US Government Restructures Crypto Regulation: A Focus on Bitcoin

The U.S. government has undertaken significant changes in its approach to cryptocurrency regulation, particularly impacting Bitcoin. This restructuring is evident in the formation of a new task force and a shift towards a more pro-crypto regulatory framework. The Executive Order signed by President Trump aims to establish a national Bitcoin reserve and promote clarity in crypto enforcement actions. Notably, $430 million in Bitcoin ETF inflows reflect institutional investors’ trust in the market despite these changes. The restructuring has also led to delays in regulations, contributing to market volatility and prompting adjustments from both investors and regulatory bodies.