Trump’s ‘Crypto Capital’ Dream Shifts Risk Assessment to States
April 18, 2025
With President Donald Trump’s vision to establish the US as the “crypto capital” of the world, companies must remain vigilant about the dynamic federal and state regulatory environment.
While federal authorities may currently de-prioritize enforcement, statutes of limitations remain unchanged and often extend beyond a single administration. The specter of selective prosecution is also present, especially for foreign companies within the US market. In addition, key US states are ramping up their enforcement efforts.
In this article published by Bloomberg Law, Michael Bahar, Mary Jane Wilson-Bilik, and Alexander Fuchs highlight several key points for crypto companies to consider, including:
- The need to maintain compliance efforts, particularly in light of the likely surge in state crypto enforcement and the potential for selective federal enforcement.
- Key elements to consistently include within Terms and Conditions and Contracts.
- The importance of protecting systems and data against increasing cybersecurity threats.
- The need to remain ahead of regulatory trends and expectations.