Weekly Crypto Regulation Roundup: Trump Backs Crypto in 401(K) Accounts, and SEC Embraces Liquid Staking

Key Points

1. President Trump's administration is pushing for the inclusion of cryptocurrencies in 401(k) retirement accounts, urging regulatory bodies to re-evaluate current restrictions.

2. Pro-crypto economist Stephen Miran has been nominated to the Federal Reserve Board, potentially influencing crypto-friendly monetary policies.

3. The SEC clarified that certain liquid staking models, like Lido’s stETH, do not qualify as securities, easing regulatory concerns for the DeFi sector.

4. SEC Chair Paul Atkins emphasized a proactive approach to crypto regulation, aiming to keep financial innovation within the U.S.

5. Trump's executive orders were praised by industry leaders, particularly for addressing 'debanking' practices against lawful crypto firms.