According to Jake Chervinsky, Sen. Cory Booker has committed to protecting software developers in ongoing crypto policy discussions. Source: Jake Chervinsky on X, Dec 9, 2025. Chervinsky argues the only durable path is clarifying that “money transmission” under 18 U.S.C. § 1960 requires custody and control of user assets. Source: Jake Chervinsky on X, Dec 9, 2025; 18 U.S.C. § 1960 (U.S. Code). He states that without this custody-based definition, the current U.S. market structure bill should be a dealbreaker. Source: Jake Chervinsky on X, Dec 9, 2025. For traders, this highlights custody vs. non-custody as the core regulatory line shaping compliance exposure for DeFi front-ends, non-custodial wallets, and other software-only services. Source: Jake Chervinsky on X, Dec 9, 2025.

According to @jchervinsky, current crypto conditions include froth that requires keeping your eyes open and knowing why participation is worth it, and he states he will remain in the industry for life; source: @jchervinsky on X, Dec 8, 2025. For traders, this underscores a market phase where conviction and vigilance matter, reinforcing thesis-driven positioning and strict risk controls during exuberant periods; source: @jchervinsky on X, Dec 8, 2025.

According to @jchervinsky, he stated that after eight years working in crypto he “wouldn’t do a single day of it differently,” reflecting satisfaction with his experience and ongoing commitment to the sector. Source: @jchervinsky on X, Dec 8, 2025. For traders, this is a soft confidence signal without any explicit market guidance, price action commentary, or token mentions, so it should not be treated as a direct trading signal. Source: @jchervinsky on X, Dec 8, 2025.

According to @jchervinsky, Lindsay Fraser has joined the Blockchain Association as Chief Policy Officer and is among the best crypto policy advocates, highlighting her profile in U.S. digital assets regulation; source: X post by @jchervinsky on Dec 5, 2025. Lindsay Fraser confirmed the appointment and stated it comes at a pivotal moment as policymakers consider foundational questions for the future of digital assets; source: X post by @lindsayfraser0. The posts did not announce specific legislative timelines, regulatory proposals, or market guidance, indicating no immediate token- or exchange-specific catalysts in the disclosures; source: X posts by @jchervinsky and @lindsayfraser0. The announcement centers on U.S. crypto policy advocacy rather than price or asset-specific developments, with no mentions of BTC, ETH, or other tokens; source: X posts by @jchervinsky and @lindsayfraser0.

According to Jake Chervinsky, Citadel is against innovation that removes predatory, rent-seeking intermediaries from the financial system (source: Jake Chervinsky on X, Dec 3, 2025). He stated that this position is unsurprising to people in crypto, indicating the post is a sentiment signal rather than a specific policy or market update (source: Jake Chervinsky on X, Dec 3, 2025). The post was retweeted by Evgeny Gaevoy, increasing its reach among market participants (source: post content indicating RT by @EvgenyGaevoy, Dec 3, 2025). The post cites no concrete regulatory action, timeline, or asset, so there is no direct trading trigger; traders can treat it as headline sentiment and monitor DeFi-related news for follow-through (source: Jake Chervinsky on X, Dec 3, 2025).

According to @jchervinsky, he has joined Solana Institute in urging agencies to act now on the crypto policy priorities outlined in the institute’s public letter. Source: @jchervinsky on X (Nov 20, 2025); @SolanaInstitute on X, status 1991491721167847616. He stated that market structure legislation would be helpful but is not required for agencies to resolve many problems under current law. Source: @jchervinsky on X (Nov 20, 2025). This places near-term attention on agency actions rather than new legislation as the pathway to address many crypto policy issues. Source: @jchervinsky on X (Nov 20, 2025).

According to @jchervinsky, the claim that a more heavily regulated stablecoin issuer is inherently better is flawed, and the goal should be only as much regulation as necessary. source: Jake Chervinsky (@jchervinsky) on X, Sep 12, 2025. He argues that over-compliance makes issuers slower and more costly, noting that waiting for NYDFS to approve new products is cumbersome and pointing to Paxos as an example. source: Jake Chervinsky (@jchervinsky) on X, Sep 12, 2025. For traders tracking $USDH and NYDFS-regulated stablecoins, this highlights approval latency and compliance overhead as key operational risks for issuance speed and product availability. source: Jake Chervinsky (@jchervinsky) on X, Sep 12, 2025.

According to Jake Chervinsky (@jchervinsky), during the Congressional hearing on the CLARITY Act, anti-crypto legislators have dismissed the bill as 'the complexity act,' but have not provided substantial critiques (source: Twitter, June 4, 2025). This signals that regulatory resistance remains largely rhetorical rather than policy-driven, indicating that no immediate restrictive measures are expected. For traders, the lack of concrete opposition suggests a stable short-term environment for cryptocurrencies, as the market continues to monitor legislative developments without pricing in new regulatory risks.

According to Jake Chervinsky on Twitter, Miles' analysis highlights that crypto foundations, once the industry standard for governance and compliance, may no longer be necessary as regulatory frameworks evolve and market participants seek more streamlined structures (source: Jake Chervinsky Twitter, June 4, 2025). The discussion is now focused on whether new crypto projects will maintain the traditional two-asset model (token plus equity) or move to a simpler token-only model. This shift could impact liquidity, project valuation, and trading strategies, as token-only models may enhance transparency and align incentives for both investors and users, making them more attractive for active traders and institutional participants (source: https://t.co/iNGkEOYZev).

