President Donald Trump's second term has ushered in significant changes in U.S. cryptocurrency policy, marked by executive orders and the passage of the GENIUS Act. These moves have aimed to bolster the regulatory framework for digital assets. Key appointments in regulatory bodies have further shaped the landscape, reflecting a more structured approach to crypto governance. Despite these advancements, the administration faces hurdles, including a government shutdown that has stalled legislative progress. The Senate's inaction on the Digital Asset Market Clarity Act and delays in establishing a federal bitcoin reserve highlight ongoing challenges. These issues underscore the complexities of navigating crypto policy amid political and economic uncertainties.