-related questions—requiring regulators and legal entities to prepare accordingly. [Source]

Bitcoin Enters Corporate Strategy
The merger between KindlyMD and Nakamoto Brands illustrates a growing trend: crypto assets—especially Bitcoin—being integrated into corporate strategies, not just held as private investments. This shift is raising regulatory, tax, and even ethical questions regarding board responsibilities and shareholder protections. [Source]

GENIUS Act Advances in U.S. Senate
On May 20, 2025, the U.S. Senate passed the GENIUS Act, aimed at regulating stablecoins. The bipartisan legislation seeks to reinforce the dollar’s dominance, protect consumers, and increase demand for U.S. treasury bonds. [Source]

Coinbase Publishes Evidence of Regulatory Hostility
On May 12, 2025, Coinbase released 10,000 pages obtained through FOIA requests, indicating a persistently hostile regulatory stance toward crypto from various U.S. government bodies. [Source]

SEC Approves XRP ETFs
The U.S. SEC greenlit the launch of three XRP-based futures ETFs this month. Additionally, CME Group announced the addition of XRP futures to its commodities and derivatives exchange. [Source]

Class Action Filed Against Strategy (formerly MicroStrategy)
A class-action lawsuit was filed in May 2025 against Strategy (previously MicroStrategy), accusing the company of misleading investors about the projected profitability and risks of its Bitcoin investment strategy. [Source]

April 2025

GameStop Buys Bitcoin, Stock Dips
GameStop raised $1.5 billion, a portion of which was used to purchase Bitcoin. The move reignites debate over how crypto integration might affect the financial stability, stock price, and risk perception of public companies. [Source]

Stablecoin Regulation & U.S. Tax Reform
Experts continue to argue that without a clear and consistent legal classification for stablecoins, building a robust and effective tax framework for digital assets will remain difficult. The issue remains central in legislative and regulatory discussions. [Source]

Bitcoin Stabilizes at $85,000; Analysts Warn of Volatility
On April 20, CryptoQuant detected the movement of approximately 170,000 dormant Bitcoins—potentially signaling high volatility ahead, as such patterns have preceded sharp price swings in the past. [Source]

March 2025

Clearstream Launches Crypto Custody Services
Clearstream, part of Deutsche Börse, announced it will offer custody and settlement services for cryptocurrencies, initially targeting Bitcoin and Ethereum. This marks another step in institutional crypto adoption. [Source]

Crypto-Linked Tax Evasion Case Surfaces
Iris Oh, partner of Love Island winner Davide Sanclimenti, pleaded guilty to tax offenses tied to over $2.6 million in crypto fraud profits from her former partner. The case underscores the importance of tax compliance in the crypto space. [Source]

Coinbase Returns to India
Coinbase received regulatory approval to register with India’s Financial Intelligence Unit, allowing the company to resume operations in the country after a previous exit due to regulatory pressure. [Source]

SEC Reconsiders Crypto Custody Rules
Acting SEC Chair Mark Uyeda hinted at a possible revision to the agency’s proposed tightening of crypto custody requirements—suggesting a more flexible regulatory approach under the current administration. [Source]

Senate Banking Committee Advances Stablecoin Bill
The Senate Banking Committee approved new legislation to regulate stablecoin activity—marking a critical step toward legal clarity and growth in the digital asset ecosystem. [Source]

Sharp Declines in Bitcoin and Leading Cryptos
Bitcoin fell below $90,000, its lowest since November 2024. The decline was triggered by U.S. economic concerns and new tariffs on imports from Canada and Mexico. Ethereum and XRP also saw significant drops.

U.S. Announces Strategic Crypto Reserve
On March 2, 2025, President Trump unveiled a Strategic Crypto Reserve—including Bitcoin, Ethereum, XRP, Solana, and Cardano—as part of an effort to solidify the U.S.’s leadership in digital assets.

February 2025

Regulatory Shifts Under New U.S. Administration
With Donald Trump’s return to office, the U.S. has adopted a more crypto-friendly stance. A presidential order titled “Strengthening American Leadership in Digital Financial Technologies” was signed to establish a regulatory framework and improve crypto companies’ access to banking services. David Sacks was appointed the White House “AI and Crypto Czar,” signaling a strong commitment to industry growth.

Market Volatility Follows U.S. Tariff Announcements
Recent U.S. tariff announcements triggered sharp crypto market swings—Bitcoin fell over 7% (under $100,000), while Ethereum dropped by over 20%. After rapid negotiations between the U.S. President and Mexico’s President, a one-month delay in tariffs was announced, and Bitcoin rebounded to around $98,500. This sequence highlights the market’s sensitivity to geopolitical shifts.

Elon Musk Unveils “X Money”
Elon Musk announced plans to launch “X Money” in 2025—a payment system that doesn’t require a traditional bank account and could support crypto payments. The initiative is part of Twitter’s rebrand into a super-app. Visa also confirmed a collaboration with Musk and X Money to rival Venmo.

January 2025

Grayscale Launches Dogecoin Fund
Grayscale Investments announced a new investment fund focused on Dogecoin, aiming to capitalize on growing interest in alternative cryptocurrencies. The fund offers exposure to Dogecoin, which has evolved from meme coin to a tool for global financial inclusion.

Davos 2025: Global Focus on Crypto Regulation
At the 2025 World Economic Forum in Davos, experts discussed the implications of the U.S.’s pro-crypto stance under President Trump. There is speculation that other leading nations may follow suit—raising key questions about what future regulation must include to unlock crypto’s full potential.