Do you remember the days when cryptocurrencies were under intense pressure? The current situation is vastly different. By 2026, cryptocurrencies are no longer suppressed; instead, they have become assets that the global mainstream financial system is eager to "absorb."

**A 180-Degree Policy Turnaround**

The previous heavy-handed regulation—frequent lawsuits by the US SEC, cutting off banking services—these scenes are fading away. After the Trump administration took office, the US attitude changed completely. The GENIUS Act passed in 2025 directly established the legal status of stablecoins. This is not just a nominal recognition; more importantly, the Federal Reserve stopped those special audits targeting banks involved in crypto activities. Translation: Banks can now embrace cryptocurrencies more legitimately.

The EU is not slow either. The MiCA regulation has been fully implemented, and regulatory frameworks in the UK and Australia are also rolling out in 2026. This time, the difference is that regulation is no longer about "eliminating" something but about "integrating"—bringing crypto assets into the traditional banking system.

**From Margins to the Center Upgrade**

The influx of institutional funds best illustrates the point. Financial giants like Morgan Stanley and Visa have already integrated stablecoins into their settlement systems. Bitcoin and Ethereum ETFs have long been standard options in asset allocation.

What was the "ultimate pressure" tactic before? Cutting off the connection between crypto and fiat currencies—closing friendly banks, freezing accounts. Now, these methods have become ineffective. Instead, a progressively interconnected financial ecosystem is emerging, and the boundaries between crypto assets and traditional finance are dissolving.