Trump’s Bold Crypto Agenda Reshapes U.S. Financial Policy in 2025

The White House doubles down on digital assets—Wall Street scrambles to keep up.

Deregulation Wave Hits Crypto

President Trump's executive orders slash red tape, fast-tracking Bitcoin ETF approvals and clearing the path for institutional adoption. Treasury Secretary Larry Kudlow calls it 'the Manhattan Project of monetary innovation'—critics whisper 'reckless deregulation.'

Dollar Gets a Digital Challenger

Federal Reserve governors quietly test a Trump-backed digital dollar alternative, while Bitcoin miners score major tax breaks. 'We're witnessing the birth of a parallel financial system,' says a Goldman Sachs insider (anonymously, of course).

Wall Street’s Love-Hate Relationship

JPMorgan launches crypto custody services the same week Jamie Dimon calls Bitcoin 'a pet rock for anarchists.' Classic finance—betting on both the horse and the glue factory.

As regulatory sandboxes expand and DeFi protocols gain White House backing, one thing's clear: America's financial future is being rewritten in blockchain—whether the old guard likes it or not.

Big Support for DeFi and Stablecoins

The working group also supports decentralized finance (DeFi), which is a thriving part of the crypto space where users can lend, borrow, and earn interest without going through banks. 

In addition, it also gives a big push to stablecoins, which are tokens that are backed by the U.S dollar. Meanwhile, this follows the recent signing of the GENIUS Act for stablecoins earlier this month. The working group urges agencies to act quickly to enforce this bill as soon as possible..

However, the report does not support government-controlled digital money, also called CBDCs (Central Bank Digital Currencies). Instead, it supports the Anti-CBDC Surveillance State Act, which WOULD stop the U.S. government from creating its own digital currency.

Banking Access and Tax Fixes for Crypto Firms

The report calls out banks for quietly limiting crypto companies’ access to financial services. This practice, often called “Operation Choke Point 2.0,” drew criticism from crypto supporters. However, the new plan pushes for more transparency around how firms can get bank accounts and federal charters.

On taxes, the working group recommends that the Treasury Department and IRS update their crypto policies. It calls for fresh guidance on mining, staking, small transactions, and how companies should handle digital assets under the corporate tax code.

“By implementing these recommendations,” the group writes, “policymakers can ensure that the United States leads the blockchain revolution and ushers in the Golden Age of Crypto.”

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