November 1, 2025
Blog
Regulation & Policy Making: The 2025 Turning Point for Bitcoin
After years of regulatory uncertainty and piecemeal oversight, 2025 is fast becoming a watershed year for how governments — especially the U.S. — treat Bitcoin and crypto overall.
Key Developments in U.S. Policy
Crypto Week & Congressional Activity
From July 14–18, the U.S. House dubbed “Crypto Week” was held to deliberate on crypto legislation, including the GENIUS Act, the CLARITY Act, and a proposed Anti-CBDC Surveillance State Act. AInvest+3Investopedia+3financialservices.house.gov+3
The GENIUS Act, which regulates stablecoins, passed the Senate 68–30 and then the House. Bolder+4ABC News+4PBS+4
The CLARITY Act aims to draw clearer lines between digital commodities (like Bitcoin) and securities. Fidelity+3Investopedia+3PBS+3
Executive Orders & Working Groups
On January 23, 2025, President Trump signed Executive Order 14178, revoking a prior crypto order and prohibiting the federal promotion of a central bank digital currency (CBDC). Wikipedia+2Pillsbury Law+2
That order also established the President’s Working Group on Digital Asset Markets, tasked with recommending a federal regulatory framework within 180 days. moneylaunderingnews.com+3Pillsbury Law+3natlawreview.com+3
In July 2025, that Working Group released a report calling for sweeping regulatory clarity around issuance, trading, and bank engagement with crypto. natlawreview.com
Regulators & Harmonization Efforts
The SEC has launched a Crypto Task Force and is coordinating with the CFTC on harmonization. A joint SEC-CFTC roundtable is scheduled for September 29. SEC
At the state level, nearly 40 U.S. states have introduced or pending crypto legislation in 2025. NCSL
Globally, countries are accelerating their frameworks: Japan, India, South Africa, Ukraine, and others are actively reforming crypto regulation. blockpass.org+1
Impacts on Bitcoin & the Crypto Ecosystem
Clearer rules may attract institutions: Many institutional investors cite regulatory clarity as a key missing piece for large allocations.
Stablecoins get regulatory grounding: With GENIUS Act in place, stablecoins are no longer the “wild west” — they are regulated as payment tools rather than securities.
Volatility risk during transitions: Uncertainty during rule implementation periods could increase volatility, especially if interpretations differ across jurisdictions.
What to Watch Next
How SEC and CFTC define “digital commodities” vs “securities” in practice
How exchanges and trading platforms adapt compliance and reporting
Global alignment (or discord) as nations implement diverse crypto laws
Effect on Bitcoin adoption — whether regulation spurs or chills adoption