According to the source, Patrick Witt said decentralized finance remains a difficult concept for some U.S. senators to grasp, while noting progress is being made toward meaningful legislation during remarks at Ripple's Swell 2025, source: remarks by Patrick Witt at Ripple's Swell 2025. According to the source, his update signals ongoing Senate-level work on DeFi policy that traders should monitor within their regulatory news flow, source: remarks by Patrick Witt at Ripple's Swell 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.