The Trump administration has initiated a shift in US crypto policy, moving away from the regulatory approach of the Biden administration towards a more permissive environment. This new direction includes deregulation measures and the establishment of a national Bitcoin reserve.
Under President Biden, agencies like the SEC increased enforcement actions related to crypto. However, the Trump administration dismantled much of this framework in 2025 through Executive Order 14178 and the disbanding of the NCET.
The industry anticipates a more favorable environment with reduced regulatory pressures and the creation of a national Bitcoin reserve, signaling a commitment to embracing digital assets for economic growth and technological leadership.