The passage of a U.S. stablecoin bill could be one of the most important regulatory developments in the history of crypto, the report said.

Michigan and Washington are advancing new cryptocurrency regulations, aiming to boost innovation, protect investors, and clarify digital asset rules.

SEBI Chair Tuhin Kanta Pandey emphasised that the government must decide on crypto regulation in India, highlighting the need for a policy decision at the ASSOCHAM conference.