What will happen to cryptocurrencies in 2025

Van Valkenburgh, director of research at Coin Centre, shared three “serious threats” to cryptocurrency users and developers in the US in 2025 in a recent publication. They are all broadly described as “industry oversight and regulatory issues” for coins.

According to Cointelegraph’s sources, the first threat comes from reporting requirements in cryptocurrency transactions under Section 6050I of the US Internal Revenue Code. It currently mandates that those who have received $10,000 or more in cryptocurrency be reported to the IRS without warning. Last August, Coin Centre representatives already stated that these reporting requirements are unconstitutional.

Cryptocurrency investors during the bullrun

The problem is that overly strict tax restrictions for cryptocurrency users will inevitably bring crypto transactions into a grey area. It is in the government’s interest to work on this issue – that way it is realistic to strike a balance between controlling the sector and the amount of tax revenue from companies and digital asset hobbyists.

The second and third serious threats are related to the sanctions imposed on the cryptomixer Tornado Cash, as well as criminal charges against the Samourai Wallet team.


As a reminder, cryptocurrency mixers are created to cover their tracks when moving digital assets within the blockchain. Usually, such platforms collect users' coins, wait for a certain time, and then start sending crypto to users' addresses specified in advance. Thus, linking the cryptocurrency on the new and old wallet at least turns out to be much more complicated.
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In some respects, though, the Trump administration is good news for the industry as a whole. Experts continue.

At the agency level, there is reason to believe that controversial current bills will be frozen or even cancelled because of President Trump’s overall stance and his likely choice of appointees to the SEC and Treasury Department.


Recall, the new US Treasury Secretary is likely to be the head of hedge fund Key Square Group Scott Bessent. Previously, he noted a positive position on the sphere of digital assets and considered cryptocurrencies an integral component of the world of finance of the future. Read more about Bessent's activities and remarks in a separate article.


Tornado Cash platform

However, Valkenburg noted that the new administration may not be interested in reducing “overly stringent” sanctions and anti-money laundering regulations. Here’s a rejoinder on the subject.

The Justice Department may change under the Trump administration. But it rightfully guards its political independence and is therefore unlikely to simply abandon such prosecutions because of a change in presidential administration.

Valkenburg added that the measures taken to prevent people from accessing cryptocurrencies “do very little to actually prevent criminals and terrorists from using these tools.” Unfortunately, this is indeed the case – the actions of government agencies hinder the development of the industry rather than actually helping to fight crime.

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Aside from the obvious government obstacles, cryptocurrency enthusiasts also face the constant threat of having their assets stolen. The day before, Casa CEO Nick Newman shared a story about a phishing attack scheme targeting high-volume coin holders.

Specifically, a scammer called him in the guise of a tech support agent for the Coinbase exchange. He informed Newman of a “cancelled password reset request” and told him to click on a suspicious link in an email. However, when the Casa executive revealed his identity and started asking questions, the scammer openly shared the gist of the scheme.

Here’s the response CryptoPotato cites.

Two days ago, we ripped off a $35,000 windfall. The scheme is aimed exclusively at people who own at least $50,000 worth of cryptocurrencies. We don’t call poor people.

Casa platform manager Nick Newman

He says their victims are often affluent and highly educated professionals – including software engineers and corporate executives in the cryptosphere.

We got a dude who was a Chinese programmer. You’d think someone like that wouldn’t buy into a scam.

However, the victim was indeed gullible – the scammer managed to steal $40,000 from her. He further explained that the scheme is designed for permanence. Fraudsters make a huge number of calls every day, well, a week they manage to deceive four or five people. And each of these incidents brings at least a five-figure sum.

To achieve success, attackers use a number of sophisticated methods. For example, they may claim that the password reset request was cancelled, as was the case with Newman. They then convince the victim to click on a malicious link from a fake notification they send supposedly to resolve the password problem.

If the person falls for the ruse, their sensitive data goes to the scammer via the fake link. To increase their chances of success, scammers use fake emails that resemble official Coinbase messages. Databases from platforms like Unchained Capital are also used to identify potential victims.

Cryptocurrency scammers

Newman was most surprised by the confidence and bluster of the person he was communicating with. The attacker stated that he had literally few successful thefts left to get to a six-figure “earned” amount.


Alas, fraud is a constant component of the crypto industry. The scale of scammer activity is only going to increase as there are many more new players in the industry amidst the bullrun. Therefore, investors need to familiarise themselves with the rules of safe coin storage and follow them.


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