US Crypto Policy Scorecard: Wins, Losses & Questions

Published: 2025-08-06 20:38:01 |

Six months into di new US government plus di 119th Congress, di crypto policy mata show say legislative plus regulatory progress don better well-well but enforcement plus surveillance wahala still dey. Congress don push beta bills—GENIUS for stablecoins, CLARITY for market structure, plus di Blockchain Regulatory Certainty Act (BRCA) weh dey protect developers from money transmission wahala. SEC don start Project Crypto to set clear tokenization rules, and Commissioner Hester Peirce dey defend financial privacy. But DOJ prosecution against Tornado Cash plus Samourai Wallet developers still dey go on because of unlicensed money transmission, even though FinCEN 2019 guidance talk say no need make dem worry for developers wey no dey control. President’s Working Group report like legislative fix but dem still no sure for things like 6050I tax reporting, proposed mixer rule, new BSA categories, plus block-reward tax. Traders suppose note say regulatory clarity help market innovation plus stability, but AML surveillance plus developer risk still fit affect project development and token liquidity. Overall, US crypto policy outlook be cautious and neutral, balancing pro-innovation moves with leftover legal wahala.

Neutral

Di balanced law wins—GENIUS, CLARITY and BRCA—show say regulatory clarity don strong well, wey dey support market confidence and token liquidity. SEC Project Crypto still dey show say dem dey move towards clear rules wey go benefit institutional and retail traders. But DOJ wahala wey dey catch Tornado Cash and Samourai Wallet developers with unlicensed money transmission charges dey cause legal gbege, wey dey block innovation and fit stop project development. Di unresolved surveillance things like 6050I reporting and mixer rule proposal fit make compliance heavy for users. Di mix of pro-innovation regulation and di enforcements and privacy wahala still dey hold people back, so traders just dey wait well defined rules and prosecutorial clarity, so market dey neutral now.