We’re clearly seeing a global crypto wave building up.

Here’s what some countries have recently done to speed up adoption:

1. Pakistan (2025): CZ joins the Digital Assets Council. A big move to regulate and promote crypto in the country.

2. Kyrgyzstan (2025): New Digital Assets Council with CZ + partnership with Binance to modernize crypto payments and educate on decentralized finance.

3. UAE (2024): Ripple gets a license for crypto payments. Dubai is cementing its status as a major crypto hub.

4. Thailand (2024): USDT and USDC are now authorized for trading. Crypto becomes more accessible there.

5. USA (2024): The SEC approved 11 Spot Bitcoin ETFs. Huge turning point for traditional investors.

6. European Union (2024-2025): MiCA regulation kicks in, finally providing a clear framework for crypto across the EU.

7. Bhutan (2024): $500 million invested in Bitcoin mining infrastructure. Clear ambitions in the sector.

8. Hong Kong (2024): Exchanges can now offer retail crypto trading, and Bitcoin Spot ETFs are pending approval. HK is pushing hard to become a Web3 leader.

Something is definitely happening here.

Between regulations getting structured (EU, US), new markets opening up (Pakistan, Kyrgyzstan), and hubs like Dubai and Hong Kong accelerating — it feels like this wave is global for real this time.

Is the old "crypto = wild west" narrative finally dying?

What do you think? Is this the start of a new bull run driven by states and institutions? Or just normalization without the hype?

Curious to hear your takes.