最新报道:In 2025, the Trump administration's pardons of key crypto figures—including BitMEX co-founders and Binance's Changpeng Zhao—coupled with regulatory rollbacks like the SEC's lenient stance on memecoins and the GENIUS Act weakening stablecoin oversight, have polarized investor sentiment. While these moves reduce enforcement risks and attract institutional participation, 68% of institutional investors find the U.S. regulatory environment unpredictable, driving capital toward jurisdictions like Dubai and EU MiCA-compliant regions for clearer frameworks. XRP trading surged 87% after Ripple's DFSA license, highlighting how foreign regulatory clarity boosts liquidity, even as U.S. compliance retains a 40% cost advantage.