David Sacks, the White House’s lead on crypto policy, believes the Trump administration could establish clear regulations for digital assets within half a year.
Speaking on the All-In Podcast, Sacks emphasized the importance of defining the structure of the crypto market to help developers navigate regulatory requirements.
He explained that digital assets fall into different categories—currencies, securities, commodities, and collectibles like NFTs—each requiring distinct regulatory treatment. Bitcoin, for example, is already classified as a commodity, but other assets may shift classifications as they evolve.
According to Sacks, one major issue is the lack of clear guidelines on how a crypto project could transition from being a security to a decentralized commodity. He argued that setting these definitions is critical for fostering innovation while ensuring compliance.
With Republicans holding control of the House, Sacks sees a stronger possibility of passing meaningful crypto legislation—something previous efforts have failed to achieve. He remains optimistic that a regulatory framework could be put in place within six months.
Following the Senate’s approval of the GENIUS Act, U.S. financial institutions are signaling growing interest in stablecoins for settlement and payments.
Bangkok has thrown new weight behind its digital-asset ambitions, carving out a five-year capital-gains tax holiday for Thais who sell cryptocurrencies such as Bitcoin through locally licensed exchanges.
In a major turning point for digital asset legislation, the U.S. Senate has officially passed the GENIUS Act, a bill aimed at regulating stablecoins and laying the groundwork for broader crypto oversight.
Gemini and Coinbase are reportedly on the verge of securing operational licenses in the European Union, signaling a major step forward in their international growth plans.