... leadership, eliminating significant uncertainty for the market. Additionally, at the end of July, the White House published the first strategy on digital assets — a report from the presidential working group explicitly urged financial authorities to accelerate the integration of cryptocurrencies into the national system. These events have served as powerful positive signals for the industry. Similar trends are forming in other parts of the world. In the European Union, the MiCA (Markets in Crypto-Assets) ...

... post-pandemic recovery is entering a more challenging phase. Beijing announced a series of targeted economic support measures (stimulating domestic demand, tax benefits for businesses); however, global investors doubt whether these steps are sufficient to accelerate growth to targeted levels of ~5.5-6% per year. Further pressure on sentiment in Asia comes from trade and political factors. After the introduction of new US tariffs on a range of Chinese goods at the beginning of the year, many regional exporters ...

... region is still relatively modest, the groundwork for future growth is gradually being laid. Investors are shifting their focus to more mature projects with well-thought-out business models while the government is expanding support through IT education, accelerators, and special tax regimes. Local startups are striving to integrate into global value creation chains, relying on their strengths in advanced technology areas (AI, Big Data, etc.). As a result, the Russian and neighboring ecosystems are trying ...

... making new coal projects less attractive. However, as noted, some countries in Asia are temporarily increasing coal combustion to avoid purchasing expensive gas. As a result, global coal consumption remains at a plateau. According to the IEA, with an acceleration of the energy transition and a gradual shift in China toward gas and RES, global coal demand will begin to decline slowly starting from 2026. For now, the coal sector provides near-record levels of electricity generation worldwide, remaining ...

... mentioned Hong Kong, cryptocurrency-friendly regimes are being established in the UAE (Dubai), Singapore, and Switzerland. They offer clear rules and tax incentives, trying to attract blockchain firms and capital. This compels more conservative countries to accelerate the development of regulatory approaches to avoid falling behind. As a result, 2025 can be considered a turning point: there is a global formation of the rules of the game, where many states are striving to find a balance between controlling ...