From www.investmentlawwatch.com: On January 23, 2025, President Trump signed an executive order aimed at reforming the digital asset regulatory landscape, promoting responsible growth in cryptocurrencies and stablecoins.

The order includes the establishment of a working group tasked with creating a regulatory framework for digital assets and setting deadlines for federal agencies to report on regulations affecting the sector.

Concurrently, the SEC rescinded the Staff Accounting Bulletin 121 and launched “Crypto 2.0,” a task force emphasizing registration and disclosure for the cryptocurrency industry.