US Regulators Have Changed Bank Crypto Rules With Every New President Since 2017. Why a Law Is Better for Bitcoin

US crypto regulations have shifted with each president since 2017, creating instability; a consistent law could provide better support for Bitcoin's future.

Since 2017, the landscape of cryptocurrency regulation in the United States has been a rollercoaster ride, influenced significantly by changes in presidential administrations. It's not just speculation—this shifting regulatory environment has serious implications for Bitcoin and its interaction with banks. As of today, Bitcoin is trading at approximately $85,975, reflecting a concerning 3% decline this year and a staggering 28.7% drop over the past year. With the ever-changing rules, one can't help but wonder: what does this mean for the future of crypto regulation?

How Have Regulations Shaped Bitcoin Access?

The chronology of changes in regulations tells an insightful story. Under President Trump's administration in July 2020, the Office of the Comptroller of the Currency (OCC) allowed national banks to hold cryptocurrencies for their customers. This was a significant win for Bitcoin proponents. However, the Biden administration reversed this trend, mandating, as of November 2021, that banks obtain supervisory approval before engaging in any crypto-related activities. The volatility has raised concerns among investors: can Bitcoin access remain stable amidst these constant flip-flops?

What Role Do Regulations Play in the Market?

According to the Congressional Research Service (CRS), laws tend to remain stable over time, while regulatory changes can be swiftly altered by a new administration. Banks are squarely in the crosshairs of these regulatory changes, affecting how and whether they can buy and hold Bitcoin. The stark realization is that the current favorable regulations could be rewritten with a change in leadership, leading to unpredictable futures for Bitcoin enthusiasts.

Can A Law Bring Stability to Bitcoin?

Why is a law better suited for the cryptocurrency ecosystem than fluctuating regulations? The answer lies in the nature of legislation versus regulation. Regulations can be enacted or revoked by agency leaders without needing a Congressional vote, making them inherently unstable. This was notably illustrated when the SEC's accounting guidance related to crypto custody was reversed in early 2025. In contrast, a law requires substantial effort to enact or overturn. For instance, the GENIUS Act, passed in July 2025, established stablecoin regulations, providing a notable framework that has not faced the same abrupt changes.

What About the Recent SEC Custody Proposal?

Most recently, on October 1, 2026, the SEC proposed a new custody framework for investment advisors and funds regarding cryptocurrencies. While this proposal could allow advisers to manage crypto on behalf of their clients, it remains a regulatory guideline rather than a law. Critics are wary, as history shows that such regulations can be quickly undone or altered, adding layers of uncertainty for investors and institutions alike.

Are Today’s Rules Sustainable in a Changing Political Landscape?

As the political landscape continues to evolve, one question remains critical: will the current bank crypto regulations endure through the next presidential transition? As it stands, this favorable environment for cryptocurrencies hangs in the balance of agency discretion. Investors face a potentially shaky future, dependent entirely on the decisions made by the officials who hold regulatory power at any given moment.

Why the Time for Permanent Crypto Law is Now

The frequently changing regulatory landscape indicates a pressing need for comprehensive legislation that can codify bank and custody rules into law, providing much-needed stability for Bitcoin and other cryptocurrencies. Until such laws are enacted by Congress, uncertainty will continue to plague the crypto market. Traders who wish to navigate these turbulent waters should consider reliable platforms like Binance, Bybit, and others, which offer competitive rates and bonuses for their services.

• Since 2017, U.S. bank regulators have shifted crypto policies with every new administration.
• As of October 2, 2026, Bitcoin is trading around $85,975, reflecting a concerning decline.
• Regulatory changes can be quickly reversed, highlighting the need for stable laws in the cryptocurrency sector.
• The SEC's recent proposals, while progressive, remain regulatory and may be susceptible to change.
• Comprehensive legislation is essential to secure a stable future for Bitcoin access in banking.

In this unpredictable regulatory landscape, staying informed is crucial for both casual and institutional investors. As you consider your next steps in crypto, explore the diverse offerings provided by exchanges like Bitget and MEXC, and don’t forget to check out their referral pages for exclusive bonuses available on Velora88.