Archive · 28 Jul 2025
U.S. Crypto Embrace: A Catalyst for Mainstream Investments
Cryptocurrencies, like Bitcoin, were created to avoid government control.
Surprisingly, the U.S. government is now creating rules and laws for them.
This has made cryptocurrencies more accepted, especially with the approval of Bitcoin ETFs.
These ETFs allow big companies to offer funds that hold Bitcoin.
New laws also require stablecoins to have reserves.
In India, more people are investing in crypto, although exchanges aren't overseen by major financial regulators.
Despite some security issues, the chance of profit keeps attracting investors.
U.S. government is legalizing and formalizing cryptocurrencies, a contrast to their original aim of circumventing traditional finance.
The approval of spot Bitcoin ETFs in early 2024 marked a significant shift, allowing major Wall Street players to offer funds holding actual Bitcoin.
The GENIUS Act legitimizes digital tokens and mandates stablecoin issuers to maintain reserves.
India witnesses growing crypto trading, with domestic exchanges operating under FIU-IND compliance, but lack SEBI and RBI purview.
Despite cybersecurity breaches, historical returns make this asset class still appealing for investors.
- Who
- The U.S. government, institutional investors, and crypto users in India.
- What
- The increasing formalization and legalization of cryptocurrencies.
- When
- Early 2024 with the approval of spot Bitcoin ETFs.
- Where
- Primarily in the U.S. and India, with a fragmented global landscape.
- Why
- To bring the crypto asset class within the regulatory perimeter, and to foster a new wave of institutional euphoria.
Original Crypto Vision
Mainstream Acceptance
Core Tenets vs. Current Trend
Original Crypto Vision
Decentralization, privacy, and freedom from government control
Mainstream Acceptance
Governmental regulation and institutional embrace.
- Bitcoin ETF Approval
- Early 2024
- GENIUS Act
- Legitimized digital tokens and regulated stablecoins.
- Indian Crypto Taxation
- 30% tax plus surcharge and 4% cess on gains.
- Indian Exchanges
- CoinDCX, ZebPay (with FIU-IND compliance)
- WazirX Loss
- $230 million