President-elect Donald Trump’s upcoming administration is expected to appoint crypto-supportive candidates in key federal finance positions to create a more favorable environment for cryptocurrencies in the US. This aligns with Trump’s ultimate goal of making the US the “Crypto Capital of the planet.” The new administration will overhaul policies and appoint new officials to reshape the nation’s regulatory framework.
Trump’s advisers are consulting with pro-crypto industry stakeholders on upcoming policy formulations, particularly focusing on regulatory agencies like the United States Securities and Exchange Commission (SEC). Potential SEC Chair candidates include Mark Uyeda, Hester Pierce, Daniel Gallagher, Chris Giancarlo, and Paul Atkins.
The shift in attitude towards cryptocurrencies is expected to promote growth in the digital assets industry and attract more investors to the US market.
