It should be noted that next year the U.S. is waiting for a lot of changes regarding the regulation of the crypto market. At the end of November, it became known that the administration of newly elected President Donald Trump already wants to give the US Commodity Futures Trading Commission (CFTC) leadership in regulating the cryptocurrency industry. Accordingly, it will take over the role that the SEC under Gary Gensler fulfilled under Biden.

This will save the coin industry from the mass of lawsuits that the SEC has filed against cryptocurrency companies in recent years.

Securities Commission Chairman Gary Gensler

Most importantly, CFTC officials consider many popular cryptocurrencies to be commodities, not unregistered securities. Therefore, there should be far fewer new lawsuits against members of the coin niche, which will also affect the perception of cryptocurrencies by regular retail investors.

What will happen to cryptocurrencies in the US in 2025

The bill, originally passed by the House of Representatives in May, requires the Department to “support U.S. leadership in the use of blockchain technology.” In addition to defining terms along the lines of “blockchain technology” and “tokenisation”, the document requires the Secretary of Commerce to serve as the President’s chief advisor on crypto-related issues, as well as coordinate a new advisory committee.

Congressman Larry Bucshon, who co-sponsored the Deploying American Blockchains Act when it was originally introduced in 2023, told Decrypt that the bill’s inclusion in the funding agreement was the result of bipartisan negotiations. Here’s a related rejoinder on the subject.

Blockchain and other decentralised technologies have many potential applications for driving innovation and economic growth. This bill represents an important step toward restoring the U.S. position as the best place in the world to develop and deploy such technologies in the economy.

Among other initiatives, it proposes the creation of a National Blockchain Adoption Advisory Committee to assess how federal agencies can use new technologies and tokenisation.

In addition, the new committee will examine how blockchain can contribute to U.S. national security, as well as provide regular reports to officials on cryptocurrency issues ranging from potential policy actions to assessing U.S. competitiveness in the industry.

Howard Lutnick is the next US Secretary of Commerce

As a reminder, US President-elect Donald Trump last month picked Cantor Fitzgerald CEO Howard Lutnick to be Secretary of Commerce. While Lutnick had hoped to become the US Treasury Secretary, the passage of the bill would give him the authority to actively promote crypto adoption in the country.

If his nomination is confirmed by the Senate, Lutes will have the power to appoint members to an advisory committee that will include not only government officials, but also developers, cybersecurity experts, and even content creators related to the crypto industry. If the House and Senate fail to pass the aforementioned bill by midnight Friday, the government will face a partial shutdown as early as the weekend.

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Meanwhile, Europol, in co-operation with law enforcement agencies in six countries, has dismantled an international network of drug traffickers who used cryptocurrencies for their financial transactions. In a statement, Europol officials said that “underground bankers who moved and laundered the proceeds of large-scale drug trafficking and other serious crimes” were exposed.

The operation was the result of two investigations in which nine suspects were arrested. Authorities confiscated valuable assets including gold, luxury goods, €35,000 in cash and €25 million worth of cryptocurrency. The total value of the seized assets totalled 27 million euros, journalists reported.

Hacker who stole bitcoins

Byron Boston, a former Dallas police officer and head of Crypto Track, a crypto transaction tracking company, said that crimes involving digital assets pose a whole new set of challenges for law enforcement. Here is his opinion on the matter.

Blockchain technology operates on principles that are markedly different from traditional financial systems. It requires a deep understanding of decentralised networks, cryptographic algorithms and public registries.

In this case, European law enforcement officials seized the cash during a search conducted as part of an investigation related to cocaine trafficking in 2021. Investigators found handwritten notes on five-euro banknotes that contained information about the individuals who coordinated and secured the financial aspects of the transactions.

Spanish police passed the information to Europol, which matched the data with other case files. This led to the identification of a UK suspect who allegedly co-ordinated the shadow banking service. He was linked to a criminal network in southern Spain controlled by Dubai-based operators. Further investigation eventually led to a coordinated operation on 4 November 2024 in Malaga involving law enforcement agencies from Belgium, Bulgaria, the Netherlands and the US.


This news shows just how mainstream cryptocurrency is becoming as Bitcoin rises above $100,000. Obviously, after the inauguration of Donald Trump and the change in the composition of Congress, the topic of coins will be touched by the authorities more and more actively. Therefore, ordinary investors will have even more reasons to get in touch with them.


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