In 2025, the U.S. accelerated its cryptocurrency legislation, with the Trump administration leading several key policies:

1. The "Bitcoin Strategic Reserve Act": Incorporates 200,000 BTC (6% of the circulation) seized by the judiciary into the national permanent reserve, implementing a "zero-cost increase" mechanism to enhance Bitcoin's "digital gold" attribute.

2. The "Stablecoin Accountability Act": Promotes the integration of stablecoins with the banking system, requiring 100% dollar reserves and real-time audits, expected to complete legislation by August 2025.

3. Repeal of IRS DeFi Rules: Signed the bill in April, canceling the mandatory tax reporting requirements for DeFi platforms introduced during the Biden era, seen as a significant victory for the industry.

4. State Legislative Divergence: 24 states had proposed cryptocurrency reserve bills, but states like Florida withdrew due to risk concerns, leaving only 19 states still advancing.

The U.S. is building a globally leading cryptocurrency regulatory framework through federal and state collaboration while strengthening its digital financial discourse.