Crypto deregulation is gaining momentum and would remove structural barriers for institutional adoption, increasing Ethereum’s appeal as the dominant settlement layer for decentralised finance, tokenised assets, and smart contract applications—driving higher network activity, demand for ETH, and long-term value accrual. Here are some recent developments:
- SEC Scaling Back Enforcement: The U.S. Securities and Exchange Commission (SEC) is reportedly scaling back its crypto enforcement unit, with some staff being reassigned within the agency. This move is seen as part of a broader shift towards deregulation under the current administration, led by President Donald Trump. This news was highlighted in multiple sources including The New York Times
- Legislative Efforts: There's an initiative in Congress to form a cryptocurrency working group aimed at developing a regulatory framework that favors the growth of digital assets. This was mentioned in a Reuters article where Representative French Hill, a Republican and chair of the House Financial Services Committee, discussed new legislation that would provide "clarity for a regulatory framework."
- Stablecoin Legislation: There's a push for stablecoin regulation, with mentions of a bill introduced by Senator Bill Hagerty (R-Tenn.) focusing on creating a clear regulatory path for stablecoins. This has been discussed by David Sacks, U.S. President Donald Trump's AI and Crypto Czar, along with Republican lawmakers.
- Executive Actions: President Trump has signed executive orders aimed at promoting crypto growth and reducing regulatory overreach on digital assets. Posts on X have echoed these actions, indicating a significant shift in U.S. policy towards cryptocurrencies.
- Global Influence: There are indications that global perspectives on cryptocurrency regulation are shifting, with countries like Japan planning to review their crypto tax laws by June 2025, and India reportedly reconsidering its stance on cryptocurrency due to these U.S. developments, according to India Today and Coinpedia.
- Trump's World Liberty Finance Holding Ethereum: World Liberty Financial (WLFI), a decentralized finance platform linked to Donald Trump and his family, accumulated a significant holding of Ethereum (ETH).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.