Crypto In 2025: From Federal Deregulation to State Action [Law360]  

December 18, 2025

Cryptocurrency has evolved from an exotic investment opportunity to a mainstream financial product. The Trump administration has propelled this transition by directing executive agencies to pivot from so-called regulating by enforcement to providing clarity and encouraging innovation. This, in turn, has opened the door for state attorneys general to become more active in asserting their authority through fraud actions, and in some cases, broader enforcement.

In a Law360 Expert Analysis article, Chuck Slemp, Aselle Kurmanova, and Morgan Vastag discuss how these shifts have created both opportunities and compliance challenges for businesses navigating the digital asset market.

To read the article, click here. (subscription required)

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Authors

Charles "Chuck" Slemp

Member

cslemp@cozen.com

(804) 762-6926

Aselle Kurmanova

Member

akurmanova@cozen.com

(212) 453-3954

Morgan Vastag

Associate

mvastag@cozen.com

(202) 280-6453

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