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Cryptocurrency Digital Assets U.S. Treasury

Troutman Pepper Locke

The GENIUS Act Advances in the Senate

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The U.S. Senate’s proposal to regulate stablecoins, known as the GENIUS Act, has successfully cleared a significant procedural hurdle, moving closer to a full floor debate. On May 19, lawmakers voted to invoke cloture on the...more

Fox Rothschild LLP

Trump and Congress Nullify IRS Reporting Rule for Digital Assets

Fox Rothschild LLP on

The federal rule that would have required crypto platforms to report users’ transactions to the IRS has officially been scrapped. President Trump signed a joint congressional resolution overturning the so-called DeFi...more

Vedder Price

The Trump Administration’s Reshaping of Digital Asset Policy

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Since assuming office on January 20, 2025, President Trump’s Administration, together with various federal agencies and Congress, have initiated several actions that have the potential to reshape the digital asset industry...more

Lathrop GPM

White House Establishes a U.S. Strategic Bitcoin Reserve and Digital Asset Stockpile: What It Is and What It Implies

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On March 6, President Trump issued an Executive Order establishing a Strategic Bitcoin Reserve capitalized by Government BTC and a U.S. Digital Asset Stockpile capitalized by other crypto assets. Creating the Strategic...more

Cooley LLP

Congress Repeals Digital Asset Regulations Applicable to Decentralized Finance Platforms

Cooley LLP on

In a January 27 client alert, we discussed final regulations issued on December 30, 2024, covering tax reporting requirements applicable to certain decentralized finance (DeFi) platforms operating as noncustodial brokers of...more

Fenwick & West LLP

UPDATE: Trump Signs Joint Resolution Repealing DeFi Broker Reporting

Fenwick & West LLP on

On April 10, 2025, President Donald Trump signed a joint resolution to repeal the DeFi broker reporting regulations which were finalized in December in T.D. 10021....more

Paul Hastings LLP

Dramatic Shifts Point to Foundation for a Comprehensive Digital Asset Framework in the US

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In just a few weeks, the landscape for crypto policy has continued to shift dramatically. The president signed into law the repeal of an IRS rule that would have expanded the definition of “broker” to capture DeFi protocols;...more

Clark Hill PLC

CHPS Podcast Episode 2: Bitcoin in the Halls of Power

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In this episode of 'CHPS of Insight,' host Chris White sits down with Bryan Jacoutot, Senior Director of Clark Hill Public Strategies and Clark Hill Economics, to discuss the U.S. federal and state approaches to Bitcoin and...more

Wilson Sonsini Goodrich & Rosati

President Trump Revokes Regulations Applicable for Front-End Service Providers Facilitating Digital Asset and Cryptocurrency...

On April 10, 2025, President Trump signed into law a measure1 that repeals the final regulations relating primarily to persons who are front-end service providers that operate decentralized finance (DeFi) platforms, which...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2025 - Security for New Bitcoin Strategic Reserve

New Bitcoin Strategic Reserve: On March 7, 2025, the White House hosted a Digital Assets Summit to celebrate the creation of a Bitcoin Strategic Reserve and a Digital Assets Stockpile by an Executive Order titled,...more

BakerHostetler

Weekly Blockchain Blog - April 2025

BakerHostetler on

U.S. Financial Services Firms Announce Digital Asset Initiatives - A major U.S. financial services company and operator of global financial exchanges and clearinghouses recently announced an agreement with the issuer of the...more

Thomas Fox - Compliance Evangelist

Regulatory Ramblings: Episode 66 – The U.S. Strategic Reserve and the Emerging Multipolar Crypto World + Recent Developments in US...

The episode opens with Andrew Fei discussing recent US crypto regulatory developments. Then, Henri Arslanian, a leading voice in global crypto circles, shares his insights on the Trump administration’s decision to establish a...more

Jenner & Block

Client Alert: “Stable, as She Goes”: The Cryptocurrency Industry’s Steady Start to a New Congress

Jenner & Block on

A few months ago, in our client alert titled “Mr. Bitcoin Goes to Washington,” we discussed the cryptocurrency industry’s significant political resurgence in the wake of the 2024 election. We not only forecasted a more...more

K2 Integrity

The Tornado Cash Delisting And Sanctions Compliance Implications For Crypto

K2 Integrity on

On 21 March 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) removed Tornado Cash, a virtual currency mixer, from its list of Specially Designated Nationals and Blocked Persons (SDN List),...more

Lowenstein Sandler LLP

Crypto Brief - Lowenstein Crypto Newsletter - March 20, 2025

Lowenstein Sandler LLP on

Lowenstein Crypto advises leading digital asset and cryptocurrency projects, exchanges, and trading firms. Our practice covers regulatory advice, transactions and structuring advice, investigations, and adversarial matters...more

BakerHostetler

Weekly Blockchain Blog - March 2025 #4

BakerHostetler on

Digital Asset Companies Announce Strategic Acquisitions - According to a recent press release, a major U.S. cryptocurrency exchange has entered into an agreement to acquire NinjaTrader, a U.S. retail futures trading...more

Latham & Watkins LLP

President Trump Issues Executive Order Establishing a Strategic Bitcoin Reserve

Latham & Watkins LLP on

An executive order and related legislation centralizes Bitcoin and digital asset holdings across the federal government to optimize oversight and management of crypto as a US reserve asset. On March 6, 2025, President...more

K2 Integrity

FINCast Ep. 40 – 21st Century Financial Warfare: Technology, Economy, & National Security

K2 Integrity on

With global economic alliances shifting and new threats emerging, will the U.S. maintain its dominance in an increasingly complex world? From cryptocurrency to chips to cyberterrorist threats, the battle for global dominance...more

Mayer Brown

Congress Moves Forward on Stablecoin Legislation: The US Senate Banking Committee Approves the GENIUS Act

Mayer Brown on

On March 13, 2025, the US Senate Banking Committee passed the Guiding and Establishing National Innovation for US Stablecoins Act of 2025 or “GENIUS Act,” out of committee by a vote of 18-6....more

Orrick, Herrington & Sutcliffe LLP

White House creates Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile

On March 6, the White House announced Executive Order 14233 to establish the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile. This order aims to leverage bitcoin’s “scarcity and security” by maintaining it as a...more

DLA Piper

Agencies Ease Crypto Scrutiny as White House Advances its Digital Assets Policy

DLA Piper on

Actions come as Trump Administration hosts digital asset summit, creates bitcoin reserve, and pushes stablecoin legislation - Recent actions by federal agencies and the White House could herald a sea change in US policy...more

Clark Hill PLC

White House Establishes Strategic Bitcoin Reserve

Clark Hill PLC on

On March 6, President Trump issued an executive order declaring the “Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile.” The move marks a massive leap forward for an administration that...more

Morrison & Foerster LLP

Navigating Changes in the First 100 Days of the Second Trump Administration

Each week of the first 100 days of the new Trump administration, we will publish updates on key federal financial services regulatory and related developments. This week, we review the following developments as of Wednesday: ...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – March 2025 # 2

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To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Mayer Brown Free Writings + Perspectives

Treasury Markets Trading and Clearing

Acting SEC Chair Uyeda spoke at the Institute of International Bankers’ (IIB) Annual Washington DC Conference on March 11, 2025, about the U.S. Treasury markets. Acting Chair Uyeda discussed the regulation of exchanges....more

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