Trump’s ‘Crypto Capital’ Dream Shifts Risk Assessment to States

image of different crypto coinsimage of different crypto coins

Trump’s ‘Crypto Capital’ Dream Shifts Risk Assessment to States

April 18, 2025

United States
United States
United States
With President Donald Trump’s vision to establish the US as the “crypto capital” of the world, companies must remain vigilant about the dynamic federal and state regulatory environment.

While federal authorities may currently de-prioritize enforcement, statutes of limitations remain unchanged and often extend beyond a single administration. The specter of selective prosecution is also present, especially for foreign companies within the US market.  In addition, key US states are ramping up their enforcement efforts.  

In this article published by Bloomberg Law, Michael Bahar, Mary Jane Wilson-Bilik, and Alexander Fuchs highlight several key points for crypto companies to consider, including:

  • The need to maintain compliance efforts, particularly in light of the likely surge in state crypto enforcement and the potential for selective federal enforcement.
  • Key elements to consistently include within Terms and Conditions and Contracts.
  • The importance of protecting systems and data against increasing cybersecurity threats.
  • The need to remain ahead of regulatory trends and expectations.

The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

Services

Business Topics

Key contacts

michaelbahar@eversheds-sutherland.com

Michael Bahar

Partner

Washington, DC, United States

mjwilsonbilik@eversheds-sutherland.com

Mary Jane Wilson-Bilik

Partner

Washington, DC, United States

alexfuchs@eversheds-sutherland.com

Alexander P. Fuchs

Counsel

New York, United States

Latest Insights

Latest News

Latest Events

EU-flags-at-the-European-Commission-Berlaymont-building-cropped

guides and reports

October 23, 2026

EU: Empowering Consumers for the Green Transition Directive

Electricity transmission pylons across rural landscape energy infrastructure power lines

legal updates

October 21, 2026

Navigating energy storage globally

An abstract image of a building

legal updates

October 21, 2026

Construction Projects in the GCC

Contemporary glass office building urban exterior

legal updates

October 16, 2026

FS+ Country Updates – September 2026

© Eversheds Sutherland 2026. All rights reserved. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client. For further information about these Eversheds Sutherland Entities and Eversheds Sutherlands’ structure please see the Legal Notices page of this website.