June 2025 will be remembered not only for the decline in the crypto market triggered by the conflict between Israel and Iran, but also for several significant changes happening behind the scenes.
While the world was on the brink of a Third World War and markets were tumbling,only to rebound even faster, June proved to be yet another month of steady growth and global adoption of cryptocurrencies.
Here are the five most important developments we’ve highlighted.
1. The GENIUS Act: A Comprehensive U.S. Legal Framework for Cryptocurrencies
After years of debates and regulatory uncertainty, the United States Senate has passed-by a large majority vote (68–30), a comprehensive crypto regulation known as the Guiding Evolution of New Innovations for Ubiquitous Stability Act (GENIUS Act).
Some of the most significant provisions include:
- Until now, crypto companies in the U.S. did not know whether their tokens were considered securities, commodities, or payment instruments. As a result, conflicts with regulators were frequent, and businesses were unable to plan their development with confidence.
The GENIUS Act finally introduces clear definitions and rules, giving companies certainty about where the boundaries lie. - The GENIUS Act introduces a unified federal license for crypto companies, meaning they will no longer have to register separately in each individual state, a process that has been both costly and complicated.
This change makes it much easier for legitimate crypto businesses to expand and grow across the U.S. market. Stablecoins (such as USDT and USDC) will be required to maintain 100% reserves and will be subject to regular audits.
This measure increases trust among users and investors, making stablecoins reliable global instruments for payments and storing value.
- With clear regulations in place, major banks, investors, and companies can more easily enter the crypto space.
The GENIUS Act opens the door to institutional investments and wider adoption of cryptocurrencies in the real world.
The GENIUS Act represents a well-balanced approach between innovation and regulatory rigor.
For the industry, it marks the end of the “gray area” era and opens the door to increased institutional participation, the development of global crypto products, and greater consumer confidence.
2. Texas Establishes Bitcoin Strategic Reserves
In a move that surprised many traditional economists but thrilled the crypto community, Texas—the second-largest economy in the U.S. and the eighth largest globally—has passed a law allowing the creation of Bitcoin reserves as a hedge against inflation and currency devaluation.The law permits state agencies and public institutions to hold a portion of their reserves in Bitcoin.
Advocates argue that Bitcoin’s scarcity and decentralized nature make it an ideal asset for protection during times of economic uncertainty.
Texas, with its strong energy sector (one of the global leaders in Bitcoin mining) and libertarian-leaning policies, now aims to further position itself as a Bitcoin-friendly jurisdiction and attract crypto companies seeking regulatory certainty and support.
This decision marks the first time a U.S. state has formally incorporated Bitcoin into its fiscal strategy, potentially triggering a domino effect in other states.
3. Historic IPO of Circle: Crypto Enters the Heart of Wall Street
Circle, the issuer of USDC, the second-largest stablecoin, went public on the New York Stock Exchange with outstanding results.The IPO raised over $10 billion, making it one of the most successful public offerings in Wall Street history.Since its launch day, Circle’s stock price has surged by 700%.
What makes this moment monumental is not just the financial success, but also the symbolic integration of crypto into traditional capital markets.Circle’s public listing represents the legitimization of stablecoins and their crucial role in modern finance.
4. J.P. Morgan and Bank of America Enter the Stablecoin Market
Two of the largest U.S. banks, J.P. Morgan and Bank of America, confirmed in June that they are actively developing their own stablecoins for internal use and for their clients.
This institutional acceptance of stablecoins reflects a profound shift in the banking sector.
Instead of viewing crypto as a threat, traditional banks are now leveraging blockchain technology to enhance speed, efficiency, and global reach.
Let’s not forget that J.P. Morgan was once a major opponent of Bitcoin.
In the meantime, the bank has allowed its clients not only to buy Bitcoin ETFs but also to use Bitcoin as collateral when approving loans.
5. Pakistan Forms Bitcoin Reserves and Hires Michael Saylor as Strategic Advisor
In one of the boldest geopolitical moves of the year, Pakistan—the only Muslim country with nuclear weapons—announced the formation of Bitcoin reserves as part of its national wealth diversification strategy.
The goal of this decision is to protect against inflation and reduce reliance on reserves denominated in U.S. dollars, sparking intense international debate.
Drawing additional attention, Pakistan has hired Michael Saylor — the world’s most prominent Bitcoin advocate and co-founder of MicroStrategy — as a strategic advisor for the accumulation and management of the country’s digital reserves.
Saylor, who once led MicroStrategy to become the first publicly traded company to hold Bitcoin as part of its treasury strategy, brings significant experience and credibility.
His engagement signals Pakistan’s serious intent to position itself as an advanced crypto economy in the Global South, with a population of 250 million, 60% of whom are under 30 years old.
Conclusion: Crypto at a Global Turning Point
June 2025 clearly demonstrates that crypto is no longer a marginal phenomenon. Governments are regulating it, Wall Street has strongly embraced it, and even nations are integrating it into their strategic frameworks.The convergence of policy, capital markets, and institutional interest suggests that the crypto revolution is not only inevitable — it is already here.
For countries, companies, investors, and decision-makers, the message is clear: adapt or be left behind. The financial future is being written in real time, and June 2025 is just one of many confirmations – the digital economy will rely on crypto as its core infrastructure.
Bogdan Vujović
Legal Advisor & Brand Ambassador
Crypto12