#CryptoRegulation As of May 15, 2025, cryptocurrency regulation is undergoing significant transformations both in the United States and globally. Here's an overview of the current landscape:

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🇺🇸 U.S. Regulatory Developments

*Executive Order 14178*

In January 2025, President Trump signed Executive Order 14178, titled "Strengthening American Leadership in Digital Financial Technology." This order revoked previous directives and prohibited the establishment or promotion of a U.S. central bank digital currency (CBDC). It also established a task force to propose a federal regulatory framework for digital assets within 180 days. [1]

*Financial Innovation and Technology for the 21st Century Act (FIT21)*

Passed by the House in May 2024, FIT21 aims to delineate regulatory responsibilities between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). Under this bill, the CFTC would oversee decentralized digital commodities, while the SEC would regulate digital assets deemed securities. The legislation also proposes exemptions for certain stablecoins, subject to anti-fraud provisions. [2]

*Department of Justice (DOJ) Enforcement Shift*