Significant Developments in U.S. Crypto Policy and Regulation
- Congress passed the first major piece of crypto legislation in U.S. history, signed into law by the president.
- The SEC has dismissed most of its cases against crypto companies from the previous year.
- Ongoing legal cases include appeals from Sam Bankman-Fried and a partial conviction for Roman Storm.
- The GENIUS Act addressing stablecoins became law, while negotiations on a market structure bill continue.
- Global regulatory approaches to digital assets are evolving, with new licenses issued in the Middle East and changes in Russia’s policies.
This year marked a pivotal shift in U.S. cryptocurrency regulation, as federal regulators eased enforcement actions and Congress enacted significant legislation to support the industry. The dismissal of many SEC cases reflects a changing landscape for crypto firms operating in the U.S.
With Congress passing landmark legislation and the SEC dismissing most prior cases, the regulatory environment for crypto is becoming more favorable for businesses moving forward.