Trump's Impact on Crypto Policy and Industry Development

Source: CryptoNewsNet Original Title: Most Influential: Donald Trump Original Link: U.S. President Donald Trump didn’t write crypto policy. He didn’t negotiate legislation or craft regulatory guidance. But without his sweeping demands from the White House and the pressure he’s applied on his political allies in Congress, it’s hard to imagine the industry would have had the several major successes it’s celebrated during his first year back in office.

Between his first and second administrations, Trump made an astounding reversal in his early suspicions of digital assets, not only leaping aboard the sector’s train, but demanding a role as its new conductor. The same president whose Securities and Exchange Commission (then under the leadership of former Chair Jay Clayton) once sued Ripple, effectively kicking off the regulation-by-enforcement approach to the sector arrived for his second term on a wave of pro-crypto campaign promises.