- At SEC chairman’s swearing-in, Trump calls for unambiguous cryptocurrency regulations.
- A more crypto-friendly US government is a goal of newly-appointed SEC chair Paul Atkins.
The President of the United States, Donald Trump, has said that there must be regulatory certainty, and he has asked for clear controls to be implemented in the bitcoin industry.
During a speech at the swearing in ceremony of new SEC Chairman Paul Atkins on April 22, 2025, Trump stated that the rules for digital assets are needed as soon as possible and those should be transparent. Bitcoin’s value has surged 6.5% in 24 hours to the high $90,000s and his comments came as such.
The crypto industry has been seeking some sort of guidelines to deal with the complex U.S. regulatory landscape for ages. The effort aligns with Trump’s administration’s wider goal of making the US the world’s leader in digital finance. The president’s pro-crypto stance marks a shift from his earlier skepticism, when he labeled Bitcoin a “scam” in 2021.
SEC’s New Direction Under Atkins
The newly appointed chairman of the Securities and Exchange Commission, Paul Atkins, has pledged to make the United States the “best and safest place” for the development of cryptocurrencies. Famous for a market friendly approach, Atkins hopes to set up a regulatory environment that encourages growth, but protects investors.
However, the agency is working closely with industry stakeholders to deal with the problems of compliance, taxation, and stability of the market. The goal is to have a whole system of regulations rather than the patchwork that exists now.
The recent rise in Bitcoin can be attributed to the fact that the market believes in such things. After a volatile period that saw values fall 30 percent from a January high of more than $100,000, the price of the cryptocurrency has also increased. The regulatory push by Trump and Atkins’s leadership is fueling speculation about a possible bull run. Bitcoin’s price movements are covered more in CoinMarketCap.
Trump’s Broader Crypto Agenda
Bold steps have been embraced by the administration of Trump on digital currencies. Using federal forfeitures to fund the same, he signed an executive order establishing a national Bitcoin stockpile in March, 2025. Cryptocurrencies are officially recognized and included in the strategic reserve, that is, Bitcoin, Ethereum, XRP, Cardano and Solana, come.
On April 10, 2025, Trump signed a bill nullifying an IRS rule that considered DeFi exchanges as traditional brokers. On this decision, the price of Bitcoin rallied 7.7 per cent to $82,967, according to Bloomberg.
In February 2025, Eric and Donald Trump Jr. started up American Bitcoin, a mining venture. The Trump Tower associated project is being developed in partnership with Dominari and it aims to make money out of Bitcoin.
The administration’s actions have not been unnoticed globally. The European Central Bank has expressed concerns about the U.S.’s pro-crypto policies, warning of potential financial “contagion” risks to Europe’s economy. But Trump is steadfast in his assertion that crypto is a job and innovation generating machine. He has also been lauded by the industry leaders at his March 7 White House Digital Assets Summit.
The trajectory of Bitcoin’s price is a likely determinant of the future of the crypto market, and so are the efforts of the SEC in regulating the crypto market. With the U.S. trying to figure out how to define such a framework, investors are keeping an eye on how sustainable this growth is.
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