One month into Donald Trump‘s presidency, the cryptocurrency industry’s euphoria over anticipated deregulation is giving way to a sobering realization: meaningful change may take years, not weeks.
At a Denarii Labs-hosted panel titled “Regulatory Crossfire: What’s Next for Crypto in 2025,” held at the Eth Denver summit, legal experts Jonathan Turnham of NXT Law and Nick Pullman of One Law dissected the U.S. regulatory landscape, questioning whether the administration can deliver on its blockchain promises—or if global competitors will seize the moment first.
The discussion comes amid a whirlwind of post-election speculation.
Crypto markets surged in late 2024, hoping that Trump’s administration would usher in a golden era of regulatory relief, fueled by the president’s meme coin ventures and public statements favoring digital assets.
Yet, 30 days into his term, tangible progress remains elusive.
“We’ve seen a number of efforts spot-cundered,” said Pullman, a legal advisor at One Law, referencing stalled initiatives like stablecoin regulation. “These things take time.”
Turnham, a Cayman Islands-based lawyer with a decade of crypto law experience at NXT Law, echoed the sentiment, tempering enthusiasm with pragmatism.
“There’s been a reality check,” he noted, pointing to the gap between initial market exuberance and the slow grind of policy-making.
The panelists agreed that while the Securities and Exchange Commission’s (SEC) recent decisions to drop enforcement cases against firms like Uniswap Labs and …
Full story available on Benzinga.com
One month into Donald Trump‘s presidency, the cryptocurrency industry’s euphoria over anticipated deregulation is giving way to a sobering realization: meaningful change may take years, not weeks.
At a Denarii Labs-hosted panel titled “Regulatory Crossfire: What’s Next for Crypto in 2025,” held at the Eth Denver summit, legal experts Jonathan Turnham of NXT Law and Nick Pullman of One Law dissected the U.S. regulatory landscape, questioning whether the administration can deliver on its blockchain promises—or if global competitors will seize the moment first.
The discussion comes amid a whirlwind of post-election speculation.
Crypto markets surged in late 2024, hoping that Trump’s administration would usher in a golden era of regulatory relief, fueled by the president’s meme coin ventures and public statements favoring digital assets.
Yet, 30 days into his term, tangible progress remains elusive.
“We’ve seen a number of efforts spot-cundered,” said Pullman, a legal advisor at One Law, referencing stalled initiatives like stablecoin regulation. “These things take time.”
Turnham, a Cayman Islands-based lawyer with a decade of crypto law experience at NXT Law, echoed the sentiment, tempering enthusiasm with pragmatism.
“There’s been a reality check,” he noted, pointing to the gap between initial market exuberance and the slow grind of policy-making.
The panelists agreed that while the Securities and Exchange Commission’s (SEC) recent decisions to drop enforcement cases against firms like Uniswap Labs and …
Full story available on Benzinga.com
One month into Donald Trump’s presidency, the cryptocurrency industry’s euphoria over anticipated deregulation is giving way to a sobering realization: meaningful change may take years, not weeks.
At a Denarii Labs-hosted panel titled “Regulatory Crossfire: What’s Next for Crypto in 2025,” held at the Eth Denver summit, legal experts Jonathan Turnham of NXT Law and Nick Pullman of One Law dissected the U.S. regulatory landscape, questioning whether the administration can deliver on its blockchain promises—or if global competitors will seize the moment first.
The discussion comes amid a whirlwind of post-election speculation.
Crypto markets surged in late 2024, hoping that Trump’s administration would usher in a golden era of regulatory relief, fueled by the president’s meme coin ventures and public statements favoring digital assets.
Yet, 30 days into his term, tangible progress remains elusive.
“We’ve seen a number of efforts spot-cundered,” said Pullman, a legal advisor at One Law, referencing stalled initiatives like stablecoin regulation. “These things take time.”
Turnham, a Cayman Islands-based lawyer with a decade of crypto law experience at NXT Law, echoed the sentiment, tempering enthusiasm with pragmatism.
“There’s been a reality check,” he noted, pointing to the gap between initial market exuberance and the slow grind of policy-making.
The panelists agreed that while the Securities and Exchange Commission’s (SEC) recent decisions to drop enforcement cases against firms like Uniswap Labs and …Full story available on Benzinga.com Read MoreBlockchain Technology, crypto regulation, Cryptocurrency, Donald Trump, Hester Peirce, News, Paul Atkins, SEC, Stablecoin, News, Cryptocurrency, Benzinga News
