A new report from Elliptic indicates a significant shift in global cryptocurrency regulatory policies, with banks, stablecoins, and Asian financial hubs at the forefront. The report suggests that governments are transitioning from enforcement-heavy models to innovation-focused frameworks. In the U.S., the GENIUS Act exemplifies this trend by proposing a federal stablecoin framework. Additionally, regulatory policies are increasingly linked to Countering the Financing of Terrorism (CFT) efforts, reflecting evolving global compliance standards.