The first two months of the second Trump administration have seen a burst of significant shifts in crypto regulation and policy.
These changes have spanned three core areas: (1) regulatory—with a particular focus on the Securities and Exchange Commission; (2) executive; and (3) legislative. New changes seem to arrive almost daily, challenging FinTech and crypto attorneys to keep up with what has changed and what may be changing shortly.
Robert A. Schwinger explores recent developments in this edition of his New York Law Journal Blockchain law column.
Download the full New York Law Journal article, "New administration’s crypto whirlwind marks significant shifts for digital assets."
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The OECD Pillar Two rules (also known as the Global Minimum Tax), where implemented by a national jurisdiction, require multinational enterprises (MNEs) with a consolidated group turnover of more than €750 million to calculate the effective tax rate in each jurisdiction in which it operates.
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On February 25, 2025, the Department of Energy (DOE) issued an Order Granting Request for Rehearing and Clarification and Modifying Order (Order 5233-A) (the Modified Order) clarifying that DOE will no longer consider ship-to-ship transfers of liquified natural gas (LNG) used as a fuel for marine vessels an “export” for the purposes of Section 3 the Natural Gas Act of 1938 (the NGA) when the receiving ship is located in US ports, US waters or international waters.
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