FSOC has removed crypto from its systemic risk list after Trump's pro‑crypto order, the GENIUS Act, SEC and OCC shifts, and growing ETF and stablecoin use by U.S. banks.
Summary
FSOC's 2025 report moves digital assets from "vulnerabilities" to "significant market developments," citing

Author: @BlazingKevin\_ , Researcher at Movemaker
Introduction: A Historic Turning Point in Regulation
The crypto industry experienced a historic turning point in the US regulatory environment in 2025. After a long period of "enforcement as regulation" leading to significant legal uncertainties, SEC Chair Paul Atkins introduced the "Crypto Initiative" in July 2025, aimed at modernizing securities regulation and supporting the administration's vision to position the United States as the "Global Crypto Capital."
One of the core measures of this new regulatory paradigm is the introduction of the "Innovation Exemption" policy. This exemption is designed as a time-limited regulatory relief to allow emerging projects to operate until the SEC finalizes permanent rules for digital assets.

Infrared Finance, a leading liquidity staking protocol based on Berachain, is about to reach a key milestone. Its native token IR has confirmed to have an exclusive TGE (Token Generation Event) on December 17, 2025, through Binance Wallet. The project aims to solve the complexity of Berachain's unique Proof-of-Liquidity (PoL) mechanism with innovative iBGT and iBERA solutions, enabling users to "stake without locking." Previously, Infrared has raised a total of $18.75 million, with investors including Framework Ventures, Binance Labs, and other institutions, demonstrating strong market expectations for its role as a core infrastructure in the Berachain ecosystem.