In recent years, cryptocurrency has established itself as a reliable financial tool in times of crises and instability. New regulatory changes add interest to this market.
Cryptocurrency in Crisis Situations
Cryptocurrency has repeatedly shown its utility in situations where traditional banking systems have failed. For instance, Digital Chamber founder Perianne Boring explained how Bitcoin served as a safe haven during Cyprus's banking crisis in 2013. People turned to Bitcoin when EU bailout threats endangered their euro savings.
Afghanistan provided another example. When Taliban laws prevented women from opening bank accounts, Roya Mahboob's coding school used Bitcoin as a workaround solution. These women later fled Afghanistan with their Bitcoin savings intact, enabling them to restart their lives.
New Regulatory Environment in the US
The regulatory situation around cryptocurrency has changed under the Trump administration. Paul Atkins replaced Gary Gensler as SEC chair and began discussions about the need for clear rules for cryptocurrency. Boring noted that most cryptocurrencies should be classified as commodities and regulated by the CFTC, not the SEC.
Clear rules could allow the US to compete globally, as ongoing uncertainty drives innovation offshore. According to Chainalysis, the US jumped from fourth to second place in global crypto adoption rankings in 2025, reflecting institutional demand.
Institutional Adaptations and Market Transformation
SEC Chairman Paul Atkins announced "Project Crypto" on July 31, 2025, aimed at modernizing securities regulation and positioning America as the global crypto leader. Atkins declared that crypto innovation has been stifled due to regulatory uncertainty.
Instead of a 'regulation-by-enforcement' approach, the SEC will draft clear rules for crypto asset distribution and trading. Institutional adoption reached new heights in 2025, with over $82.5 billion flowing into Bitcoin ETFs. Corporate balance sheets added 2,500 Bitcoin in disclosed acquisitions, and public pension funds started including digital assets in long-term investments.
Cryptocurrency demonstrates its relevance in crisis situations and the importance of a clear regulatory framework for further development. Regulatory changes could lead to new opportunities and strengthen the US's position on the global stage.
