Close Up: What Exactly Has Trump Promised The Crypto Sector?
As Election Night unfolded at Mar-a-Lago on November 5, 2024, Donald Trump celebrated his prospective victory surrounded by notable figures like Elon Musk, Robert F. Kennedy Jr., and Howard Lutnick, CEO of Cantor Fitzgerald. As diverse as their respective backgrounds are, they do share one common interest: cryptocurrency.
Trump had rarely discussed crypto until recently, but the industry has become a significant source of campaign funding for him and related political action committees. In order to secure this support, he has made substantial promises to the crypto community (interestingly, Project 2025 contains no references at all to Bitcoin or cryptocurrency in general).
Digital asset markets responded enthusiastically on election…
