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