“A Warmer Welcome?” The Oath

In an article for The Oath, Partners Charles Riely and Kayvan Sadeghi, and Associates Lawrence McMahon, Ryan Miller, and Navjit Sekhon examine shifting approaches to cryptocurrency and digital assets in the US. The article explores how the Trump administration’s move away from an enforcement-oriented strategy is creating a more supportive environment for crypto projects considering entry into the market.

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The article highlights early signs of change, including the SEC and DOJ scaling back major enforcement actions, federal banking regulators softening their stance, and Congress advancing legislation aimed at providing clearer rules for crypto assets.

While the federal shift signals a friendlier tone for the industry, the authors note that regulatory uncertainty remains — especially given state-level rules and continued risks of private litigation.

“Regardless of how the federal regulatory framework takes shape, the industry must anticipate litigation or enforcement actions from the states,” the authors write. “While the industry should be optimistic, any market participant should remain vigilant in ensuring compliance at the state level.”

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© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.

“A Warmer Welcome?” The Oath

In an article for The Oath, Partners Charles Riely and Kayvan Sadeghi, and Associates Lawrence McMahon, Ryan Miller, and Navjit Sekhon examine shifting approaches to cryptocurrency and digital assets in the US. The article explores how the Trump administration’s move away from an enforcement-oriented strategy is creating a more supportive environment for crypto projects considering entry into the market.

Read More

The article highlights early signs of change, including the SEC and DOJ scaling back major enforcement actions, federal banking regulators softening their stance, and Congress advancing legislation aimed at providing clearer rules for crypto assets.

While the federal shift signals a friendlier tone for the industry, the authors note that regulatory uncertainty remains — especially given state-level rules and continued risks of private litigation.

“Regardless of how the federal regulatory framework takes shape, the industry must anticipate litigation or enforcement actions from the states,” the authors write. “While the industry should be optimistic, any market participant should remain vigilant in ensuring compliance at the state level.”

Related Capabilities

Related Locations

© 2026 Jenner & Block LLP. Attorney Advertising. Jenner & Block LLP is an Illinois Limited Liability Partnership including professional corporations. This publication, presentation, or event is not intended to provide legal advice but to provide information on legal matters and/or firm news of interest to our clients and colleagues. Readers or attendees should seek specific legal advice before taking any action with respect to matters mentioned in this publication or at this event. The attorney responsible for this communication is Brent E. Kidwell, Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654-3456. Prior results do not guarantee a similar outcome. Jenner & Block London LLP, an affiliate of Jenner & Block LLP, is a limited liability partnership established under the laws of the State of Delaware, USA and is authorised and regulated by the Solicitors Regulation Authority with SRA number 615729. Information regarding the data we collect and the rights you have over your data can be found in our Privacy Notice. For further inquiries, please contact dataprotection@jenner.com.

News and Insights

Event

Amanda Shafer Berman to Speak on Energy and Administrative Law at WEN-DC Webinar

As the Supreme Court's new Term begins, Jenner & Block Partner Amanda Shafer Berman will join a Women's Energy Network of Washington, DC (WEN-DC) webinar on how the Court's decisions are shaping the energy sector.

October 14, 2026

Publications

Partner Amanda Shafer Berman Quoted in Bloomberg Law on Senate Permitting Overhaul Bill

Partner Amanda Shafer Berman was quoted in an October 5 Bloomberg Law article, "Permitting Deal Gives Projects Defense Against Litigation Delays," on the Senate's new permitting overhaul package and its expected impact on litigation over federal permitting reversals.

October 2026

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Partner John Storino to Speak at Sandpiper Partners' “AI and Outside Counsel Guidelines Roundtable”

On October 8, Partner John Storino will serve as a panelist at the “AI and Outside Counsel Guidelines Roundtable,” hosted by Sandpiper Partners in Chicago.

October 8, 2026

Event

Partner Meghan Greenfield to Speak on Supreme Court Climate Case at Edison Electric Institute's Fall Legal Conference

On Wednesday, October 7, Partner Meghan Greenfield will speak on a panel titled "Boulder County v. Suncor Energy: What the Supreme Court's Climate Case Means for the Energy Industry" at the Edison Electric Institute's Fall Legal Conference in Salt Lake City, Utah.

October 7, 2026

Publications

The Form Rules Everything: A Seventh Circuit Ruling on ERISA's Substantial Compliance Doctrine

Partner Joseph Torres and Special Counsel Jennifer Beach authored an article for Employee Relations Law Journal examining the Seventh Circuit's decision in Packaging Corp. of America Thrift Plan for Hourly Employees v. Langdon, a ruling that addresses both the standard of review in ERISA interpleader actions and the continued viability of the substantial compliance doctrine for changing plan beneficiaries.

October 5, 2026