The way regulators are reshaping their stance on digital assets is having real impact on how the market moves. What's striking about 2025 so far is how much ground we've covered—more constructive regulatory frameworks than we've seen in years, genuine momentum in blockchain network adoption, and crucially, the integration piece. Banks and traditional finance platforms aren't just talking about it anymore; they're actually building bridges into the Web3 space. That shift from hostile-or-indifferent to actively integrating? That's changing everything about how stablecoins and tokenized assets get valued. When the regulatory environment loosens up and institutional players move in, it cascades through the entire ecosystem. The dollars flowing into these spaces, the infrastructure getting built—it all hinges on whether policymakers actually get it. And right now, they seem to be getting it faster than most expected.