As the Trump administration seems to embrace digital assets fully in the United States, there are plenty of reasons to be optimistic in terms of Crypto’s future, but also many areas of uncertainty.
In today’s edition, Beth Haddock of Warburton advisers leads us through the first 30 days of Trump’s period and analyzes the far-reaching influence that his administration could have in the crypto industry.
Then DJ Windle from Windle Wealth answers questions you may have from the article in Ask and Expert.
– Sarah Morton
30 days of Trump: What has been changed to crypto?
A year ago, skepticism standing and stopping political progress with Krypto’s growth. Trump’s electoral benefit has moved the Overton window (with reference to the change in political policies that people are willing to accept) on Crypto’s acceptance, but will it lead to sustainable growth and legislative clarity?
His 23 January Executive Order (EO), which relates to crypto, prioritizes “responsible growth”, a shift from President Bid’s 2022 eo focused on “Responsible Development.” Early Actions – Release of SAB 121, Completion of Operation Chokepoint 2.0, pardon of Ross Ulbricht and appointment of new leaders – signal change.
One month in the progress is clear, but obstacles are back. A shared congress, slow legislation and market speculation – seen in Memecoins like $ Trump and $ Melania – complicating the path forward. The key question: Do we just move past FTX, or will crypto be recognized as critical for web3 innovation?
Three central trends to see
1. Acceleration of Product Innovation
The diagram above clearly illustrates the Trump administration’s early focus on leadership changes and rollbacks for enforcement-driven policy. With legislative enforcement of legislation, US crypto development no longer has to wait – or move offshore.
SEC’s Crypto 2.0 initiative, led by Commissioner Peirce, switches from enforcement-first policies to a new crypto task force. Meanwhile, the president’s working group signalizes digital asset markets, president of Crypto Advocate David Sacks, a more supportive attitude. These shifts create space for innovation, which allows blockchain to prove its value before the rules catch up.
Key areas for progress include stableecoin regulation, clearer requirements for digital asset custody, hybrid Tradfi-Crypto products (such as expected Solana and ETH ETFs) and global payments progress through partnerships such as those with x money and visa. Solving complex political priorities will take time, as reflected in A16Z’s 11 priorities and Crypto Bar’s open letter highlighting the breadth of influential voices.
As the adoption grows, the network effect of successful crypto products will press on for consensus -driven regulation. But without meaningful legislative action, the industry risks a return to uncertainty when Washington’s leadership inevitably changes again.
2. Speculations vs. Sustainable growth
In the midst of all this optimism, crypto is still struggling to create credibility and prove themselves as a strength of responsible innovation. The possibility of revolutionizing funding is here – but is part of the market growth, or prevents sustainable growth?
Memecoins like $ Trump and $ Melania rose just before the inauguration, reflecting the demand for high -risk, culturally driven assets, while raising regulatory concerns about volatility and integrity. The class action case against pump.Fun emphasizes skepticism about growth that is unbounded for sustainable utility.
In order to maintain credibility, crypto must distinguish between the real world and potential assets of wealth from speculative assets. Fraud and incorrect representation remain illegal, whether in Memecoins, ear stocks or collectibles. As the market develops, companies and investors need to prioritize due diligence to separate hype from lasting potential.
3. The urgent need of legislative clarity
Despite management changes, there is still an urgent need for clear, enforceable crypto regulation. The most important unresolved problems include:
- Addressing fraud and consumer protection without stifling innovation and decentralized financing
- Definition of Digital Asset Regulatory Authority among Agencies
- Establishing Fit-for-Purpose AML frames for stableecoins and other innovations
With crypto-friendly leaders who are now on SEC and CFTC, legislative progress is likely, but legislative actions will take time. While Congress is considering proposals such as Genius Act, the stable action and new market structure rules, pragmatic changes are not guaranteed this year.
Currently, the industry will continue to change the Overton window towards recognizing Crypto’s role in US technical leadership, public politics and financial security. Until extensive laws arise, regulatory management – seen with the CFTC pilot program and the recent Federal Reserve – must guide a stable path to growth.
The path forward
This year is pivotal – not only because toxic policies are fading and leadership has been changed, but because Momentum is moving web3 and blockchain forward.
The goal is not only “responsible growth”, but sustainable growth rooted in regulatory clarity. If the industry balances innovation with strong protection against fraud and theft, Crypto’s resilience and credibility will be strengthened. With tech-neutral rules, the United States does not only lead in crypto and AI policy-we will also be ready for what else is next, from quantum calculation to future breakthroughs. Sustainable innovation matters because technological advances are inevitable.
-Beth Haddock, CEO partner and founder, Warburton Advisers
Ask an expert
Question: Who is Ross Ulbricht?
ONE: Ross Ulbricht created Silk Road, an early Bitcoin-driven marketplace that demonstrated Crypto’s potential for decentralized trade boats legally and illegally. His lifetime sentence became a rally cries in the crypto community, with many arguing that it was excessive and highlighted wider debates on financial privacy and government control. His recent pardon has resumed discussions about justice reform and Crypto’s role in the future of digital trade.
Question: What is the risk of Memecoins?
ONE: Memecoins like $ Trump and $ Melania are very speculative with prices driven more by social media hype than real benefit. While they can generate fast profits, they also carry extreme volatility and risks of manipulation. Many people lack long -term viability, so investors need to approach them with caution and avoid putting them more than they can afford to lose.
Question: How could state Bitcoin investment affect the adoption?
ONE: If states award reserves to Bitcoin, it can legitimize crypto as a value of value and encourage institutional investors and decision makers to take it more seriously. This can accelerate legislative clarity, improve the calls for clearer tax direction lines and integrate bitcoin into broader financial infrastructure, which helps strengthen its role in the economy.
-DJ Windle, Founder and Portfolio Manager, Windle Wealth
Continue to read
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