Crypto industry hopes rise as Donald Trump enters the White House
A new era is set for the industry with the appointment of crypto-friendly candidates such as Paul Atkins It remains to be seen whether the US will match similar regulatory frameworks like Europe’s MiCA The rise of Bitcoin will be shaped by institutional adoption, increased regulatory clarity, and broader macroeconomic and geopolitical trends US President-elect Donald Trump is taking office today with his incoming administration making significant promises for the crypto industry. After years of battling with the US Securities and Exchange Commission (SEC) under outgoing US President Joe Biden’s administration, the crypto market is beginning to feel hopeful. Even before entering the White House, a shift has already taken place with the appointment of crypto-friendly candidates including Paul Atkins as the next SEC Chair and crypto czar David Sacks. Trump is also, reportedly, going to sign an executive order making crypto a priority under his leade...