Comment on Trump poised to place pro-crypto people in SEC

Trump poised to place pro-crypto people in SEC

President-elect Donald Trump is expected to put pro-crypto personnel in positions across major federal financial regulators. While on the campaign trail, Trump promised to support crypto if he were to win, earning him both donations and, presumably, votes. He previously promised to transform the United States into the “crypto capital of the planet,” according to the Washington Post, in a pledge that was met with enthusiasm from crypto leaders and concern from consumer watchdogs. Now, the Post further reports that Trump’s aides are eyeing crypto-friendly candidates for top financial posts, as well as consulting with crypto company executives for possible federal policy changes. Specifically, these early discussions focus on financial regulatory agencies, including the Securities and Exchange Commission (SEC).

 

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