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Weekly Onchain Politics: October 17 - 24, 2025
šØ President Trump on Oct. 23 pardoned Binance founder Changpeng Zhao, who had served a sentence for money laundering-related charges. The White House stated the move was part of ending the previous administration's "war on cryptocurrency," signaling a major policy shift.
šļø Bipartisan senators held a private roundtable with crypto CEOs on Oct. 22 to advance a comprehensive market regulation bill. Discussions centered on clarifying SEC and CFTC jurisdiction and establishing a federal framework for stablecoins and consumer protection.
š The SEC and CFTC are preparing a synchronized push to establish new crypto oversight frameworks by year-end, according to an Oct. 24 report. Key priorities include creating rules for listed spot crypto trading and the use of tokenized assets as collateral in regulated markets.
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