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ARTICLE · 31 JULY 2025

CryptoLink Newsletter - June 2025

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June marked a pivotal moment in U.S. digital asset oversight with major developments from the SEC, Congress, and the DOJ. First, on June 9, 2025, the SEC's Crypto Task Force held its final scheduled roundtable...

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June marked a pivotal moment in U.S. digital asset oversight with major developments from the SEC, Congress, and the DOJ. First, on June 9, 2025, the SEC's Crypto Task Force held its final scheduled roundtable called "DeFi and the American Spirit," which brought together SEC staff, legal experts, and technological experts to discuss the Commission's role in overseeing DeFi. During the roundtable, SEC leadership highlighted the alignment of DeFi's principles with the core American values of economic liberty, private property rights and innovation. In parallel, the GENIUS Act (Guaranteeing Essential Nonbank Issuers Uniform Standards), bill focused on stablecoin regulation, passed the Senate on June 17, marking the first time a comprehensive federal framework for stablecoin regulation cleared a chamber of Congress. SEC Chairman Paul Atkins has publicly remarked on the importance of the Genius Act for furthering the aim of "continuing to work to make America—already

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