Regulatory developments and global adoption

​United States: Under the Trump administration, there are indications of easing laws related to cryptocurrencies, with the U.S. central bank (Federal Reserve) moving towards accepting cryptocurrencies as part of the daily operations of banks.

​Central Bank Digital Currencies (CBDCs): European countries and others continue to conduct intensive testing on their central bank digital currencies (such as the digital euro), with the number of experimental projects reaching 44 projects.

​Switzerland: Remains a global leader in regulation, providing a clear framework and tax incentives for blockchain companies and investors.