Major Crypto Regulations Promised by White House, GOP Leaders in First 100 Days

The Trump administration, in coordination with key Republican lawmakers, has pledged to pass major cryptocurrency legislation within the first 100 days of Trump’s second term, marking a significant shift in U.S. financial policy.

At a press conference Tuesday, White House AI and Crypto Czar David Sacks joined Senate Banking Committee Chairman Tim Scott (R-SC) and other GOP leaders to announce their plan for clear and enforceable crypto regulations. Among the key initiatives is the GENIUS Act, introduced by Sen. Bill Hagerty (R-TN), which would require monthly audits of stablecoin issuers and impose criminal penalties for false reporting.

Key takeaways from the announcement:

• Stablecoin and market structure bills expected within Trump’s first 100 days.

• New bicameral working group will coordinate with the White House to create a strong legal framework.

• The GENIUS Act will enforce transparency and accountability in the stablecoin market.

Stablecoins have become a major force in digital asset exchanges, and industry advocates believe that clear regulations will encourage institutional adoption. Traditional financial institutions have long shunned crypto due to regulatory uncertainty, but the Trump administration aims to change that.

“Financial assets are destined to become digital… and we want that value creation to happen in the United States,” Sacks stated.

Sacks also addressed speculation about a federal Bitcoin reserve, following Trump’s executive order on Monday to establish a U.S. sovereign wealth fund a concept that often includes Bitcoin holdings in other countries.

While Sacks deferred the matter to the newly announced crypto committee, he left open the possibility of White House action in the future. The mere consideration of a Bitcoin reserve signals a bold departure from past administrations, embracing digital assets as a legitimate part of America’s financial future.

Under President Trump’s leadership, the United States is rapidly positioning itself as a leader in digital finance, pushing back against the anti-crypto stance of the Biden years. The days of regulatory uncertainty are ending, and the era of American crypto dominance is just beginning.

Share this article with your friends and subscribe to our newsletter for more updates on the Trump administration’s economic policies.