Crypto Industry Pushes For Policy Sea Change After Trump Victory

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November 14, 2024
By Hannah Lang


(Reuters) - The crypto industry is pushing for an ambitious raft of policies that would promote the widespread adoption of digital assets and considering who best to promote them, as they anticipate a cryptocurrency-friendly regime under President-elect Donald Trump.

While crypto companies were already anticipating a lighter touch with a new administration, Donald Trump's decisive victory and a projected Republican sweep of Congress pave the way for a dramatic and lasting crypto policy overhaul. Trump courted crypto cash with promises to be a "crypto president," and industry executives say he now has a strong mandate to deliver.

The industry is now pushing for measures including potential executive orders on crypto firms' access to banking services and crypto-friendly picks in a range of roles, in addition to a new Securities and Exchange Commission (SEC) chair, executives said.


Article:

https://www.reuters.com/sustainabil...cy-sea-change-after-trump-victory-2024-11-14/


 
the Bitcoin Strategic Stockpile as described by Trump at the Bitcoin conference end of July.

The end goal is to bring back trust in the finances of the US.
 
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