Crypto won big in 2025 under Trump: But why does it feel like the party’s over?
The crypto industry celebrated big victories this year after backing Donald Trump’s return to the White House, but trouble ahead could dampen the party atmosphere.
Crypto executives popped champagne and danced to Snoop Dogg at a Washington party before Trump took office in January. Since then, the industry has seen friendly regulators drop lawsuits and new rules take shape. Yet key legislation remains stuck, and bitcoin prices have tumbled from their highs.
Trump’s Securities and Exchange Commission quickly reversed tough accounting rules from the previous government and dropped legal cases against major platforms like Coinbase, Binance, and others.
Lawmakers also passed groundbreaking rules for dollar-backed digital tokens….
