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The post Trump’s First Year Back Sparks ‘Complete Reversal’ in U. S. Crypto Policy appeared com. WASHINGTON, D. C. Donald Trump was elected president again one year ago this week, though some of the crypto industry’s lobbyists quietly say they feel like they’ve aged many years in this tumultuous 12 months, which saw a range of lofty highs and deep frustrations in the young sector’s hunt for U. S. policies. President Trump surged back into the White House with wide support from crypto voters and optimism from many of the most prominent U. S. leaders of the industry that he’d secure their place in the U. S. financial system. In many ways, that faith in the politician has paid off. He quickly issued executive orders demanding progress on friendly crypto policies and the establishment of a bitcoin BTC$101,678. 89 reserve to stash the government’s holdings as a long-term investment. “Since day one he has issued executive orders and moved for agencies to pay attention to digital assets and how blockchain can increase transparency across the government,” said Cody Carbone, CEO of the Digital Chamber, in a statement to CoinDesk. In Congress, the industry shifted from pariah of 2022 (during its struggles with failing firms and fraud prosecutions) to a top priority of 2025, with significant support from a president who made continual demands of allied lawmakers. In a stunning example of rapid, bipartisan legislating, the Guiding and Establishing National Innovation for U. S. Stablecoins Act (GENIUS) Act became law, the first major U. S. crypto policy effort to do so. The Trump administration’s Treasury Department and banking agencies have already begun trying to sort out its implementation a lengthy process as it winds its way through public-comment periods and eventually through multiple rule proposals. The GENIUS Act was meant as a companion to advance alongside the more important legislation that would set up rules of the road for U. S. crypto markets.