1. SEC Embraces Crypto — “Project Crypto”
U.S. SEC Chair Paul Atkins has introduced a new initiative called Project Crypto to overhaul digital asset regulation. It includes clearer asset classifications, support for tokenized securities and "super-apps" that unify trading, staking, and lending, as well as more flexible rules for ICOs and airdrops .
2. Crypto Joins U.S. Retirement Plans
On August 7, former President Trump signed an executive order permitting 401(k) plans to include cryptocurrency and private equity alongside traditional assets—potentially transforming retirement investing. Supporters tout diversification; critics warn of higher risk, fees, and diminished transparency .
3. Groundbreaking Stablecoin Legislation Passed
The GENIUS Act, mandating 1:1 backing of stablecoins with liquid assets, regular disclosures, and audits for big issuers, was passed by the Senate on June 18 and signed into law in July 2025 .
4. Crypto Market Bounces Back
Bitcoin has surged about 25% year-to-date, second only to gold's 29% gain among major asset classes. Since 2011, $BTC has delivered an astounding cumulative return—over 38 million percent, dwarfing equity and real estate returns .
