ChainThink report, December 24: According to CrowdfundInsider, Ari Redbord and Angela Ang from TRM Labs' Policy team, alongside EMEA Compliance Advisor Luke Dufour from TRM, reviewed the most significant developments in global crypto policy for Q4 2025 and analyzed policy advancements across 30 jurisdictions, revealing several key trends:

· Stablecoins dominated the policy agenda, with over 70% of jurisdictions advancing stablecoin regulation in 2025.

· Clearer regulation created tailwinds for institutional adoption, with approximately 80% of jurisdictions reporting new digital asset initiatives by financial institutions.

· The impact of regulation on illicit financing remains evident. TRM analysis shows that Virtual Asset Service Providers (VASPs), the most heavily regulated segment within the crypto ecosystem, exhibit significantly lower illicit activity rates compared to the broader ecosystem.

TRM Labs notes that 2025 marks a "watershed year for U.S. crypto policy," while Q4 reinforced the momentum that "regulation is no longer merely about bills advancing through Congress." Instead, regulators are increasingly leveraging guidance, supervision, and enforcement to achieve policy objectives.