Crypto Policies and American Innovation
The U.S. marketplace will likely become more cryptocurrency-friendly with industry-backed lawmakers winning in Congress and the White House this election cycle.
Many crypto community experts have likened President-elect Donald Trump’s potential impact on digital assets to that of the internet boom under the President Bill Clinton administration, hoping that clearer and lighter regulations will give rise to innovation and broader adoption.
The crypto industry raised — and spent — hundreds of millions of dollars on the 2024 U.S. election cycle. Per the nonprofit industry group Stand With Crypto, the elections saw more than 250 “pro-crypto” members of Congress elected along with more than 15 “pro-crypto” senators.
