$BTC The most impactful regulatory shift has been SEC Chairman Paul Atkins’s decision to move away from “regulation by enforcement” and instead establish clear, formal guidelines for the crypto industry. This move signals a dramatic change in tone from the previous approach, where companies often faced lawsuits before receiving guidance. By pausing several high-profile enforcement actions and proposing defined rules for crypto custody, exchange operations, and asset classification, Atkins has created a sense of optimism and stability. Meanwhile, former President Trump’s vocal support for crypto-friendly policies—and his pledge to make the U.S. the “crypto capital of the planet”—has added political momentum and encouraged investment and innovation within U.S. borders.