Crypto readies its wish list for Trump
The cryptocurrency industry spent big in the 2024 election, and its investment is about to pay off in the incoming Congress and administration.
For more than a decade, there was a lack of clarity from federal regulators that left industry advocates frustrated, especially as the Biden administration went after crypto giants including Coinbase and Ripple for allegedly selling unregistered securities and urged caution with banks and investors.
But President-elect Trump, who once dismissed crypto as a “scam,” embraced it on the campaign trail, becoming the first presidential candidate to accept digital assets. Over on Capitol Hill, lawmakers from both sides of the aisle could send comprehensive crypto legislation to his desk during…
