2025 was a big year for crypto. Lots of new rules and laws came out. The government passed its first major crypto law. This was a huge deal. It showed that crypto is now a big part of the economy.

The government also changed how it deals with crypto companies. They stopped going after them as much. Instead, they started making new rules. This made companies feel more confident. They started offering new products and services.

Courts had a lot to deal with too. The SEC dropped most of its cases from last year. Other big cases, like Sam Bankman-Fried's, are still going on. Some people were found guilty. Others pleaded guilty to some charges.

Congress worked on new laws too. One law about stablecoins became official. But other important laws are still being talked about. This is taking longer than some people thought.

Crypto rules are getting more complicated. Different countries are making their own rules. Some are even giving out new licenses. This makes things more confusing. But it also shows that crypto is important worldwide.


# **2025: A Pivotal Year for Crypto**

## **Major Developments**

- **Landmark Legislation**
  - Government passed its first major crypto law.
  - Signifies crypto's growing role in the economy.

- **Regulatory Shift**
  - Reduced enforcement actions against crypto companies.
  - Focus shifted to creating new rules.
  - Boosted industry confidence, leading to new products and services.

## **Legal Landscape**

- **SEC's Stance**
  - Dropped most cases from the previous year.
  - Ongoing high-profile cases, including Sam Bankman-Fried's trial.

- **Court Outcomes**
  - Some defendants found guilty.
  - Others pleaded guilty to certain charges.

## **Congressional Actions**

- **Stablecoin Legislation**
  - One stablecoin-related law enacted.
  - Other critical laws still under discussion.
  - Delays longer than anticipated.

## **Global Regulatory Trends**

- **Complexity on the Rise**
  - Countries developing unique crypto regulations.
  - New licenses issued in various jurisdictions.
  - Reflects crypto's global significance amid regulatory confusion.

