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Trump Policy Has Crypto Privacy Developers in a ‘Very Bad State’, Says Coin Center

Trump Policy Has Crypto Privacy Developers in a ‘Very Bad State’, Says Coin Center

For over a year now, the White House has made strong efforts to court the crypto industry, rolling out permissive regulations that have turbocharged the sector’s integration with the U.S. economy.  

But there’s one issue that still keeps some crypto industry leaders up at night, despite the Donald Trump administration’s many promises on the subject: protections for software developers. 

Last year, the Trump Justice Department made multiple commitments to stop prosecuting the developers of crypto privacy software—the types of tools used to keep crypto transactions anonymous. And yet, months later, federal prosecutors sent two Bitcoin developers to prison for creating such software—and took another Ethereum developer to trial…

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