Last week, I found myself explaining cryptocurrency to my nan over tea and digestives. She listened politely as I rambled about blockchain technology, then asked me the most sensible question of the day: "But dear, when will I actually be able to use this stuff?"

Turns out, she might not have to wait much longer.

While politicians have been busy passing bills with names like "The Big Beautiful Bill" (honestly, who comes up with these?), the crypto world has been quietly preparing for what could be its biggest summer yet. Between government endorsements, new regulations, and enough upcoming announcements to make your head spin, we're looking at a perfect storm of legitimacy brewing.

Let me walk you through what's coming down the road—and why it might finally answer my nan's question.

🏛️ Washington Finally Gets Its Act Together

The US government is about to become crypto's biggest customer—whether it likes it or not.

Think of the Treasury General Account like the government's current account at the Bank of England. Right now, it's running a bit thin after all that spending, so they'll need to issue hundreds of billions in bonds to top it back up. This creates a fascinating chain reaction: money flows out of stocks and into bonds, which typically drains liquidity from riskier assets like crypto.

But here's the kicker—crypto operates on about a three-month delay when it comes to liquidity effects. So while the government's bond bonanza might pinch other markets immediately, crypto could keep riding the wave of previous money-printing well into October.

The surprise stat: Bitcoin has tracked global money supply so closely that analysts can practically set their calendars by it.

This means your summer crypto portfolio might be in for a surprisingly pleasant ride, assuming investors can stomach the uncertainty around Trump's trade policies. Speaking of which...

📅 Mark Your Calendar: Crypto's Big Week

July 14th might just become crypto's independence day.

Politicians are calling it "Crypto Week"—a five-day stretch when the House will vote on multiple crypto bills. The star of the show? The GENIUS Act, which sounds like something dreamed up in a marketing meeting but actually tackles stable-coin regulation in a meaningful way.

There's also chatter about the SEC finally introducing its "temporary exemptive relief framework." In plain English, this would essentially make most crypto activities legal in the US for a limited time—like a regulatory sandbox, but with actual consequences.

But here's what really matters: these changes don't create money flows, they just make it easier for money to flow. What creates actual investment is eye-catching announcements like tokenized stocks or new DeFi products.

The practical bit: Companies have been sitting on these announcements, waiting for clearer regulations. Once the legal green light switches on, expect a flood of "we're launching [insert crypto innovation here]" press releases.

💰 The Global Stablecoin Chess Match

While America sorted itself out, the rest of the world didn't exactly sit around waiting.

The EU quietly implemented its crypto regulations last year. Singapore's been ahead of the curve since 2020. South Korea's pushing hard for won-denominated stablecoins. Even Dubai's gotten into the game, positioning itself as the crypto hub of the Middle East.

But here's where it gets interesting—and slightly ridiculous. Eight major South Korean banks recently formed a joint venture to issue their own stablecoin, presumably because they were terrified of being beaten to the punch by a fintech company. It's like watching your local bank branch try to out-innovate WhatsApp.

The numbers that matter:

• Euro-denominated stablecoins doubled in six months
• EUR/USD surged 12.88% this year alone
• One crypto influencer made 13% just by holding euros instead of dollars

The takeaway? The dollar's stablecoin dominance isn't guaranteed forever. As trade tensions rise and currencies fluctuate, we might see more people parking their digital money in euros, won, or Singapore dollars.

"The current crypto dominance war among nation states is best analysed when divided into two—the Western movement (most liquidity) and the Eastern movement (most users)."

The Bottom Line

We're witnessing something rather extraordinary: the convergence of American regulatory clarity, global competition for crypto dominance, and what appears to be a summer full of positive liquidity conditions. It's like watching a dozen different forces finally align after years of pulling in opposite directions.

My nan probably won't be buying Bitcoin with her pension just yet, but she might soon use a digital pound without even realising it. And honestly, that's probably how most people will end up using crypto—not as an investment, but as money that just happens to work better than the old stuff.

Will this all pan out as predicted? Well, if I knew that for certain, I'd be writing this from my yacht rather than my slightly draughty home office. But the pieces are certainly falling into place in a way they haven't before.