New Era for Crypto in D.C.: Triumphs adn Hurdles
july 14, 2025, kicked off Crypto Week. This event is a sign that the new management continues to shape crypto regulations.
One notable win came when President trump pardoned ross Ulbricht, the creator of Silk Road.Sentenced in 2013 for drug trafficking, Ulbricht is seen as a pioneer in Bitcoin adoption despite his criminal activities. His pardon symbolized hope for the crypto community.
The SEC also became friendlier toward cryptocurrencies. after Gary gensler’s resignation,the agency welcomed crypto experts to guide industry rules. Memecoins’ status shifted to “collectibles,” easing restrictions on businesses.
- Hester Peirce and others guided the SEC’s positive
