Securities Regulation Daily Wrap Up, VITAL BRIEFING—Feds embrace crypto, but industry seeks certainty of legislation, (Oct 15, 2025)
Crypto asset legislation is taking shape, but not fast enough for some.
The crypto industry is flourishing under a newly benevolent federal regulatory regime, buoyed by a series of SEC statements that digital assets are not securities. Crypto company IPOs are on the rise, and new ETF listing standards and inclusion of crypto assets in 401(k) plans are expected to boost markets.
But the industry seeks more than a regulatory safe space. Pending federal legislation could fuel further growth with legal certainty and preemption of state laws, but is facing roadblocks in the Senate. Meanwhile, states are ramping up crypto regulation and enforcement, creating what one insider called a “complete and utter patchwork” of laws.
In a new Vital Briefing, Wolters Kluwer Senior Legal Analyst Lene Powell shares insights by crypto industry experts at the recent Securities Enforcement Forum 2025 Central.
Click here to read Feds welcome crypto with open arms, but industry seeks certainty of legislation.
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