Helen Gugel Speaks to BBC World Service About the Evolving Regulatory Landscape for Digital Assets

Helen Gugel, a litigation & enforcement partner and co-head of the crypto and blockchain task force, recently spoke with the BBC World Service radio program Newsday about the rapidly changing regulatory environment for digital assets in the United States.

Helen notes that the current administration has ushered in a “sea change” in how digital assets are perceived, marking a significant shift from previous policies. This transformation is evident in recent legislative actions and regulatory pronouncements, most notably the passage of the GENIUS Act, the first federal law to provide clear direction on the treatment and regulation of digital assets.

The new legislation, Helen notes, “has been welcomed by in the industry” and adds that it is “hopefully the first step in a more comprehensive regulatory package” toward establishing clear rules of the road, balancing the need for consumer protection with the promotion of innovation.

Helen also added that recognition of the potential of digital assets has been growing, “there’s been an evolution as more and more institutions are adopting and incorporating digital assets and blockchain technology into their own businesses and looking how to utilize digital assets responsibly.”