Media Coverage
Source: The National Law Journal
Media Coverage
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas
02.14.25
In the wake of a four-year period in which the crypto industry faced an onslaught of litigation, President Trump signed an executive order to establish a Strategic Digital Asset Reserve, marking a new era for the industry and supporting the ability of investors and private-sector entities to access and use digital assets without fear of government enforcement.
In an interview with The National Law Journal, Corporate Investigations & White Collar Defense partner David Oliwenstein said that, as predicted, Trump is moving swiftly to remove perceived obstacles to the widespread use of blockchain technology and development of the crypto asset markets.
“By directing relevant agencies to assess the merits of every regulation, guidance, or statute that impacts crypto assets, today’s order is an initial step in furtherance of the President’s agenda to make the U.S. the ‘world capital’ of crypto,” he said. “We expect the task force to generate actionable ideas that will provide increased regulatory certainty and concrete guidance to market participants regarding the rules of the road.”
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