Catenaa, Sunday, January 5, 2025 – With the incoming administration of President-elect Donald Trump and a new Congress, US crypto executives are expressing optimism for clearer regulations and a friendlier legislative landscape in 2025. Trump’s campaign promises to support the digital asset industry have heightened hopes for changes in oversight and enforcement.
Ripple Chief Legal Officer Stuart Alderoty has called for the Securities and Exchange Commission (SEC) to embrace principles clarifying that tokens themselves are not securities, even if they can be part of security transactions. Ripple, still embroiled in its legal battle with the SEC, is appealing a $125 million judgment from 2024.
Meanwhile, Coinbase’s legal head Paul Grewal pointed to the US Supreme Court’s overturning of the Chevron doctrine as a pivotal moment for crypto cases. The decision requires judges to interpret laws independently rather than defer to agencies like the SEC, signaling potential changes in how digital asset cases are handled.
The industry also anticipates key criminal and civil cases to proceed in 2025. This includes legal battles against former Celsius CEO Alex Mashinsky and Terraform Labs co-founder Do Kwon. Trump has proposed significant leadership changes at the SEC and the US Attorney’s office, moves that could reshape the enforcement landscape for crypto.
As the US crypto community looks to 2025, many are hopeful that new leadership will provide the clarity and innovation-friendly regulation the industry has long sought.