According to @WatcherGuru, Federal Reserve official Michelle Bowman said U.S. bank regulators are working on crypto stablecoin rules (source: @WatcherGuru tweet, Dec 1, 2025). For traders, this flags active U.S. policy work directly tied to stablecoin market structure and banking oversight; monitor headline risk and liquidity conditions in USDC and USDT pairs as guidance emerges (source: @WatcherGuru tweet, Dec 1, 2025).

According to the source, three trading-relevant developments were disclosed with direct regulatory and liquidity implications for crypto markets. WazirX said it will resume operations on Oct. 24, 2025, restoring access for Indian users; Source: WazirX official announcement. Revolut stated it has received authorization under the EU MiCA framework and is launching its upgraded crypto offering branded as Crypto 2.0, indicating EU-compliant services; Source: Revolut company announcement and EU regulator public licensing register. Multiple crypto company CEOs met with U.S. Senate lawmakers to restart stalled digital-asset legislation, highlighting potential movement on market structure and stablecoin rules; Source: public statements from U.S. Senate offices and participating executives. For traders, monitor INR on-ramp availability and spot volumes on WazirX-listed pairs at reopening; track Revolut’s EU product changes, asset listings, and custody/staking adjustments under MiCA; and follow Senate hearing calendars and bill updates that could affect exchange compliance, stablecoin issuance, and token listings; Sources: WazirX official channels; Revolut corporate communications and EU regulatory registers; U.S. Senate public schedules and executive statements.

According to @MilkRoadDaily, the proposed GENIUS Act aims to introduce a transparent regulatory framework for stablecoins in the US, establishing clear compliance requirements for issuers and operators. This legislation could significantly reduce legal uncertainty for stablecoin projects and crypto traders, enhancing market stability and fostering institutional adoption. The thread outlines the specific rules the Act would introduce, such as reserve requirements and reporting standards, and assesses the likelihood of passage based on current legislative sentiment (source: @MilkRoadDaily, Twitter thread).