2026 US Cryptocurrency Regulation Overview: A Pivotal Year from Policy-Friendly to Framework Formation

【Blockchain Rhythm】U.S. crypto policy is undergoing an unprecedented shift. Driven by Trump’s second term, the entire industry recognizes 2026 as a decisive moment, as a series of major regulatory measures are being implemented intensively.

Big moves have already begun at the start of the new year. In January, the Senate is expected to initiate hearings on the Crypto Market Structure Act. If passed, this bill will clearly define the boundaries of authority between the SEC and CFTC for the first time, potentially clearing up years of regulatory ambiguity that have troubled the industry. Meanwhile, the SEC is also working on introducing an “Innovation Exemption,” a flexible mechanism that could significantly lower compliance thresholds for startup projects.

As spring and summer arrive, changes continue to accelerate. May 15 is a key date—the end of Federal Reserve Chair Powell’s term, with Trump likely to appoint a more moderate successor, which is undoubtedly a positive signal for crypto assets like Bitcoin. Then, in July, California’s Digital Financial Assets Law officially takes effect, imposing specific licensing requirements on crypto firms operating in California. On the same day, July 18, the supporting regulations for the GENIUS Act concerning stablecoins will also be due, covering issuance rights, capital requirements, and various compliance standards.

In August, two major events will advance: crypto tax legislation (including tax exemption policies for small transfers of stablecoins) and the CFTC’s blockchain regulation rules are both expected to make substantial progress. Finally, the results of the November 3 U.S. midterm elections will directly influence subsequent legislation and regulatory tone.

Industry consensus is that the U.S. is increasingly close to establishing a clear, unified crypto regulatory system. This process of moving from fragmentation to completeness could reshape the entire industry’s competitive landscape.