It might seem as if cryptocurrency is everywhere at the minute as you can hardly turn a corner on the internet without being greeted by mentions of Bitcoin or Doge. That’s not set to change anytime soon as cryptocurrency is being introduced into private funds in the UK, as well as 401ks here in the USA.
Under President Trump, who has been in office since January 20th of this year, we’ve been seeing an increasing number of supportive changes to legislation, including the disbandment of the Crypto Enforcement Team and the introduction of the GENIUS Act. Overall, there have been a good number of recent changes in the cryptocurrency world, but let’s look at what they could mean for you.
Overseas legislation
One major change set to shake things up in the crypto world is the London Stock Exchange’s launch of a blockchain platform for private funds. Blockchain is one of the most valuable technologies to come out of the launch of crypto.
It’s a virtual ledger that publicly records all the transactions associated with a specific cryptocurrency. Once records are made, they can’t be edited, resulting in a higher level of transparency and preventing things like data manipulation¹.
Today, blockchain is used widely in industries outside of cryptocurrency, like healthcare and ecommerce, to make accurate sharing of records much easier. In September, the London Stock Exchange Group (LSEG) announced the launch of its Digital Markets Infrastructure (DMI), which uses blockchain as its base.
How is blockchain being used in private funds?
Private funds are the first assets to be added onto the DMI and will streamline the connection between fund managers and investors. In addition to blockchain, it uses distributed ledger technology for better communication, increased transparency and to provide a more secure marketplace.
The LSEG says that the private funds system is overly complex with confusing and lengthy manual processes that keep individual investors out². Blockchain is the proposed solution, giving private funds a standardized infrastructure to make them easier for investors to understand and reduce the need for fund managers. It also increases reach, allowing more investors to connect to trading databases around the world.
How does this impact you?
Although this change is happening in the UK, it’s still monumental, marking crypto’s first foray into the private fund market. Should it be successful in improving the speed and efficiency of trading, we could easily see blockchain making a move stateside³. The private fund world is hard for individuals to navigate, so if blockchain can help to change that, it will be the long sought after solution to make private fund investing easier for people around the world.
Trump enables crypto in 401ks
One big legislation change here in the USA has been the adoption of cryptocurrency in retirement plans (401ks). President Trump has been pushing to make it easier to use retirement savings to invest in cryptocurrencies. At the start of August 2025, he published an executive order to overturn guidance from 2022 which suggested taking ‘extreme care’ before offering crypto as an option within retirement plans⁴.
How does the change affect you?
When you’re working here in the US, you’re given the option to contribute part of your pay to an investment plan where the firms providing the accounts are responsible for their management. They determine where the money is spent and dictate its level of risk and fees. The new change will allow individuals to have a little more control over their finances by allowing them to invest in cryptocurrencies and other non-traditional investments, such as gold.
Usually, these investments are restricted to the wealthiest individuals and institutions, but the move allows everyday workers to get in on the crypto action. Trump highlighted that the more than ‘90 million Americans’ who contribute to an employer-sponsored plan cannot interact in ‘the potential growth and diversification opportunities’ of ‘alternative assets investments’⁵. In basic terms, it should make it easier for those looking to invest in cryptocurrency to do just that, including with the funds dedicated to their retirement plans.
What other crypto legislation has Trump introduced?
Donald Trump has been a vocal advocate for cryptocurrency since taking office this year. He’s even gone so far as to create his own cryptocurrency – $TRUMP and his family has a stake in the crypto firm World Liberty Financial, worth around $5b⁶. It’s little surprise then that the legislation he’s introduced in this short time has been highly favorable for crypto.
Disbanding the Crypto Enforcement Team
Following an order directly from the President, the Department of Justice disbanded the National Cryptocurrency Enforcement Team and redirected resources to focus on drug cartels and terrorist groups instead. It accused former President Joe Biden’s administration of pursuing a ‘reckless strategy of regulation by prosecution’ which had threatened personal security⁷.
The enforcement team was designed to prevent fraud and money laundering in the crypto sphere. It handled investigations and prosecutions, including the one against Binance last year which resulted in the company’s founder Changpeng Zhao pleading guilty to violating federal anti-money laundering laws.
The guilty plea resulted in a $4.3bn penalty for the world’s largest cryptocurrency exchange! Trump aims to move away from individual cases like this to instead focus on widespread violations.
The GENIUS Act
One piece of crypto legislation that has been garnering worldwide attention is the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS), which is the first piece of national cryptocurrency legislation. It sets up regulations for cryptocurrency to be followed across the country for more consistent monitoring.
The Act is designed to provide clearer rules that will make understanding trading easier and encourage the growth of cryptocurrency throughout the country. It also means that stablecoins must be backed one-to-one by US dollars, helping to support their value.
What does Trump’s support mean for crypto and you?
In terms of these two changes, they should make things a little clearer when it comes to investing in crypto. Although the full extent of the GENIUS Act hasn’t yet been revealed, when it comes into force, it should result in more consistent and clearer crypto legislation across the country. It should make it easier for individuals to invest without having to rely on an intermediary to understand the various restrictions in different states.
The disbandment of the Crypto Enforcement Team shows a similar shift in favor of making investing in crypto more straightforward and less of a tangle of rules and regulations. Although it might not affect you directly, it once again shows Trump is pushing the currency out of being a fringe concept and into the mainstream, intending for it to be taken seriously as an investment for Americans.
How could recent legislation impact crypto and you?
If you’re a crypto investor, or you’re just interested in tracking the path of the digital, decentralized currency, there’s a lot to watch out for right now in terms of legislation. In the UK, the blockchain element of crypto is being introduced to private funds to simplify investment for individuals and to remove the need for third-party investment management. If blockchain proves to be a handy tool in making what can be an overly complicated system more transparent and easier to understand, then it will likely make its way to the US.
There’s other crypto legislation changes which could impact you, such as the inclusion of crypto in 401ks which will open up investment in the currency to more people than ever before. Although the extent of the GENIUS Act hasn’t yet been made clear, it should make legislation easier to understand and more consistent across the country. You should have noticed a theme to all these changes, as all of them are focused on making getting into and understanding crypto simpler, which should make your crypto life a good deal easier!
² Private Funds, Written by London Stock Exchange Group, Published by London Stock Exchange Group.
