With the Trump administration's return in 2025, a new phase in the regulation of major industries such as crypto and artificial intelligence is set. The hands-off policy fosters self-organization and innovation.
Breathing Room from Regulation by Enforcement
With Trump's administration, the SEC halted investigations against major players like Robinhood and Coinbase, marking a new phase for the cryptocurrency sphere. Robinhood praised the closure of the investigation, claiming it always operated within the law. Similarly, Coinbase no longer faces litigation from the SEC. These developments signify a shift in regulatory approach: unlike the previous leadership, the current administration moves away from aggressive actions.
AI as a Blueprint for Self-Regulation
Following the White House initiative in July 2023, the AI market has become more transparent and secure. International ISO standards now guide AI development, providing a reliable framework for managing risks. The crypto industry can follow this example by creating Self-Regulatory Organizations (SROs) similar to those existing in Japan and South Korea.
Regulatory Vacuum: Opportunities and Risks
While regulatory easing creates new opportunities, it may also leave companies without proper security measures exposed. A recent hack incident on Bybit underscores the need for solid self-regulation mechanisms. The Trump administration plans to continue developing new guidelines alongside the SEC to promote responsible approaches in the cryptocurrency sphere.
The Trump administration's approach to regulating the crypto industry and AI is already yielding results in growing revenues and stock prices. However, the long-term success of this model hinges on the industry's ability to self-regulate and collaborate with authorities. The upcoming months will be crucial for the crypto market's future.