What the crypto industry wants from a second Trump term
Bitcoin continued its postelection rally Monday, hitting a record price of more than $88,000. The asset has risen dramatically in value since Election Day, with investors expecting the next administration to be more crypto-friendly.
During his campaign, President-elect Donald Trump promised to make the U.S. “the crypto capital of the planet.” On Monday, The Washington Post reported he’s looking to make crypto-friendly appointments to regulatory agencies. Trump also has financial ties to the cryptocurrency industry through a new business called World Liberty Financial.
All this begs the question: At a moment when it’s riding high, what is the crypto industry asking for?
Paul Grewal, chief…
