How Trump came around to crypto – and what crypto wants in return
NASHVILLE – With US President-elect Donald Trump’s inauguration less than two weeks away, cryptocurrency executives are jockeying for access to Trump himself and for a seat on the planned crypto advisory council, expected to be formed soon after he takes office on Jan 20.
Circle chief executive Jeremy Allaire said on Jan 9 on social media platform X that the stablecoin company contributed tokens worth US$1 million (S$1.37 million) to Trump’s inaugural committee, joining a parade of other CEOs vying for favour as the incoming administration works to form a key crypto industry group.
The planned crypto advisory council, which industry insiders intend to use to influence the incoming administration’s digital-asset policies, may…
