Trump Administration’s Priorities List Does Not Include Crypto
President Trump released a list of top priorities for Republican lawmakers after taking office; this document did not mention cryptocurrency.
Although he has appointed several pro-industry financial regulators, the cryptocurrency community remains concerned about whether the president will be a reliable friend.
Trump made no mention of cryptocurrency during inauguration
In the months leading up to President Trump’s election and inauguration, the cryptocurrency community has viewed him as its president. Good Regulation’s Best Friend. trump card Officially recognized industry At a conference in Nashville in July, after made a lot of promises.
Many of the most influential figures in cryptocurrency have has praised his influence.
“President Trump’s focus on making cryptocurrencies a national priority encourages everyone to clearly define their views in a more productive way and develop plans for new and exciting ways our industry has never seen it before. Ways to Enable Cryptocurrency Adoption.” chain link Co-founder Sergey Nazarov said in an exclusive interview with BeInCrypto.
Nonetheless, recent developments have clearly poured cold water on these political aspirations. Trump circulated a copy before the inauguration document Allied lawmakers are debating his top priorities.
Despite touching on some economic issues, Trump has not said a word about the cryptocurrency industry.
Everyone is overreacting! I just listened to Trump’s inaugural address. He didn’t mention cryptocurrency, but why would he now? If you guys remember, a historic number of pro-crypto members of Congress were just elected on top of the pro-crypto SEC and the crypto czar. I just don’t understand why people are so panicked. ” wrote Popular influencer Borowic
This notable cryptocurrency snub comes as a surprise, especially Because Trump initiated his own Meme coin based on Solana. he even A formal “crypto dance party” was held The event brought together many leading figures.
Prominent cryptocurrency leaders, including the CEO of Crypto.com, attended the inauguration. Still, his actual priorities apparently include issues like border immigration and “climate extremism,” but have nothing to do with regulation of the crypto industry.
Granted, some of Trump’s top priorities could benefit various sectors of the crypto industry. He has an entire subsection labeled “Making America Affordable and Energy Dominant Again,” with policies that could help the power-intensive mining industry.
Still, he has pledged to cut wind power, a Important source for some mining companies.
Ultimately, Trump still delivered several concrete victories for the cryptocurrency community, especially in Appoint friendlier financial regulators. However, his snub has left the community concerned about whether he will continue with the investment.
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