TRM Labs exec likens excitement about crypto under Trump to ‘space race’ hype

The excitement around crypto in the US under President-elect Donald Trump’s term is akin to a space race, according to Ari Redbord, head of legal and government affairs at TRM Labs. 

During an interview with CNBC’s Squawk Box, Redbord mentioned that “people are the policy” and highlighted Trump’s pro-crypto nominations for his cabinet so far, such as Paul Atkins as the new Chairman of the US Securities and Exchange Commission (SEC) and David Sacks as the “crypto czar.”

He added:

“There is this excitement, and I think sort of cadence, of almost a space race where the US is now in a position to keep up with the rest of the world, or even surpass the rest of the world.”

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