According to Jake Chervinsky, the new House draft of the Digital Asset Market Structure and Consumer Protection Act (DAMCA) is the most comprehensive and advanced crypto market structure legislation produced by Congress in the past seven years. Chervinsky notes that while there are still issues to address, the bill is surprisingly close to being ready, signaling significant progress in regulatory clarity for digital assets. For crypto traders, this draft could provide clearer rules and more predictable compliance standards, potentially reducing regulatory uncertainty and positively influencing market sentiment. Source: Jake Chervinsky Twitter, May 31, 2025.

According to Jake Chervinsky, the convergence of advanced technology, top-tier talent, increasing investment, and evolving regulatory frameworks is setting the stage for significant growth in the cryptocurrency market over the next few years (source: Jake Chervinsky on Twitter, May 31, 2025). For traders, this signals a potential new bull cycle driven by robust infrastructure and clearer legal guidelines, which may boost institutional participation and liquidity. Monitoring regulatory developments and investment inflows can provide key trading signals as the market prepares for accelerated adoption.

According to Jake Chervinsky, stablecoin regulation bills should advance independently while regulatory agency rulemaking must receive equal or higher priority for effective crypto market structure reform (source: Jake Chervinsky, Twitter, May 27, 2025). This approach suggests traders should monitor the legislative progress of stablecoin bills and regulatory actions closely, as these developments could directly affect crypto market liquidity, trading conditions, and investor confidence.

According to Jake Chervinsky, stablecoin legislation is expected to be finalized in the near future, which could provide greater regulatory clarity and support for crypto trading activities. However, Chervinsky notes that comprehensive market structure reforms will likely face more complex challenges and extend into next year at minimum (source: Jake Chervinsky, Twitter, May 27, 2025). Traders should prepare for a phased regulatory environment, where stablecoins may see increased adoption and volatility in the short term, while broader market structure changes could influence trading volumes and liquidity over a longer period.

According to Jake Chervinsky, the US House released a new discussion draft on crypto market structure on May 5, 2025, which builds on the FIT21 framework but introduces significant new content requiring careful review (source: Jake Chervinsky, Twitter, May 27, 2025). While there is discussion of a potential markup on June 10, Chervinsky expresses doubts about the feasibility of this timeline. For crypto traders, this legislative uncertainty could increase volatility and impact strategic positioning, as regulatory clarity remains unresolved in the near term.

According to Jake Chervinsky, the third CFTC Commissioner announced their departure this week, leaving only Kristin Johnson and pending confirmation of Quintenz. This creates significant challenges for the CFTC to establish new regulatory rules, which directly affects the clarity and stability of cryptocurrency market oversight. The selection of new Commissioners is crucial, as it will determine the regulatory approach and pace of rulemaking for crypto trading platforms and digital assets. Traders should closely monitor developments, as regulatory uncertainty may lead to increased volatility and affect trading strategies in the crypto market (Source: Jake Chervinsky on Twitter, May 16, 2025).

According to Jake Chervinsky, being pro-crypto yet anti-stablecoin is emerging as a significant viewpoint this decade (source: @jchervinsky, May 16, 2025). For traders, this underscores a growing divide between traditional cryptocurrency assets like Bitcoin and Ethereum and the stablecoin sector, which has been integral for liquidity and risk management. This perspective signals that regulatory scrutiny or market sentiment shifts could uniquely impact stablecoins, affecting trading pairs, liquidity pools, and on-ramp/off-ramp strategies. Traders should monitor stablecoin policy developments and their direct influence on overall crypto market volatility and capital flows.

According to Jake Chervinsky, the Bank Secrecy Act creates additional risks for crypto traders by exposing sensitive user data, and he emphasizes that the crypto industry should prioritize technological solutions over increased surveillance to address anti-money laundering (AML) challenges (source: Twitter/@jchervinsky, May 16, 2025). This viewpoint underscores the increasing demand for privacy-focused crypto tools, which could drive investor interest in privacy coins and blockchain security projects. Traders should monitor developments in privacy-enhancing technologies and regulatory reactions, as these trends could significantly influence price movements and market sentiment in the cryptocurrency sector.

According to Jake Chervinsky on Twitter, despite a 'no' vote in the Senate regarding stablecoin regulation, over 60 Senators reportedly support the initiative, with both parties blaming each other for the delay (source: Jake Chervinsky, Twitter, May 8, 2025). This bipartisan acknowledgment signals positive momentum for future regulatory clarity, which is likely to reduce uncertainty and volatility in the stablecoin sector and broader crypto markets once legislation advances.

According to Jake Chervinsky, passing stablecoin legislation in Congress remains a complex process requiring persistent effort and collaboration, rather than grand strategy. For crypto traders, this indicates that regulatory clarity around stablecoins could take longer to materialize, affecting short-term trading strategies and stablecoin-related market moves. Traders should closely monitor legislative updates, as the enactment of stablecoin regulation could significantly influence liquidity, trading pairs, and volatility in major cryptocurrencies (source: Jake Chervinsky on Twitter, May 2, 2025).

According to Jake Chervinsky (@jchervinsky), immediate passage of stablecoin legislation is critical for ensuring regulatory clarity and market stability in the cryptocurrency sector. Chervinsky's statement highlights the growing demand from institutional investors for a robust legal framework governing stablecoins, which could lead to increased trading volumes and reduced market volatility once enacted (source: Jake Chervinsky, Twitter, May 2, 2025).