
Trump’s Crypto Policy Revolution
A new position dedicated to cryptocurrency policy in the White House is being proposed for the first time ever in a report by Bloomberg about the Trump administration. This would be the first time that a manager is employed full-time with a focus on digital assets indicating a change in the way the government perceives cryptocurrency regulation.

Key Details of the Proposed Crypto Role
Purpose: The aim of this role will be to harmonize the cryptocurrency policy by providing a connector between White House, Congress and regulators such as the SEC and CFTC.
Direct Reporting: There has been push by industry figures to demand that this role should be under the office of the president, given its potential to create a conducive environment for the regulation of digital assets.
Team: The position will be expected to manage a small team which makes it an important point of convergence within the structures of the central government regarding issues related to the crypto currency.
Industry Consultations and Candidate Vetting
The Trump camp is reported to have talked with industry leaders to determine the necessity of this role and is also in the process of finding appropriate individuals for the position. Such meetings were recently held at Donald Trump’s Mar-a-Lago resort where it is believed that Coinbase’s Brian Armstrong and former Coinbase executive Brian Brooks spoke on November 19.
The Pro-Crypto Technical Moves of President Trump Administration and How the Market Has Reacted to Them
It is evident that the Trump administration has a plan to be more accepting of cryptocurrencies.
Focus on Regulation: Trump has promised to ease regulatory constraints emanating from the SEC on the cryptocurrency business. He also proposes the creation of a federal Bitcoin reserve.
CFTC Leadership: The administration is evaluating several directors to the CFTC. One of them is Summer Mersinger, a currently serving commissioner at the CFTC who has been opposed to recent actions against crypto businesses.
Commerce Secretary Appointee: In his address to the media on the nomination of Howard Lutnick as the Secretary of Commerce, Trump noted that Lutnick is the CEO of the company Cantor Fitzgerald, which is pro-crypto.
The Sentiment in the Market Toward Crypto Assets Improved
The election of Donald Trump to the US presidency brought significant changes in the crypto market, especially with our expectations on the values of Coinbase shares which rallied above $300 for the first time since 2021 levels. A number of analysts opine that the pro-crypto policies expected of the Trump administration will assist in reducing the regulatory pressures on the sector.
Michael Miller, an equities analyst for Morningstar was quoted recently saying, “We see Coinbase as a potential beneficiary of the election results as regulatory pressures may lessen under a Trump administration.”
Building on these changes as the presidential team develops its strategy for dealing with digital assets, the potential appointment of a crypto czar at the White House may herald a new era in the regulation of cryptocurrency by US federal agencies and one that will be decidedly more accommodating to the industry.