Crypto Legislation Charges Forward—Will 2025 Be the Year of Regulatory Clarity?
Lawmakers finally wake up to crypto's trillion-dollar elephant in the room.
From backroom debates to public hearings, digital asset regulations are gaining momentum—just as Wall Street starts playing catch-up. Here's where the battle lines are drawn.
The good: Bipartisan efforts show rare cooperation. The bad: Lobbyists are rewriting definitions faster than devs fork blockchains. And the ugly? Some proposals would make compliance costs crush startups—exactly what the big players want.
Meanwhile, the SEC keeps swinging its enforcement hammer while other agencies race to claim turf. Typical bureaucratic land grab—only this time, the prize is the future of finance itself.
One thing's clear: Whether through innovation or regulation, crypto isn't waiting for permission. The question is who'll control the rails—and how many banks will pretend they 'always believed' when the dust settles.

Tuesday
- 17:00 UTC (1:00 p.m. ET) House Financial Services Committee Chair French Hill said the House and Senate's respective stablecoin bills are close but need some work to be fully aligned with each other.
Wednesday
- 14:00 UTC (10:00 a.m. ET) The House Financial Services Committee and House Agriculture Committee each held a hearing to discuss the Clarity Act, the new House market structure bill.
Friday
- 13:00 UTC (9:00 a.m. ET) Democrats on the House Financial Services Committee held another hearing focused on President Donald Trump's crypto tie-ups, as well as the market structure bill introduced by House Republicans last week. (It's not on the calendar above because I am on the road this week and the calendar was made before the hearing was announced).
- (AP News) President Donald Trump and Elon Musk had a very public social media spat on Wednesday and Thursday.
If you’ve got thoughts or questions on what I should discuss next week or any other feedback you’d like to share, feel free to email me at [email protected] or find me on Bluesky @nikhileshde.bsky.social.
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See ya’ll next week!