‘Trump’s administration has rapidly reshaped US crypto policy’ – Bybit x Block Scholes Report
A new report shared with Finbold on June 27 by Bybit and Block Scholes highlights how recent U.S. regulatory shifts under President Trump’s administration are accelerating crypto adoption. The administration has appointed pro-crypto regulators across key agencies, ended major lawsuits that had created regulatory uncertainty, clarified staking rules, and provided support for exchange-traded fund (ETF) approvals. According to the report, these developments could have far-reaching effects on institutional adoption and global regulatory momentum. The GENIUS Act While Bitcoin ETF approvals have dominated headlines, industry analysts suggest the GENIUS Act may prove to be the most consequential development in US crypto policy to date. The legislation establishes a comprehensive legal framework for the issuance of stablecoins, addressing what experts describe as a core infrastructure gap in the digital asset ecosystem. Stablecoins serve as the critical bridg...